TITLE:
An Examination of Impact of Regulation Efficiency on Foreign Direct Investment: The Role of Institutional Quality in MENA Region from (2000-2020)
AUTHORS:
Mohamed Amin, Ashraf Salah El-Din, Marwa El Sherif
KEYWORDS:
FDI, Regulation Efficiency, MENA Region, Institutional Quality, Generalized Least Square
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.12 No.8,
August
23,
2024
ABSTRACT: This study aims to examine the impact of regulation efficiency indicators on FDI considering the moderating effect of institutional quality in 15 countries from MENA Region from 2000 to 2020. This study used Dynamic Generalized Least Square as econometric approach to test whether regulation efficiency have a significant impact on FDI. The study findings showed that mixed results as strength of accounting and auditing, intellectual property protection and property right a negative and significant impact on FDI, while incidence of corruption and conflict of interest have positive but insignificant impact on FDI. Finally, government ensuring policy has a positive and significant impact on FDI. Consequently, the study recommends that policymakers and governments should devote their efforts toward formulating laws and procedures that contribute to enhancing the regulation environment to attract FDI.