Determinant of FDI: Evidence from Organization of the Petroleum Exporting Countries (OPEC)

Asian Economic and Financial Review

关键词: FDI;    OPEC;    GMM;    Investment;    Economic openness.;   

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

The paper examined the determinants of foreign direct investment inflows in OPEC countries. This paper aims to find out the major determinants of foreign direct investment in the periods 1985 - 2014 using the Generalized Method of Moment (GMM) and panel data. The results show that GDP, exchange rate, imports, FDI in previous periods and gross fixed capital formation have? had a positive and significant effect and government size has a negative and significant effect on FDI inflow in OPEC. Also, inflation and economic openness have no significant effect on FDI.

【 授权许可】

CC BY