期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2018
卷号：8
期号：4
页码：147-151
语种：English
出版社：EconJournals
摘要：Foreign Direct Investment (FDI) inflows are targeted by every country to give external support to the economy and to fill saving-investment gap as well. This paper highlights the contributing factors of FDI inflows in Saudi Arabia by using annual data of 1970-2015 and by applying Auto-Regressive Distributive Lag (ARDL) cointegration methodology. This paper finds that Oil Price (OP) and Financial Market Development (FMD) are positively affecting to the FDI inflows. But, increasing Domestic Investment (DI) is found responsible for decreasing FDI inflows. Therefore, domestic investment can be considered as substitute for FDI inflows. This research recommends the Saudi government to promote FMD to support FDI inflows in Saudi Arabia and to diversify from oil dependence.
