FDI determinants and oil effects on foreign direct investment : evidence from Islamic countries

Mohammad Javad Razmi and Mehdi Behname

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. -- foreign direct investment ; Islamic countries ; oil extraction ; panel data

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Year of publication:	2012
Authors:	Razmi, Mohammad Javad ; Behname, Mehdi
Published in:	Advances in management & applied economics. - Christchurch, New Zealand : Scientific Press International Limited, ISSN 1792-7552, ZDB-ID 2614240-5. - Vol. 2.2012, 4, p. 261-270
Subject:	Auslandsinvestition \| Foreign investment \| Islamische Staaten \| Islamic countries \| Welt \| World \| Multinationales Unternehmen \| Transnational corporation

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Classification:	F20 - International Factor Movements and International Business. General ; F30 - International Finance. General ; C19 - Econometric and Statistical Methods: General. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009718617