The study amid at estimated the role FDI on economic development in the Arab countries during the period 1995-
2013, The study used panel data approach in 17 countries: (Jordan, United Arab Emirates, Bahrain, Tunisia,
Algeria, Saudi Arabia, Sudan, Oman, Qatar, Kuwait, Lebanon, Egypt, Djibouti, Mauritania, Morocco, Yemen and
Palestine), by applying three models are: Pooled Regression Model (PRM), Fixed Effects Model (FEM), Random
Effects Model (REM), and the preference among the previous models were used two tests: Lagrange Multiplier
test (LM) to choose between pooled regression model and model effects model, and Haussman test to choose
between the fixed effects model and random effects model.
The study found the most important results, including: the FDI has a negative effect on economic development in
the Arab countries during the period 1995 to 2013. The study also found that imports and exports and gross capital
formation has a positive effect on economic development in the Arab countries during the period 1995- 2013, The
study recommended to reduce the wholly foreign-owned projects ownership of, and encourage the establishment
of joint projects that help local investor to impose control over the foreign investor.
How To Cite This Article
Bader Shahda Said hamdan
دور الاستثمار الأجنبي المباشر في التنمية الاقتصادية في الدول العربية, منهج بيانات البانل
Global Journal of economic and Business Vol 1 (1) 53-66