The Effect of Foreign Direct Investment on Economic Growth

Document Type: Original Research


1 Department of Economics, Tabriz Branch, Islamic Azad University, Tabriz, Iran

2 Department of Economics, College of Management, Economics and Accounting, Tabriz Branch, Islamic Azad University, Tabriz, Iran


This study examines the causal relationship between FDI and economic growth in selected MENA countries in the period 2005-2010. The results show that FDI has positive and significant effect on economic growth, so that an increase of 1 percent of its value, growth, 0.03 percent increased.


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