أثر الفساد على جاذبية الدول العربية للاستثمار الأجنبي المباشر : دراسة قياسية باستخدام نماذج بانل للفترة 2003-2016

Abstract EN

The study attempted to measure the impact of corruption on attracting foreign direct investment in 10 Arab countries by using PANEL models for the period (2003-2016).

These countries were selected on the basis of the availability of data and information on the variables and the period of the study.

It relied upon the report data of the investment climate issued by the Arab Investment Guarantee Corporation concerning Foreign Direct Investment, and Corruption Perceptions Index issued by the International Transparency Organization on corruption.

In addition, Economic and other variables were added to the model as independent variables directly related to the dependent one.

Based on the results of the model's estimation, the study concluded that the variable of corruption had a significant and inverse relationship; I.e it has a negative impact, so that the higher the level of corruption by 1 % is, the lower the level of the flow of Foreign Direct Investment in the Arab countries decreased by 1.479 %.