Roholla Mahdavi, Dr Esfandiar Jahangard, Dr Mahmood Khataei,
Volume 1, Issue 2 (12-2010)
Abstract
The foreign direct investment is one of the economic variables that can positively affect the economic growth, but according to some researches this does not apply to some countries. These researches implicate that this lack of positive effect is due to domestic qualification of the home country. One of the essential qualifications for positive effectiveness of foreign direct investment on the economic growth is the existence of developed financial market. Therefore, in this research we intend to examine the role of financial market in the effectiveness of foreign direct investment on the economic growth. To do this we made use of the data from 57 countries in the period 1990-2005 and the econometric technique of panel data. The results show that in developed countries because of their financial market, the effect of foreign direct investment on economic growth is positive and significant whereas in developing countries this effect is not significant.
, Sakine Owjimehr, Ali Hussein Samadi, Parviz Rostamzadeh,
Volume 14, Issue 51 (5-2023)
Abstract
In this study, considering the characteristics of complex networks such as dynamics and comprehensiveness in analyzing the behaviors of countries, the global network of foreign investment inflows consisting of 248 countries and trade territories in the years 2009 to 2022 was constructed, and network indicators including degree, closeness centrality, betweenness centrality, PageRank, hub, and authority were calculated. Then, the functional position of the top-performing countries based on the intensity and level of the obtained network indicators was analyzed and compared annually. The results obtained during the study period showed improvement in the degree, betweenness, and PageRank indices, which respectively indicate the number and diversity of communications, the share of information control among countries, and countries' efforts to use the influence of neighbors to reach polar and influential countries. The effect of increasing closeness centrality, which indicates the level of independence, on the main countries in the effective network has improved. Therefore, it is recommended that if countries seek to increase foreign direct investment inflows, they should plan in such a way that their network indicators, resulting from increased interactions and communications, are improved.
