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Political Stability and FDI in OIC Countries

Author

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  • Ahmad Jafari Samimi
  • Maryam Monfared
  • Reza Moghaddasi
  • Khosro Azizi

Abstract

The purpose of the present paper is to investigate the impact of Political stability on foreign direct investment (FDI) revenues in Organization of Islamic Conference (OIC) countries. To do so, we have concentrated on a sample of 16 countries for which the necessary data were available for the period 2002-2009. We have used a panel data regression analysis. Our empirical results indicate that Population, openness and gross domestic product (GDP) have positive impact on FDI, whereas Political Stability has a detrimental effect on FDI in OIC countries.

Suggested Citation

  • Ahmad Jafari Samimi & Maryam Monfared & Reza Moghaddasi & Khosro Azizi, 2011. "Political Stability and FDI in OIC Countries," Journal of Social and Development Sciences, AMH International, vol. 1(1), pages 18-23, February.
  • Handle: RePEc:rnd:arjsds:v:1:y:2011:i:1:id:3937
    DOI: 10.22610/jsds.v1i1.624
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