Title : ( FDI determinants and oil effects on foreign direct investment: evidence from Islamic countries )
Authors: Seyed Mohammad Javad Razmi , Mehdi Behname ,
Full TextAbstract
This paper investigates studying FDI determinants in Islamic countries. We have chosen a sample with 8 Islamic countries in the period 1985-2009. We have applied a balanced panel data model. Hausman (1978) test shows that we should use random effects model. The results indicate that economic growth has the most effect on FDI attracting. But, inflation rate, oil extraction and openness have a negative effect on attraction of FDI. For attraction of FDI, Islamic countries should control economic risk and should pay attention to economic growth.
Keywords
Foreign Direct Investment; Islamic Countries; Oil Extraction; Panel Data
@article{paperid:1029865,
author = {Razmi, Seyed Mohammad Javad and Behname, Mehdi},
title = {FDI determinants and oil effects on foreign direct investment: evidence from Islamic countries},
journal = {Advances in Management & Applied Economics},
year = {2012},
volume = {2},
number = {4},
month = {October},
issn = {1792-7544},
pages = {261--270},
numpages = {9},
keywords = {Foreign Direct Investment; Islamic Countries; Oil Extraction; Panel Data},
}
%0 Journal Article
%T FDI determinants and oil effects on foreign direct investment: evidence from Islamic countries
%A Razmi, Seyed Mohammad Javad
%A Behname, Mehdi
%J Advances in Management & Applied Economics
%@ 1792-7544
%D 2012
