Research Article


DOI :10.26650/JEPR635016   IUP :10.26650/JEPR635016    Full Text (PDF)

Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries

Ahmed MusabehMehdi Zouaoui

North Africa region is one of the wealthiest areas due to its natural resources and strategic location. But, it is still fragile according to economic indicators, especially investment environment and foreign direct investment, “FDI”, which represents a considerable challenge for governments and policymakers in these countries. This study investigates the main variables and policies that affect FDI inflows and evaluates the effectiveness of these policies on attracting FDI inflows in five North African countries, namely Algeria, Egypt, Libya, Morocco, and Tunisia. To achieve that aim, a panel data of North Africa countries is used within the timeframe of 1996 to 2013, the study has adopted three types of FDI related variables that may affect host country attractiveness: economic variables, institutional variables, and political variables. Also, we have investigated the influence of two kinds of investment policies on FDI: domestic FDI policies, and international FDI policies. The results indicate that the trade liberalization policies and integration into global business have a positive and significant correlation with FDI inflows growth. Additionally, the study also found that increasing domestic investment in host countries attracts more FDI. and adopting more efficient investment policies (investment freedom policies) are statistically significant and have a positive impact on FDI inflows growth in the North Africa region.

JEL Classification : F21 , F3 , F14

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APA

Musabeh, A., & Zouaoui, M. (2020). Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries. Journal of Economic Policy Researches, 7(1), 1-20. https://doi.org/10.26650/JEPR635016


AMA

Musabeh A, Zouaoui M. Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries. Journal of Economic Policy Researches. 2020;7(1):1-20. https://doi.org/10.26650/JEPR635016


ABNT

Musabeh, A.; Zouaoui, M. Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries. Journal of Economic Policy Researches, [Publisher Location], v. 7, n. 1, p. 1-20, 2020.


Chicago: Author-Date Style

Musabeh, Ahmed, and Mehdi Zouaoui. 2020. “Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries.” Journal of Economic Policy Researches 7, no. 1: 1-20. https://doi.org/10.26650/JEPR635016


Chicago: Humanities Style

Musabeh, Ahmed, and Mehdi Zouaoui. Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries.” Journal of Economic Policy Researches 7, no. 1 (Apr. 2024): 1-20. https://doi.org/10.26650/JEPR635016


Harvard: Australian Style

Musabeh, A & Zouaoui, M 2020, 'Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries', Journal of Economic Policy Researches, vol. 7, no. 1, pp. 1-20, viewed 20 Apr. 2024, https://doi.org/10.26650/JEPR635016


Harvard: Author-Date Style

Musabeh, A. and Zouaoui, M. (2020) ‘Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries’, Journal of Economic Policy Researches, 7(1), pp. 1-20. https://doi.org/10.26650/JEPR635016 (20 Apr. 2024).


MLA

Musabeh, Ahmed, and Mehdi Zouaoui. Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries.” Journal of Economic Policy Researches, vol. 7, no. 1, 2020, pp. 1-20. [Database Container], https://doi.org/10.26650/JEPR635016


Vancouver

Musabeh A, Zouaoui M. Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries. Journal of Economic Policy Researches [Internet]. 20 Apr. 2024 [cited 20 Apr. 2024];7(1):1-20. Available from: https://doi.org/10.26650/JEPR635016 doi: 10.26650/JEPR635016


ISNAD

Musabeh, Ahmed - Zouaoui, Mehdi. Policies and Variables affecting FDI: A Panel Data Analysis of North African Countries”. Journal of Economic Policy Researches 7/1 (Apr. 2024): 1-20. https://doi.org/10.26650/JEPR635016



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Submitted20.10.2019
Accepted28.12.2019
Published Online31.12.2019

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