The Effects of Foreign Direct Investment and Economic Freedom on Economic Growth in Developing Countries
Journal Title: The Journal of Middle East and North Africa Sciences - Year 2017, Vol 3, Issue 9
Abstract
One of the economic factors of economic development is achieving positive and stable economic growth and Foreign Direct Investment (FDI) is one of the factors affecting the stable economic growth. FDI attraction can make the growth and development progress faster in the host countries by positive effects such as gaining wealth, technology transfer, extending the market size and export advantages, introducing new processes, improving management ability, training human resources and accessing foreign markets. Considering the important role of FDI, this study is trying to study the effects of FDI and economic freedom on economic growth in 10 selected developing countries in period of 2000 to 2013 using panel data. The results show that FDI has a positive and meaningful effect on the economic growth of the studied countries so that we can say by increasing FDI there will be an improvement in the economic growth of the countries. Also the index of economic freedom has a positive and meaningful effect on economic growth. It is to be mentioned that the rate of economic openness and the index of producer price also have had positive effect on the economic growth of the studied countries.
Authors and Affiliations
Aidin Poorabdollahi Sheshgelani, Arash Ketabforoush Badri
Keywords
Related Articles
- EP ID EP212533
- DOI -
- Views 94
- Downloads 0
Feminism and The Role of Women Leadership
Today, under the influence of the wave of industrial revolution 4 times, the woman gradually asserted its position, role as the leader, senior managers, consultants, senior experts. Within the scope of this paper, I woul...
Anxiety Experience and Preoperative Nursing Care Evaluation Among Postoperative Emergency Caesarian Section Patients in Two Selected Hospitals, Nairobi, Kenya
Emergency caesarean section poses obstetric, anesthetic and surgical risks to the mother and the unborn baby and exacerbates anxiety which is deleterious. Preoperative nursing care rendered during this period greatly inf...
Newly licensed RNs’ Characteristics, Work Attitudes and Intentions to Work: A Critical Appraisal
The main purposes of this critique is to evaluate the relevance, design, results and conclusions, and to indicate weaknesses and strengths of the “Kovner, C. T., Brewer, C. S. Fairchild, S. Poornima, S. Kim, H. & Djukic,...
Analytical Study of Some Islamic Teachings regarding Consumption & Consumer Protection
This paper presents the authenticity of Islamic teachings about the modernism. No doubt, consumerism showed their rights to the consumers and for redress of their loss, legislation and special consumer courts were set up...
Riemann Paper (1859) Is False
In 1859 Riemann defined the zeta function. From Gamma function he derived the zeta function with Gamma function. the zeta function and Gamma function are the two different functions. It is false that (Gamma function repl...