The nexus between domestic investment and economic growth in MENA countries; Does unemployment matter?

Bakari, Sayef (2023): The nexus between domestic investment and economic growth in MENA countries; Does unemployment matter?

Abstract

In this paper, we try to search the effect of unemployment on the relationship between domestic investment and economic growth. Data for MENA countries over the period 1998 – 2022 are applied for panel data analysis. Empirical analysis validates that domestic investment impact positively on economic growth. However, unemployment has a negative incidence on economic growth. Also, the outcome of domestic investment on economic growth attests to be influenced negatively by unemployment.

• Item Type: MPRA Paper
• Language: English
• Keywords: Domestic Investment, Economic Growth, unemployment, MENA Countries, Panel Data Analysis
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity; G - Financial Economics > G3 - Corporate Finance and Governance > G31 - Capital Budgeting ; Fixed Investment and Inventory Studies ; Capacity; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O50 - General

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