Economic Growth in Middle-Income Countries: The Role of Political Stability and Foreign Direct Investment (Record no. 134634)

MARC details
000 -LEADER
fixed length control field 01809nas a2200229Ia 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 241128c99999999xx |||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 2364-1045
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Chebli, Mongi
9 (RLIN) 123936
245 #0 - TITLE STATEMENT
Title Economic Growth in Middle-Income Countries: The Role of Political Stability and Foreign Direct Investment
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Journal of Quantitative Economics
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 641-665
520 ## - SUMMARY, ETC.
Abstract In this article, we investigate the interrelationships between political stability, corruption, and public governance, in association with foreign direct investment (FDI) and Gross Fixed Capital formation (GFCF), and economic growth (GDP) for a global panel of 46 middle-income countries over the period 1996–2016. A multivariate panel model was employed to evaluate the long-run relationship and the panel Granger causality tests was used to judge the causality direction among different variables. The obtained results reveal that political instability in these countries affect clearly the positive relationship between FDI, GFCF and economic growth. The empirical results from the Granger causality test reveal a bidirectional causality relationship between the FDI, GFCF and GDP in presence of political factors and corruption. Moreover, our empirical findings confirm the existence of unidirectional causality running from GDP, FDI and GFC to corruption, from Government Effectiveness to FDI and GFCF. The policy implications of these results are also proposed and discussed.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element FDI
9 (RLIN) 79665
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element GFC
9 (RLIN) 123937
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Income Countries
9 (RLIN) 123938
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Political Stability
9 (RLIN) 28136
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Public Governance
9 (RLIN) 73993
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economic Growth
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Saidi, Kais
9 (RLIN) 123939
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://doi.org/10.1007/s40953-024-00394-x">https://doi.org/10.1007/s40953-024-00394-x</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134634
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        Dr VKRV Rao Library Dr VKRV Rao Library 28/11/2024 Vol. 22, No. 3   AI892 28/11/2024 28/11/2024 Article Index