نوع مقاله : مقالات پژوهشی

نویسندگان

چکیده

چکیده
هدف اصلی مطالعه حاضر بررسی اثرات شوک های حاصل از متغیّرهای تولید ناخالص داخلی، درجه باز بودن تجاری و میزان حوادث تروریستی بر جذب سرمایه گذاری مستقیم خارجی در کشورهای منتخب منطقه خاورمیانه و شمال آفریقا (منا) در قالب مدل Panel VAR است. دوره زمانی مطالعه از سال 1970 تا 2012 را شامل بوده و برآورد مدل تحقیق (Panel VAR) با استفاده از روش گشتاورهای تعمیم‌یافته (GMM) انجام‌گرفته است. نتایج حاصل از برآورد مدل و بررسی روابط متقابل متغیرهای تحقیق در قالب توابع عکس العمل آنی و تجزیه واریانس، بیانگر این است که طی دوره موردمطالعه، شوک های تروریسم دارای اثر منفی بر جذب سرمایه‌گذاری مستقیم خارجی است. در مقابل، شوک-های ناشی از تولید ناخالص داخلی و درجه باز بودن تجاری، دارای تأثیر مثبت بر جذب سرمایه گذاری مستقیم خارجی بوده اند.

کلید واژه ها: سرمایه گذاری مستقیم خارجی، تروریسم، ریسک سیاسی، منطقه منا.
طبقه‌بندی JEL : F21, G18, G32

کلیدواژه‌ها

عنوان مقاله [English]

The Effect of Terrorism Shocks on Foreign Direct Investment in the Middle East and North Africa Countries

نویسندگان [English]

  • Behzad Salmani
  • Hossein Panahi
  • Azra Jamshidi

چکیده [English]

Abstract
The main focus of this study is to examine empirically the impulse response functions of inward Foreign Direct Investment to the shocks of Terrorism on 13 selected MENA countries from 1970 to 2012 by using Panel VAR method. Findings show that Terrorism shocks have negative impact on Foreign Direct Investment in selected countries. Adversely the results emphasizes that the impact of GDP per capita and openness shocks on Foreign Direct Investment is positive.

Key words: Foreign Direct Investment, Terrorism, Political Risk, Middle East and North Africa

JEL Classification: F21, G18, G32

کلیدواژه‌ها [English]

  • foreign direct investment
  • Terrorism
  • Political Risk
  • Middle East and North Africa
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