Interaction of Economic Freedom and Foreign Direct Investment Globally: Special Cases from Neglected Regions

Autor:	Yhlas Sovbetov, Mohamed Moussa
Jazyk:	angličtina
Rok vydání:	2017
Předmět:	Foreign Direct Investments Economic Freedom Neglected Regions lcsh:HB71-74 Openness of Economy Panel Data Analysis lcsh:Finance lcsh:HG1-9999 lcsh:Economics as a science
Zdroj:	Journal of Economics and Financial Analysis, Vol 1, Iss 1, Pp 59-80 (2017) Journal of Economics and Financial Analysis
ISSN:	2521-6619 2521-6627
Popis:	This paper studies the macroeconomic impact of economic freedom on foreign direct investments inflows in both global and regional panel analyses involving 156 countries through the period of 1995-2016. Unlike to prior literature, it includes often neglected nations such as Fragile and Conflict-Affected states, Sub-Saharan, Oceanian, and Post-Soviet countries. The paper finds a positive impact of economic freedom on FDI under fixed-effects model in global case where a unit change in economic freedom scales FDI inflows up to 1.15 units. More specifically, all 9 regions also refer to positive and significant impact of economic freedom on FDI. The highest impact is recorded in European countries, whereas the lowest ones are documented in Fragile-Conflict affected states, Sub-Saharan zone, and Oceanian countries.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::aaea9b2e09f27dd62cf4027a84a48e39 http://ojs.tripaledu.com/jefa/article/download/6/3 Zobrazit plný text záznamu