Access the full text.
Sign up today, get DeepDyve free for 14 days.
References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.
In this study, the researchers aimed to investigate the effect of the foreign direct investment (FDI) on Libya's economic growth. The study has also investigated the effect of the financial development and the institutional quality on the FDI inflow in the country. This paper used the auto-regressive distributed lag (ARDL) bound test approach for determining the time-series data in the period ranging between 1981 and 2013. The results showed that the FDI positively affected the economic growth in Libya and possessed a non-linear relationship (i.e., threshold effect) with the country's economic growth. With regards to the FDI determinants, the researchers observed that the financial development positively affected the FDI in the Libyan economy. On the other hand, institutional quality did not significantly affect the FDI. Hence, the results showed that the financial development is the main determinant of the FDI inflow, whereas the institutional quality does not affect the FDI inflow within the country.
International Journal of Trade and Global Markets – Inderscience Publishers
Published: Jan 1, 2022
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.