Foreign direct investment, capital accumulation and economic growth in the Maghrib: empirical findings and implications for regional integration and political stability
This article uses an empirical growth model to test for the hypotheses that Foreign Direct Investment (FDI) is crucial to Maghrib long-term economic survival, and that the magnitude of the impact of this investment depends on its interaction with the stock of human capital available to the region. U...
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Published in | The journal of North African studies Vol. 8; no. 2; pp. 75 - 91 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Taylor & Francis Group
01.07.2003
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Subjects | |
Online Access | Get full text |
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Summary: | This article uses an empirical growth model to test for the hypotheses that Foreign Direct Investment (FDI) is crucial to Maghrib long-term economic survival, and that the magnitude of the impact of this investment depends on its interaction with the stock of human capital available to the region. Using data on capital accumulation and economic growth for the period 1972-96 for three AMU (Arab Maghrib Union) countries, Algeria, Morocco and Tunisia taken as one, the findings reinforce such arguments in favour of FDI with important implications for Maghrib-EU economic integration and political stability in the AMU. |
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Bibliography: | ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 ObjectType-Article-1 ObjectType-Feature-2 |
ISSN: | 1362-9387 1743-9345 |
DOI: | 10.1080/13629380308718508 |