391644

An Examination of impact of infrastructure on Foreign Direct Investment: The Role of Institutional Quality in MENA Region from (2000-2020)

Article

Last updated: 04 Jan 2025

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الأقتصاد

Abstract

Foreign direct investment has become one of the tools for many developing countries in recent years to enhance overall economic growth. The aim of this study is to empirically examine the impact of infrastructure indictors on FDI using institutional quality as moderator in 15 counties from MENA Region from 2000 till 2020. Initially, Principal component analysis (PCA) was utilized to construct composite indicator for infrastructure, furthermore dynamic generalized least square (GLS) was applied to assess the impact of infrastructure on FDI. The results showed that there is a negative and significant relationship between infrastructure and FDI in the MENA Region. The study recommends policymakers should focus on strengthening the quality of infrastructure as one aspect in attracting FDI, besides considering how investment gap associated with infrastructure growth could impact FDI inflow  

DOI

10.21608/jces.2024.391644

Keywords

FDI, Infrastructure, MENA region, PCA, Generalized least Square

Authors

First Name

Mohamed

Last Name

Amin

MiddleName

-

Affiliation

Faculty of Business Informatics, Egypt University of Informatics & Resercher, College of Management and Technology, Arab Academy for Science and Technology, Alexandria, Egypt

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Orcid

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First Name

Ashraf

Last Name

Salah El-Din

MiddleName

-

Affiliation

Finance Department, College of Management and Technology, Arab Academy for Science and Technology, Alexandria, Egypt

Email

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City

-

Orcid

-

First Name

Marwa

Last Name

El Sherif

MiddleName

-

Affiliation

Finance Department, College of Management and Technology, Arab Academy for Science and Technology, Giza, Egypt

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-

City

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-

Volume

15

Article Issue

3

Related Issue

48574

Issue Date

2024-07-01

Receive Date

2024-07-01

Publish Date

2024-09-30

Page Start

306

Page End

340

Print ISSN

2090-3782

Link

https://jces.journals.ekb.eg/article_391644.html

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https://jces.journals.ekb.eg/service?article_code=391644

Order

113

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

An Examination of impact of infrastructure on Foreign Direct Investment: The Role of Institutional Quality in MENA Region from (2000-2020)

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Article

Created At

24 Dec 2024