The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries
Political instability as one the domestic factors has the nearest interaction with the concept of economic security in influencing on production factors. In developing countries, uncertainty is created in an unstable political environment and violent behavior atmosphere. It results in reduction in t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
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Tarbiat Modares University
2015-01-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-6837-en.pdf |
| _version_ | 1797803160881856512 |
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| author | Hossein Panahi Parviz Mohammadzadeh Azra Jamshidi |
| author_facet | Hossein Panahi Parviz Mohammadzadeh Azra Jamshidi |
| author_sort | Hossein Panahi |
| collection | DOAJ |
| description | Political instability as one the domestic factors has the nearest interaction with the concept of economic security in influencing on production factors. In developing countries, uncertainty is created in an unstable political environment and violent behavior atmosphere. It results in reduction in the investment levels, failure in attracting foreign capital, and capital flight. Terrorism is one of the important political risk indicators. This study examines the effect of terrorism on inward foreign direct investment (FDI) in the Middle East region. The statistical sample includes Iran, Bahrain, Egypt, Kuwait, Saudi Arabia, Syria, Jordan, and Turkey over the period 1970-2008. Using panel data method, findings show that Terrorism has negative impact on FDI in selected countries. Adversely, GDP and Openness degree have positive impact on FDI. |
| first_indexed | 2024-03-13T05:16:41Z |
| format | Article |
| id | doaj.art-ec794204044440248156a454028f91e7 |
| institution | Directory Open Access Journal |
| issn | 1735-6768 2980-7832 |
| language | fas |
| last_indexed | 2024-03-13T05:16:41Z |
| publishDate | 2015-01-01 |
| publisher | Tarbiat Modares University |
| record_format | Article |
| series | پژوهشهای اقتصادی |
| spelling | doaj.art-ec794204044440248156a454028f91e72023-06-15T20:41:17ZfasTarbiat Modares Universityپژوهشهای اقتصادی1735-67682980-78322015-01-01144149175The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East CountriesHossein Panahi0Parviz Mohammadzadeh1Azra Jamshidi2 Lecturrer in Economics The University of Tabriz Associate Professor, Department of Economics, University of Tabriz Ph.D. Student of Economics, University of Tabriz Political instability as one the domestic factors has the nearest interaction with the concept of economic security in influencing on production factors. In developing countries, uncertainty is created in an unstable political environment and violent behavior atmosphere. It results in reduction in the investment levels, failure in attracting foreign capital, and capital flight. Terrorism is one of the important political risk indicators. This study examines the effect of terrorism on inward foreign direct investment (FDI) in the Middle East region. The statistical sample includes Iran, Bahrain, Egypt, Kuwait, Saudi Arabia, Syria, Jordan, and Turkey over the period 1970-2008. Using panel data method, findings show that Terrorism has negative impact on FDI in selected countries. Adversely, GDP and Openness degree have positive impact on FDI.http://ecor.modares.ac.ir/article-18-6837-en.pdfforeign direct investmentterrorismpolitical riskmiddle east |
| spellingShingle | Hossein Panahi Parviz Mohammadzadeh Azra Jamshidi The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries پژوهشهای اقتصادی foreign direct investment terrorism political risk middle east |
| title | The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries |
| title_full | The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries |
| title_fullStr | The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries |
| title_full_unstemmed | The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries |
| title_short | The Effect of Terrorism on Foreign Direct Investment in the Selected Middle East Countries |
| title_sort | effect of terrorism on foreign direct investment in the selected middle east countries |
| topic | foreign direct investment terrorism political risk middle east |
| url | http://ecor.modares.ac.ir/article-18-6837-en.pdf |
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