Investigating the Nexus Between FDI and Institutional Quality: Evidence from Morocco

Autor: Hamza Belfqih, Ahlam Qafas, Mounir Jerry
Rok vydání: 2021
Předmět:
Zdroj: Global Journal of Emerging Market Economies. 14:390-418
ISSN: 0975-2730
0974-9101
DOI: 10.1177/09749101211053069
Popis: This article investigates the relationship between institutional quality and foreign direct investment (FDI) in Morocco using a large set of institutional quality variables over the period 1970–2016. The study uses ARDL bounds testing approach with structural breaks and Granger causality. The analysis is then extended to the disaggregated sub-components to discern the inherent dynamics of institutional quality. The study finds several relationships between FDI and various aspects of institutional quality. Results from both models conclude with policy recommendations.
Databáze: OpenAIRE