قياس العلاقة السببية بين الاستثمار الأجنبي المباشر، الصادرات و النمو الاقتصادي في دول ال MENA : دراسة قياسية خلال الفترة 2000-2016 باستخدام VECM

الملخص EN

This study aim to examine the causal relationship among foreign direct investment (FDI), exports, and economic growth for 15 selected Middle Eastern and North African countries (MENA) over the period 2000–2016 using panel vector error correction model (VECM).

The empirical results indicate that bidirectional causal relationship between foreign direct investment, exports and economic growth in the long run.

Bidirectional causal relationship between exports and economic growth and unidirectional causal relationship from exports to foreign direct investment in the short run.

Based on the findings of panel fully modified ordinary least square (FMOLS) method can be concluded that foreign direct investment and exports are significant aspects which positively impact on economic growth in Middle Eastern and North African countries.