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2010 | vol 1, iss. 1 | 67--75
Tytuł artykułu

Determinants of Direct Foreign Investment: Evidence from Jordan

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
In order to show the effect of direct foreign investment flows on the economy of Jordan, this study comes to examine the economic and financial risks on FDI on the macro level over the period (1997- 2007). This study applies a version of the model developed by Chan and Gemayel (2004) by using Multiple Linear Regression Model. The analysis revealed that there exists significant and positive relationship between foreign direct investment flows into the economy of Jordan and economic and financial variables. The study claims for further FDI promotion through incentives to attract new investments. These factors are: providing targeted fiscal incentives, such as tax concessions, cash grants, and specific subsidies; improving domestic infrastructure; promoting local skills development to meet investor needs and expectations; establishing broad-reaching FDI promotion agencies and improving the regulatory environment and decreasing red tape.(original abstract)
Rocznik
Strony
67--75
Opis fizyczny
Twórcy
  • Hashemite University, Jordania
  • Hashemite University, Jordania
Bibliografia
  • Abdel-Rahman, A., 2004. "Determinants of foreign direct investment (FDI) in the Kingdom of Saudi Arabia", Arab Journal Administrative Sciences, Vol. 11, No. 2, Kuwait University
  • Banga, R., 2003. "Impact of government policies and investment agreements on FDI inflows", Working Paper, No.116, Indian Council for Research on International Economic Relations, New Delhi, November 2003
  • Blomström, M. and Kokko, A., 2003. "The Economics of foreign direct investment incentives", Working Paper, No. 168, Stockholm School of Economics, Stockholm
  • Chan, K. and Gemayel, E., 2004. "Risk instability and the pattern of foreign direct investment in the Middle East and North Africa region", Working Paper, No.139, IMF
  • Coupet, M. and Mayer, T., 2005. "Institutional determinants of foreign direct investment", CEPII Working Paper, No. 2005-05
  • Graham, J. and Barry, R., 2004. "Understanding foreign direct investment", Citibank International Business Portal
  • Haile, G., Assefa, H., 2006. "Determinants of foreign direct investment in Ethiopia: A time-series analysis", Paper prepared for the 4th International Conference on the Ethiopian Economy, 10-12 June, Addis Ababa, Ethiopia
  • Kearney, A., 2003. FDI Confidence Index, Global Business Policy Council, Vol. 6
  • Lipsey, R., 2001. "Foreign direct investors in three financial crises", NBER Working Paper, No. 8084, National Bureau of Economic Research
  • Lucas, R., 1990. "Why doesn't capital flow from rich to poor countries?", American Economic Review, Vol. 80, No. 2, pp. 92-96
  • Miyamoto, K., 2003. "Human capital formation and foreign direct investment in developing countries", OECD Development Centre, Working Paper Series, No 211, OECD-Development Centre
  • Nonnenberg, M. and Mendonca, M., 2004. "The determinants of direct foreign investment in developing countries", January, Working Paper, Institute of Applied Economic Research
  • Onyeiwu, S. and Shrestha, H., 2004. "The determinants of foreign direct investment in Africa", Journal of Developing Societies, Vol. 20, No.1-2, pp. 89-106
  • Singh, H., and Jun, K., 1995. "Some new evidence on determinants of foreign direct investment in developing countries", World Bank Policy Research Paper, No. 1531, Washington, World Bank
  • UNCTAD, 1996. World Investment Report 1996, Investment, trade and international policy arrangements, New York and Geneva
  • UNCTAD, 2003. World Investment Report 2001, Promoting linkages, New York and Geneva
  • UNCTAD, 2009. World Investment Report 2002, Transnational corporations and export, New York and Geneva
  • Verbeek, M., 2004. A guide to modern econometrics, 2nd ed., Chichester, John Wiley and Sons
  • Zubair, I., 2001. Economic challenges in the Middle East and North Africa: An overview, macroeconomic issues and policies in the Middle East and North Africa, Washington, International Monetary Fund
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171286161

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