Global Journal of Economics and Business

Volume 8 - Issue 1 (1) | PP: 1 - 14 Language : العربية
DOI : https://doi.org/10.31559/GJEB2020.8.1.1
183
48

Analysis of the relationship between foreign direct investment and economic development: The case of the upper-middle-income developing economies

Khaled M. Al-Sawai'e
Received Date Revised Date Accepted Date Publication Date
4/11/2019 3/12/2019 28/12/2019 8/3/2020
Abstract
This study aims to analyze the relationship between foreign direct investment and economic development of the upper-middle-income developing economies from 1970 to 2016. The dynamic Panel data model were used; the results confirmed a short- and long-term causal relationship between the two variables in both directions. The positive impact of foreign direct investment on the economic development of this group has been demonstrated.


How To Cite This Article
Al-Sawai'e , K. M. (2020). Analysis of the relationship between foreign direct investment and economic development: The case of the upper-middle-income developing economies . Global Journal of Economics and Business, 8 (1), 1-14, https://doi.org/10.31559/GJEB2020.8.1.1

Copyright © 2022, This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.