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Full-Text Articles in Social and Behavioral Sciences
Determinants Of Foreign Direct Investment To Turkey, Burcak Polat, Cem Payaslıoğlu
Determinants Of Foreign Direct Investment To Turkey, Burcak Polat, Cem Payaslıoğlu
Topics in Middle Eastern and North African Economies
Despite the growing interest in foreign direct investment (FDI), substantial uncertainty still exists regarding what stimulates foreign investors to operate in a foreign market. Besides, previous studies have attributed the determinants of direct investments to locational and firmspecific factors. However, firm-specific and locational factors may vary across industries and their sub-sectors, as proposed by Dunning (1998). Using panel data for the 2007 to 2012 period, the major determinants of foreign investments into the manufacturing subsectors in Turkey are analyzed in this study. Strong evidence is found that turnover indices and new investment incentives introduced in 2009 have a positive impact …
Competition And Economic Growth: An Empirical Analysis With Special Reference To Mena Countries, Marwa W. Gomaa
Competition And Economic Growth: An Empirical Analysis With Special Reference To Mena Countries, Marwa W. Gomaa
Topics in Middle Eastern and North African Economies
The underlying study analyzes the impact of competition on economic growth, and tests whether this impact might change according to the technological gap between the observed country and the technological leader country. Using panel data estimation for a sample of 115 countries over the period 1995-2010, and controlling for the MENA countries in the sample, the results suggest that intensive domestic competition, proxied by business freedom, tends to hinder the growth rate of an economy independent of the country's distance from the technological frontier, providing evidence in support to the Schumpeterian argument. However this effect is almost negligible for MENA …