Determinants of Foreign Direct Investment in Cyprus

Bagher ASGARNEZHAD Nouri () and Milad Soltani ()

Journal of Advanced Research in Law and Economics, 2016, vol. 7, issue 2, 341-352

Abstract: Foreign direct investment FDI is considered one of the main causes of economic development and growth in host countries and it has followed an increasing trend over recent decades Identifying the factors instrumental in attracting foreign direct investment policy in various countries especially in developing countries which have failed to make good use of this factor can be useful The present study was an attempt to investigate factors influencing FDI in Cyprus as one of the developing countries in Europe The data were collected during 1995 2015 period The hypotheses were estimated using the vector error correction model The results demonstrated that rate of capital return degree of economic openness liquidity tax rate market size infrastructure human capital and economic growth rate have a significant effect on foreign direct investment in Cyprus However other independent variables i e government expenditure inflation rate and exchange rate do not have a significant effect on foreign direct investment

Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:srs:jarle0:v:7:y:2016:i:2:p:341-352

Access Statistics for this article

Journal of Advanced Research in Law and Economics is currently edited by Madalina Constantinescu

More articles in Journal of Advanced Research in Law and Economics from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).