دور الاستثمار الأجنبي المباشر في الحد من الفقر : دراسة تطبيقية على الاقتصاد المصري خلال الفترة (1990-2018)‎

Abstract EN

The study aims to analyze and measure the impact of foreign direct investment on poverty reduction in the short and long run in the Egyptian economy during the period (1990-2018).

The study relied on the method of joint integration using Bounds testing based on (ARDL) approach for the estimation of long-run relationships and the (ECM) model for estimating short-run relationships using annual time series data for the period (1990-2018).

It is evident from the study of the development of foreign direct investment and poverty rates that the Egyptian economy has suffered from fluctuations in foreign direct investment flows and an increase in poverty rates during the study period, which reflects the need for consistent between the nature of foreign investments inflows to Egypt and with the medium or low employment to output elasticity of the sectors that are regarded as the most attractive to those flows in Egypt.

The results showed that FDI had a positive and significant impact on the human development index as an indicator for poverty reduction in the short and long run.