Political stability and economic determinants of FDI flow in Gulf Cooperation Council (GCC) economies
Bibliographic Data
| ID | 6449067 |
|---|---|
| Authors | Mahmood Alhamran (Universiti Teknologi Malaysia Faculty of Management), Nanthakumar Loganathan (0000-0002-3221-6629, Universiti Teknologi Malaysia Faculty of Management), Tirta Nugraha Mursitama (0000-0002-0230-8864, Bina Nusantara University International Relations Department, Faculty of Humanities), Neha Sethi (0000-0003-4298-4928, National Institute of Technology Rourkela Department of Humanities and Social Sciences) |
| Year | 2025 |
| Volume | 10 |
| Issue | 5 |
| Pages | 397-411 |
| Publication date | 2025-05-09 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Seikei ronsō/Review of economics and political science (JOURNAL) |
| Journal identifiers | ISSN: 0387-3285 • E-ISSN: 2631-3561 |
| Publisher | Emerald (PUBLISHER) |
| DOI | 10.1108/reps-02-2023-0013 |
| OpenAlex | W4410219911 |
| Language | EN |
| Citations received | 1 |
| References cited | 45 |
Purpose The impact of political stability and economic growth on foreign direct investment (FDI) is analysed using a quantitative regression approach in countries of the Gulf Cooperation Council (GCC). Design/methodology/approach The study used panel data covering the period 1995–2020, involving six GCC countries, and applied quantile panel estimates to determine the relationships between the variables employed in this study. Findings The findings indicate that trade openness is more dominant and has a positive influence on FDI inflows. Economic growth, financial stability and political stability have a detrimental effect on FDI flows for GCC countries. Furthermore, this research demonstrates that political stability has played a more significant role in FDI flows for GCC countries over the past thirty years. Originality/value The empirical findings of quantile estimates offer valuable insights for macroeconomic policymakers in aligning future FDI inflows to GCC countries with uncertainty of global economic conditions, trade barriers and political barriers. Inflows of inward FDI allow GCC countries to establish bilateral trade with expanding economic blocks and regions that engage in free trade and FDI inflows
Economics · Economy · Foreign direct investment · International economics · International trade · Macroeconomics · Political science · Political stability · Politics · Economic Growth and Development · International Business and FDI · Natural Resources and Economic Development
A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test
An Analysis of Variance Test for Normality (Complete Samples)
Testing slope homogeneity in large panels
Macroeconomic effects of global shocks in the GCC
Institutional quality and inward FDI
The rise of GCC ‐East Asian trade
General diagnostic tests for cross-sectional dependence in panels
Time-varying character for short-term capital flow from the interest rate aspect in China
Firm-specific determinants of FDI from GCC to Mena countries
Polity Iv, 1800-1999
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |