Policy, market size, trade openness & natural resources endowment im-pact on foreign direct investments; A Meta-analysis of MENA Oil Pro-ducing Countries
Article Metrics Report
Views, downloads, citations, engagementCited by
Current citation countResearch summary
Purpose: To assess the impact of policy, market size, trade openness & natural resources endowment on foreign direct investments in MENA countries. Methods: Meta-analysis has been incorporated that has combined data from multiple studies. It has systematically assessed the results of previously conducted researches for obtaining accurate results. The study has incorporated incomplete and unbalanced data from 17 MENA countries between the years 1960 and 2012.
The data was obtained from World Development Indicators, World Bank, and Energy Information Administration. Results: The results have identified that oil reserves have a negative influence on FDI inflows. Trade openness was positive and significant at 5%. Similarly, the impact of market size, measured as GDP constant, was also positive and significant at 10%. Conclusion: It has been evaluated that market size, trade openness, and natural resource have a positive impact on foreign direct investments among MENA countries. Originality Statement: The study is based on certain factors for assessing their impact on FDIs. Such originality has a closer relevance to assessing the market size, trade openness and natural resources among oil-producing countries.
Article History
How to Cite
Khayat, S. H.. (2017). Policy, market size, trade openness & natural resources endowment im-pact on foreign direct investments; A Meta-analysis of MENA Oil Pro-ducing Countries. International Journal of Business and Economic Development, Volume 05 Issue 3.
Citation Context
APA
Khayat, S. H.. (2017). Policy, market size, trade openness & natural resources endowment im-pact on foreign direct investments; A Meta-analysis of MENA Oil Pro-ducing Countries. International Journal of Business and Economic Development, Volume 05 Issue 3.
MLA
Khayat, Sahar Hassan. "Policy, market size, trade openness & natural resources endowment im-pact on foreign direct investments; A Meta-analysis of MENA Oil Pro-ducing Countries." International Journal of Business and Economic Development, Volume 05 Issue 3, 2017.
Chicago
Sahar Hassan Khayat. "Policy, market size, trade openness & natural resources endowment im-pact on foreign direct investments; A Meta-analysis of MENA Oil Pro-ducing Countries." International Journal of Business and Economic Development Volume 05 Issue 3 (28 Nov 2017).
Harvard
Khayat, S. H. (2017) Policy, market size, trade openness & natural resources endowment im-pact on foreign direct investments; A Meta-analysis of MENA Oil Pro-ducing Countries. International Journal of Business and Economic Development, Volume 05 Issue 3
References
- Abbott, A. J., & De Vita, G. 2011. Evidence on the impact of exchange rate regimes on bilateral FDI flows. Journal of Economic Studies, 38(3), 253-274. Doi: 10.1108/01443581111152382
- Asiedu, E., & Lien, D. 2011. Democracy, foreign direct investment and natural resources. Journal of international economics, 84(1), 99-111. Doi: 10.1016/j.jinteco.2010.12.001
- Asiedu, E., Dzigbede, K., & Nti-Addae, A. 2015. 23. Foreign Direct Investment, Natural Resources, and Employment in Sub-Saharan Africa. AFRICA at a Fork in the Road, 395.
- Bekhet, H. A., & Al-Smadi, R. W. 2014. Determining the causality relationships among FDI determinants: evidence from Jordan. International Journal of Sustainable Economy, 6(3), 261-274. Doi: 10.1504/ijse.2014.063184
- Bekhet, H. A., & Matar, A. 2013. The Impact of global financial crisis on the economic growth and capital market returns: evidence from Jordan. In the Twelfth Scientific Annual International Conference for Business (Human Capital in a Knowledge Economy) (pp. 22-25).
- Blonigen, B. A. 2005. A review of the empirical literature on FDI determinants. Atlantic Economic Journal, 33(4), 383-403.
- Denisia, V. 2010. Foreign direct investment theories: An overview of the main FDI theories.
- Dunning, J. H. 1980. Toward an eclectic theory of international production: Some empirical tests. Journal of international business studies, 11(1), 9-31.
- Hisarciklilar, M., Gultekin-Karakas, D., & Asici, A. A. 2014. Can FDI be a Panacea for Unemployment? The Turkish Case. In Labor and employment relations in a globalized world (pp. 43-70). Springer International Publishing. DOI: 10.1007/978-3-319-04349-4_3
- Hisarciklilar, M., Kayam, S. S., & Kayalica, O. 2006. Locational Drivers of FDI in MENA Countries: a spatial Attempt.
- Khayat, S. H. 2017. Institutional Dimension of Investment Profile, Natural Resources & Foreign Direct Investments: A Case of MENA Oil Producing Countries. International Journal of Economics and Finance, 9(8), 33.
- Medvedev, D. 2012. Beyond trade: the impact of preferential trade agreements on FDI inflows. World Development, 40(1), 49-61. Doi: 10.1016/j.worlddev.2011.04.036
- Mottaleb, K. A., & Kalirajan, K. 2010. Determinants of foreign direct investment in developing countries a comparative analysis. Margin: The Journal of Applied Economic Research, 4(4), 369-404. Doi: 10.1177/097380101000400401
- Onyeiwu, S., & Shrestha, H. 2004. Determinants of foreign direct investment in Africa. Journal of Developing Societies, 20(1-2), 89-106. Doi: 10.1177/0169796X04048305
- Pearson, D., Nyonna, D., & Kim, K. J. 2012. The Relationship between economic freedom, state growth and foreign direct investment in US States. International Journal of Economics and Finance, 4(10), 140. Doi: :10.5539/ijef. v4n10p140
- Rogmans, T., & Ebbers, H. 2013. The determinants of foreign direct investment in the Middle East North Africa region. International Journal of Emerging Markets, 8(3), 240-257.
- Seetanah, B., & Rojid, S. 2011. The determinants of FDI in Mauritius: a dynamic time series investigation. African Journal of Economic and Management Studies, 2(1), 24-41. Doi: 10.1108/20400701111110759
- Wong, K., & Tang, T. 2010. FDI and employment in manufacturing and services sectors: fresh empirical evidence from Singapore. Journal of Economic Studies, 38(3), 313-330.