This paper adopts a theoretical framework that depends on the development of Weitzman (2001)'s theory in dynamic net social welfare and tries to quantify the concept of the net social welfare within a theoretical macroeconomic framework. The paper tests the impact of the foreign direct...

This paper tests empirically the effect of the real inflows of the foreign direct investment on the Egyptian growth rate by utilizing a simple intervention time series model to capture the dynamism of such effect over time. The results show positive significant effects of the real foreign direct...