The Effective Elements on Foreign Direct Investment Current
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2014, Vol 8, Issue 6
Abstract
In this research the effective elements on the foreign direct investment current (case study of the selected countries) has been studied. For this purpose, it has been used the panel data from 1995 to 2010 in three groups of countries with high income (Australia, Canada, Denmark, Italy, Norway, Russia, Saudi Arabia, Trinidad and Tobago, England and America), with middling income (Aljazeera, China, Colombia, Ecuador, Gabon, Iran, Malaysia, Thailand, Tunisia, and Venezuela) and with low income (Cameron, Congo, Egypt, India, Indonesia, Nigeria, Sudan, Syria, North African and Yemen). The results of research by the GMM Method indicates the positive relationship between the variables of trade freedom, financial freedom, free from corruption and tax freedom and foreign direct investment in all of three groups of selected countries and also the negative relationship between government and foreign direct investment in all of the selected groups.
Authors and Affiliations
Abbasali Abounoori| faculty member of accounting and economic faculty, Azad University, Tehran Markaz branch., Monizheh Hadinejad| faculty member of accounting and economic faculty, Azad University, Tehran Markaz branch., Hossein Nasrollahi| MA in economic science.
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