IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

The effects of FDI on voice and accountability in the MENA region

  • Hassan Gholipour Fereidouni
  • Tajul Ariffin Masron
  • Reza Ekhtiari Amiri

Purpose – Several scholars, policymakers and international development agencies have been suggesting that trade and capital openness would bring better governance, in particular higher level of voice and accountability (VA), for the Middle East and North Africa (MENA) region. The purpose of this paper is to examine the effects of foreign direct investment (FDI) inflows on VA in the MENA region. Design/methodology/approach – Applying two different panel models (fixed-effects and dynamic), this paper uses related observations from 19 MENA countries between 2000 and 2008 to analyze the impacts of FDI inflows on VA. Findings – The results reveal that FDI inflows do not contribute to the higher level of VA in the MENA region. Originality/value – With no previous studies of the linkage between FDI inflows and VA in the MENA region, the paper makes a significant contribution in this regard.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.emeraldinsight.com/journals.htm?issn=0306-8293&volume=38&issue=9&articleid=1941469&show=abstract
Download Restriction: Cannot be freely downloaded

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Emerald Group Publishing in its journal International Journal of Social Economics.

Volume (Year): 38 (2011)
Issue (Month): 9 (August)
Pages: 802-815

as
in new window

Handle: RePEc:eme:ijsepp:v:38:y:2011:i:9:p:802-815
Contact details of provider: Web page: http://www.emeraldinsight.com

Order Information: Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
Web: http://www.emeraldinsight.com/ijse.htm Email:


References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Richard Blundell & Steve Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
  2. Chung-Chu Chuang & Yi-Hsien Wang, 2009. "Developed stock market reaction to political change: a panel data analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 43(6), pages 941-949, November.
  3. Djankov, Simeon & Caralee, McLiesh & Nenova, Tatiana & Shleifer, Andrei, 2003. "Who Owns the Media?," Scholarly Articles 3606236, Harvard University Department of Economics.
  4. Georgy Egorov & Sergei Guriev & Konstantin Sonin, 2006. "Media Freedom, Bureaucratic Incentives, and the Resource Curse," CEDI Discussion Paper Series 06-10, Centre for Economic Development and Institutions(CEDI), Brunel University.
  5. Barry Eichengreen, 2006. "Democracy and Globalization," NBER Working Papers 12450, National Bureau of Economic Research, Inc.
  6. Magda Kandil, 2009. "Determinants of institutional quality and their impact on economic growth in the MENA region," International Journal of Development Issues, Emerald Group Publishing, vol. 8(2), pages 134-167, October.
  7. Busse, Matthias & Hefeker, Carsten, 2007. "Political risk, institutions and foreign direct investment," European Journal of Political Economy, Elsevier, vol. 23(2), pages 397-415, June.
  8. Michael L. Nieswiadomy & Mark C. Strazicich, 2004. "Are Political Freedoms Converging?," Economic Inquiry, Western Economic Association International, vol. 42(2), pages 323-340, April.
  9. Nabamita Dutta & Sanjukta Roy, 2009. "The Impact of Foreign Direct Investment on Press Freedom," Kyklos, Wiley Blackwell, vol. 62(2), pages 239-257, 04.
  10. Dollar, David & Kraay, Aart, 2003. "Institutions, trade, and growth," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 133-162, January.
  11. Kevin K. Tsui, 2011. "More Oil, Less Democracy: Evidence from Worldwide Crude Oil Discoveries," Economic Journal, Royal Economic Society, vol. 121(551), pages 89-115, March.
  12. Looney Robert E, 2005. "Why Has the Middle East Been so Slow to Globalize?," Review of Middle East Economics and Finance, De Gruyter, vol. 3(3), pages 2-31, December.
  13. Klapper, Leora & Delgado, Juan Manuel Quesada, 2009. "The impact of the business environment on the business creation process," Policy Research Working Paper Series 4937, The World Bank.
  14. Shahnawaz Sheikh & Nugent Jeffery B, 2004. "Is Natural Resource Wealth Compatible with Good Governance?," Review of Middle East Economics and Finance, De Gruyter, vol. 2(3), pages 1-33, December.
  15. Almounsor Abdullah, 2008. "Capital Flight Accounting and Welfare Implications in the MENA Region," Review of Middle East Economics and Finance, De Gruyter, vol. 4(2), pages 1-67, April.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:eme:ijsepp:v:38:y:2011:i:9:p:802-815. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.