volume 23, issue 2, P148-166 2015
DOI: 10.1108/mbr-07-2014-0034
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Ritab Al-Khouri

Abstract: Purpose -This study aims to examine the factors affecting the foreign direct investment (FDI) and foreign portfolio investment (FPI) flows among the 16 economies comprising the Middle East and North African (MENA) region. Design/methodology/approach -Panel data for the period 1984-2012 are used, and the generalized method of moment (GMM) technique is implemented. Findings -The results support the agglomeration effect, which indicates that countries which have already had FDI attract more FDI in the future. Ec…

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