المـجــــلــــة العـــلمـــيـــة المـسـتـقـبــــل الاقــتــصــــــادي
Volume 10, Numéro 1, Pages 71-84
2022-12-30

The Relationship Between Stock Prices And Foreign Direct Investment On Economic Growth In Emerging Countries. A Comparative Analysis During The Period 2000-2018.

Authors : Benyamina Tayeb . Mokhtari Fayçal . Benzemra Mankour .

Abstract

Financial markets are a focal point between thrift and investment through specialized instruments and institutions key channels, as it creates investment opportunities for cash balances. The study aims at examining the impact of Stock Prices and Foreign Direct Investment on Economic Growth through adopting emerging countries during 2018-2000 as a sample, basing on Panel Data Technique. The estimated results indicate that Total Stock Price Values and FDI have a positive association on economic growth, while a negative effect between Local Stock Turnover and economic growth. Also, fiscal surpluses that are originating from FDI have a major effect on economic growth in sample countries. The study recommends relying on more accurate techniques, such as: effective Panel models, as well as expanding sample in the prospective studies.

Keywords

Stock Prices; Foreign Direct Investment; Economic Growth. Emerging Countries.