The economic impacts of foreign direct investment in oil and gas sector: A CGE analysis for iranian economy

Nejati, Mehdi; Bahmani, Mojtaba

doi:10.1016/j.esr.2020.100579

Cited by 14 publications

(8 citation statements)

References 72 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…FDI can not only increase the capital supply in the host country, but also increase the productivity of domestic firms through knowledge transfer (Nejati and Bahmani, 2020). In addition, as a result of the study, a bilateral causality relationship was found between foreign investments and the revenues from the total oil and gas sector.…”

Section: Discussionmentioning

confidence: 67%

“…A study by Nejati and Bahmani (2020) tried to examine the effects of FDI in the oil and gas sector on the Iranian economy using a regional CGE model. As a result of the study, it has been shown that if FDI does not lead to productivity spillover, it causes Dutch disease in Iranian economy.…”

Section: Foreign Investment and Oil-gas Sectormentioning

confidence: 99%

“…FDI not only plays a vital role in the development of an industry, but also significantly influences macro and micro levels (Nejati and Bahmani, 2020). The influx of foreign direct investment can have direct effects such as increasing the capital stock, providing access to modern technology, improving employment, stimulating production and tax revenues, increasing the foreign exchange supply and increasing exports in the host country (Blomstrom et al, 2000;Anwar and Nguyen, 2010).…”

Section: Introductionmentioning

confidence: 99%

“…According to UNCTAD's annual report for 2018, the ratio of global FDI stock to GDP increased from 9.58% to 39.24% in the period 1990-2017. This rate increased from 9.32% to 43.79% in developed countries and from 12.86% to 32.58% in developing countries (Nejati and Bahmani, 2020). With all this, industry is driven by energy production, which provides the vital functions of the state and at the same time guarantees its security and independence.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Causality Relationship between the Development of the Oil and Gas Sector and Foreign Investments

Huseynli

2023

IJEEP

View full text Add to dashboard Cite

In this study on Azerbaijan, which is dependent on oil, the causality relationship between economic growth, foreign investments, total capital increases in the country and oil and gas sector revenues have been examined. As a result of the analysis made using the Granger method, a row of causality relationships was obtained. The data used in the analysis were obtained from the World Bank, an important data disclosure platform. The result of the analysis made for a period from 2000 to 2020 shows the importance of the oil and gas sector in attracting foreign investments in this country. As a result of the study, a bidirectional causality relationship was obtained between economic growth and foreign investments in Azerbaijan. In other words, while attracting foreign investments to the country supports economic growth, the realization of economic growth at the same time shows its own effect on the growth of the country's economy. Namely, these variables become the Granger causality of each other. Bilateral causality relationship has also been determined between foreign investments and the incomes obtained from the total oil and gas sector. At the same time, the development of this sector makes the country more attractive for foreign investors. Increases in revenues in the oil and gas sector also have an impact on the overall capital increase in the country. In other words, this variable is the Granger cause of capital increases.

show abstract

Section: Discussionmentioning

confidence: 67%

Section: Foreign Investment and Oil-gas Sectormentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Causality Relationship between the Development of the Oil and Gas Sector and Foreign Investments

Huseynli

2023

IJEEP

View full text Add to dashboard Cite

show abstract

“…For the case in Indonesia, the government can implement a Special Economic Zone program to accommodate companies that will invest so that they can absorb workers after the production facilities are completed. In addition, according to Giofré, (2021) and Nejati & Bahmani,( 2020) if a small portion of FDI is invested, it will provide at the macro level. And if these funds are spent on things like investments that focus on human capital then the factors of production really drive the economy in the long run.…”

Section: Resultsmentioning

confidence: 99%

Business Capital Funding Through the Financial Sector to Reduce Unemployment in Indonesia

Kusuma

Muthmainnah

2022

JEP

View full text Add to dashboard Cite

This research aimed to study the role of the financial sector and foreign investment in increasing domestic production output. Where the increase in production output will increase the factors of production, one of which is labor. The data used in this study are annual time series data from the 2004 to 2021, and this study employed the Error Correction Model (ECM) approach to estimate the short-term effect and OLS to determine the long-term effect. The results showed that funding growth through the financial sector to the industrial sector in Indonesia has grown consistently since 2004 which has continued to encourage improved economic performance after the 1998 crisis. There is also a relationship between financial variables and fiscal policy on unemployment in both the short and long term. There are several ways to deal with unemployment both in the long term and in the short term, such as when an economic slowdown occurs. By increasing FDI, bank credit and funding in the the capital market, the private sector can continue to expand its business. This private expansion phase will increase the output of goods or services. With the increase in production output, employment will continue to be positive.

show abstract

Application of Digital Twins for Digital Transformation of Oil and Gas Enterprises

Levina

Kalyazina

Levaniuk

et al. 2023

Lecture Notes on Data Engineering and Communications Technologies

View full text Add to dashboard Cite

The economic impacts of foreign direct investment in oil and gas sector: A CGE analysis for iranian economy

Cited by 14 publications

References 72 publications

Causality Relationship between the Development of the Oil and Gas Sector and Foreign Investments

Causality Relationship between the Development of the Oil and Gas Sector and Foreign Investments

Business Capital Funding Through the Financial Sector to Reduce Unemployment in Indonesia

Application of Digital Twins for Digital Transformation of Oil and Gas Enterprises

Contact Info

Product

Resources

About