عناصر مشابهة
Understanding the Behavior of FDI and its Role in Capital Formation in Egypt
| المصدر: | مجلة كلية التجارة للبحوث العلمية |
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| الناشر: |
جامعة أسيوط - كلية التجارة
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| المؤلف الرئيسي: | |
| المجلد/العدد: | ع56 |
| محكمة: | نعم |
| الدولة: | مصر |
| التاريخ الميلادي: | 2014 |
| الصفحات: | 375 - 402 |
| رقم MD: | 760367 |
| نوع المحتوى: | بحوث ومقالات |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
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| المستخلص: | This paper attempts to fill the gap in the current literature that deals with FDI in Egypt. The purpose of this paper is twofold: to introduce a new classification of FDI episodes in Egypt during the period from 1970 to 2012 and to examine the impact of FDI on capital formation in Egypt during the same period. The findings of this paper can be summarized as follows. (1) Out of the eighteen speed up episodes of FDI, seven episodes were identified as surges. FDI’s surge episodes were found to be associated with major economic reforms. (2) Out of the thirteen slow down episodes of FDI, five episodes were identified as stops. FDFs stop episodes were found to be associated with political turbulences in Egypt and/or in the region. (3) Over the period from 1977 to 2012, FDI was found to have insignificant impacts on gross capital formation in Egypt. However, when I dropped out the period that witnessed large surges in FDI inflows to Egypt for purchasing the privatized public firms and estimated the model over the period from 1977 to 2002, FDI inflows were found to have a positive and significant impact on gross capital formation. . |
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