Determinant of FDI Inflows in OIC Countries
This study aims to analyze the determinants of foreign direct investment (FDI) in the Organization of Islamic Cooperation (OIC) country members for the period 2005 to 2018 The determinant variables of FDI are corruption, political stability and macroeconomic variables such as inflation, exchange rat...
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Universitas Muhammadiyah Yogyakarta
2021-01-01
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Series: | International Journal of Islamic Economics and Finance |
Online Access: | https://journal.umy.ac.id/index.php/ijief/article/view/9473 |
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doaj-615931cf3f9442048bc8b61c3442a45a2021-09-21T13:50:48ZengUniversitas Muhammadiyah YogyakartaInternational Journal of Islamic Economics and Finance2622-35622622-43722021-01-0141315010.18196/ijief.v4i1.94734730Determinant of FDI Inflows in OIC CountriesTania Megasari0Samsubar Saleh1Gadjah Mada UniversityGadjah Mada UniversityThis study aims to analyze the determinants of foreign direct investment (FDI) in the Organization of Islamic Cooperation (OIC) country members for the period 2005 to 2018 The determinant variables of FDI are corruption, political stability and macroeconomic variables such as inflation, exchange rates, economic growth, and trade openness. Analysis used in the study is the fixed effect model (FEM) of the OIC data panel. The results showed that economic growth and trade openness had a significant influence on foreign direct investment (FDI), while the effects of corruption, political stability, inflation and the exchange rate have no significant effect on foreign direct investment (FDI).https://journal.umy.ac.id/index.php/ijief/article/view/9473 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Tania Megasari Samsubar Saleh |
spellingShingle |
Tania Megasari Samsubar Saleh Determinant of FDI Inflows in OIC Countries International Journal of Islamic Economics and Finance |
author_facet |
Tania Megasari Samsubar Saleh |
author_sort |
Tania Megasari |
title |
Determinant of FDI Inflows in OIC Countries |
title_short |
Determinant of FDI Inflows in OIC Countries |
title_full |
Determinant of FDI Inflows in OIC Countries |
title_fullStr |
Determinant of FDI Inflows in OIC Countries |
title_full_unstemmed |
Determinant of FDI Inflows in OIC Countries |
title_sort |
determinant of fdi inflows in oic countries |
publisher |
Universitas Muhammadiyah Yogyakarta |
series |
International Journal of Islamic Economics and Finance |
issn |
2622-3562 2622-4372 |
publishDate |
2021-01-01 |
description |
This study aims to analyze the determinants of foreign direct investment (FDI) in the Organization of Islamic Cooperation (OIC) country members for the period 2005 to 2018 The determinant variables of FDI are corruption, political stability and macroeconomic variables such as inflation, exchange rates, economic growth, and trade openness. Analysis used in the study is the fixed effect model (FEM) of the OIC data panel.
The results showed that economic growth and trade openness had a significant influence on foreign direct investment (FDI), while the effects of corruption, political stability, inflation and the exchange rate have no significant effect on foreign direct investment (FDI). |
url |
https://journal.umy.ac.id/index.php/ijief/article/view/9473 |
work_keys_str_mv |
AT taniamegasari determinantoffdiinflowsinoiccountries AT samsubarsaleh determinantoffdiinflowsinoiccountries |
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1717372862651695104 |