mollaesmaeili dehshiri, hassan and sameti, Morteza and sameti, Majid (2012): Impact of Human Development Index and Rule of Law to Attract Foreign Direct Investment in Selected Developing Countries.
Preview |
PDF
MPRA_paper_81479.pdf Download (691kB) | Preview |
Preview |
PDF
MPRA_paper_81479.pdf Download (691kB) | Preview |
Preview |
PDF
MPRA_paper_81479.pdf Download (691kB) | Preview |
Preview |
PDF
MPRA_paper_81479.pdf Download (691kB) | Preview |
Abstract
Capital is the driving force of economic growth and development and the optimal utilizations of resources and capital are the most important factors in achieving economic growth and development. Foreign direct investment is one of the best methods in industrial projects’ financing and investing. Therefore, in line with the economic growth and development it is necessary to identify those factors which affect the FDI and to determine the influence degree of each to make a proper policy in this area. Human development index and rule of law are the effective factors which influence the absorption of FDI and this varies according to different economic governments. The main purpose of this paper is to investigate effects of human development index and rule of law on attracting FDI. In order to assess each of these factors’ influence, we consider the FDI as a function of GPD, exchange rate, inflation, human development index and rule of law, the data is collected in 23 developing countries between 2001-2010 and a model is provided by using regression of panel data. The results of model estimation confirm the study hypothesis which is on the basis of positive and significant impacts of human development index and rule of law on the attraction of FDI.
Item Type: | MPRA Paper |
---|---|
Original Title: | Impact of Human Development Index and Rule of Law to Attract Foreign Direct Investment in Selected Developing Countries |
English Title: | Impact of Human Development Index and Rule of Law to Attract Foreign Direct Investment in Selected Developing Countries |
Language: | English |
Keywords: | Foreign direct investment, human development index, rule of law,panel data Regression |
Subjects: | F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements K - Law and Economics > K2 - Regulation and Business Law > K20 - General O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration |
Item ID: | 81479 |
Depositing User: | hassan mollaesmaeili dehshiri |
Date Deposited: | 20 Sep 2017 12:24 |
Last Modified: | 16 Aug 2024 01:24 |
References: | Amini, A & Hejaziazad, Z. (2008) The role of human capital and research and development in improving total factor productivity (TFP) in the Iranian economy, Iran economic research journal, No.35, pp.1-3. Arcelus, F., Sharma, B. & Srinivasan, G. (2005) The Human Development Index Adjusted for Efficient Resource Utilization, world institute for development economic research, research paper No.2005/08. Bercaly, L. A. (2000) Foreign Direct Investment in Emerging Economies: Corporate Strategy and Investment Behavior in the Caribbean, Routledge, London and New York. Bevan, A & Estrin, (2004) The determinants of foreign direct investment into European transition economies, Journal of Comparative Economics, No. 32. Pp. 775–787. Buch, Claudia, Kokta, Robert, Piazolo & Daniel, (2003): Does the East get what would otherwise flow to the South? FDI diversion in Europe, Journal of Comparative Economics, No. 31. pp. 94–109. Caves, R. E. (1974) Multinational Firms, Competition and Productivity in Host Country Market, Economica, No. 41. PP. 176 -193. Dargahi, H. (2006) Factors affecting the development of foreign direct investment: lessons for Iranian economy, sharif journal, No.36. pp. 57-73. Di Mauro, F. (1999) The effects of economic integration on FDI flows: an empirical analysis and comparison with trade, Document paper No. 134, Center for European Policy Studies, Brussels. European Bank for Reconstruction and Development (EBRD), 1994–2002. Transition Report. EBRD, London. Hejazi, Walid, Safarian, Edward, 1999. Trade, foreign direct investment, and R & D spillovers. Journal of International Business Studies 30, 491–511. Froot, K.A. & Stien J.C. (1989) Exchange Rate and Foreign Direct Investment , NBER Working Paper (2914). Haggard, S., MacIntyre, A. & Tiede, L. (2007) The Rule of Law and Economic Development, by University of California - SanDiego. Jensen, N. (2003) Democratic Governance and Multinational Corporations: Political Regimes and Inflows of ForeignDirect Investment, International Organization, No. 57. pp. 587–616. Markaz Malmiri, A. (2006) Rule of Law, The Office of Law Studies, Majlis Research Center (First Edition). Moosa, I. (2002) Foreign Direct Investment, Theory, Evidence and Practice, London, Palgrave. Rivlin P. (2001) Economic Policy and Performance in the Arab World, London: Lynne Renner. Shahabadi, A & mahmoudi, A. (2006) Determinants of foreign direct investment in Iran, Threads economic journal, No. 5. pp. 89-125. Sobhani, H. (1992) Efficiency of educational investment, economic research journal, No. 45. pp. 76. Stolper, A.M., Walker, C.S. & Marczak J. (2006) Rule of Law, Economic Growth and Prosperity, Report of the Rule of LawWorking Group, American Society and Council of the America. New York. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/81479 |