Determinant of FDI Inflows in OIC Countries

Autor: Tania Megasari, Samsubar Saleh
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: International Journal of Islamic Economics and Finance, Vol 4, Iss 1, Pp 31-50 (2021)
Druh dokumentu: article
ISSN: 2622-3562
2622-4372
DOI: 10.18196/ijief.v4i1.9473
Popis: This study aims to analyze the determinants of foreign direct investment (FDI) in the Organization of Islamic Cooperation (OIC) country members for the period 2005 to 2018 The determinant variables of FDI are corruption, political stability and macroeconomic variables such as inflation, exchange rates, economic growth, and trade openness. Analysis used in the study is the fixed effect model (FEM) of the OIC data panel. The results showed that economic growth and trade openness had a significant influence on foreign direct investment (FDI), while the effects of corruption, political stability, inflation and the exchange rate have no significant effect on foreign direct investment (FDI).
Databáze: Directory of Open Access Journals