مجلة اقتصاديات شمال افريقيا
Volume 14, Numéro 1, Pages 45-58
2018-08-31

تقدير تأثير استثمارات دول منظمة التعاون الاقتصادى والتنمية على نمو الدول العربية

الكاتب : علياء نبيل خضير .

الملخص

This paper sought to find the long-run relationship between the economic growth of Arab ‎countries and their inward direct investments inflows from The Organization for Economic ‎Cooperation and Development (OECD) countries during period of 2005 to 2014. Two types of ‎panel unit root tests, common unit root processes represented in Levin, Lin and Chu panel unit ‎root test and individual unit root processes represented in Im, Pesaran and Shin panel unit root ‎test and Fisher-type Augmented Dickey Fuller (ADF-Fisher) panel unit root test and Fisher-type ‎Philips Perron (PP-Fisher) panel unit root test to analyze the stationarity of data. The panel ‎cointegration test based on Pedroni seven residual cointegration tests and Kao residual ‎cointegration test were used to test in panel among the variables. With the help of Eviews 9 ‎software and a sample of 14 Arab countries, the results imply that the level of economic growth ‎of the Arab countries and their inward FDI inflows from OECD countries have a long-run ‎equilibrium relationship. Moreover, Fully Modified Ordinary Least Squares (FMOLS) estimator ‎of the study model indicated that inward direct investments inflows from OECD countries have ‎a significant positive impact on the economic growth of Arab countries.‎

الكلمات المفتاحية

OECD, FDI, Growth, Panel cointegration, FMOLS, Arab countries‎