期刊名称：Topics in Middle Eastern and North African Economies
出版年度：2014
卷号：16
期号：1
页码：85
出版社：Loyola University Chicago
摘要：Foreign direct investment (FDI) is a crucial ingredient of the global economy. In the Persian Gulf, FDI is a major source of economic growth, employment, technology, and productivity. Because of these benefits, attracting FDI in the Persian Gulf region has become a key element of strategies promoting economic development. Natural resources and environmental policy in host countries may affect the FDI-economic growth relationship.There has been much dispute as to whether economies that are open and those with more natural capital and lax environmental policy grow faster. This paper examines whether natural resources and environmental policy in Persian Gulf countries alter the relationship between FDI and Persian Gulf’s economics growth. We estimate a linear dynamic panel-data model using data from Persian Gulf countries over the period 1980–2012.The results show that the impact of arable land, forest area and the interaction between FDI and environmental policy on economic growth is negative, but renewable internal freshwater resources flows, mineral depletion and energy use have a positive effect
关键词：Foreign direct investment (FDI); Economics Growth; Natural Resources; Persian Gulf Region.
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