Determinants of foreign direct investment in Tunisia: Empirical assessment based on an application of the autoregressive distributed Lag model
Journal Title: Economics, Management and Sustainability - Year 2017, Vol 2, Issue 1
Abstract
In recent years, the changing economic and political environment in Tunisia led to a renewed interest on the drivers of foreign direct investment, given its potential important gains. In this study, we investigated the impact of various factors over the period 1980-2012. In doing this, three categories of determinants were considered: economic, political and sociocultural variables. Empirical findings drawn from the autoregressive distributed lag bounds testing approach show that variation in foreign direct investment inflow in the short-run and long-run is affected by the majority of variables considered, except exchange rate, urban population and gross domestic savings. As a matter of policy, it is essential that government should continue its efforts to create a macroeconomic environment which is attractive to foreign direct investment.
Authors and Affiliations
Teheni El Ghak, Abdelkader Zribi, Nadia Zrelli, Hazar Temmi
Specific risks and profitability of Islamic Banks in MENA region
Islamic banks offer Sharia-compliant financial products. In addition to conventional risks, these banks face specific risks which will have negative effects. We investigate the effects of specific risks on the performanc...
Quarterly inflation rate target and forecasts in Romania
In this study, we proposed some inflation rate predictions based on econometric models that performed better than the targets of the National Bank of Romania. Few econometric models (multiple regressions model and a vect...
Moderating influence of school culture on the relationship between transformational leadership and organizational health of secondary school teachers in Malaysia
This study aimed to determine the level of transformational leadership practices by school principals in the national secondary schools in the state of Pulau Pinang and Kedah Darul Aman, Malaysia. The three dimensions of...
Solving the problem of concentration of agricultural lands by agricultural holdings from the perspective of rural development
The development of rural areas largely depends on the activities of local agricultural enterprises. It is expedient to consider the impact of agricultural holdings on the development of rural areas, taking into account t...
Management of functionaries’ development of the enterprise management system by application of the criteria experts assessment by method of functional reliability
Emphasis on the importance and necessity of human resources management at the enterprise is made. It was emphasized that special attention should be paid to the evaluation of managers, in particular the characteristics o...