Modeling the Impact of Corruption, Degree of Freedom to Invest and Democracy on Domestic Investment: Evidence from MENA Countries

Sayef Bakari; Lamia Benzid

doi:10.29358/sceco.v0i33.486

Modeling the Impact of Corruption, Degree of Freedom to Invest and Democracy on Domestic Investment: Evidence from MENA Countries

Authors

Sayef Bakari Faculty of Economics Sciences and Management of Tunis, Tunisia.
Lamia Benzid LAMIDED Laboratory, University of Sousse, Sousse, Tunisia

DOI:

https://doi.org/10.29358/sceco.v0i33.486

Keywords:

corruption, investments, governance, investment freedom

Abstract

This study examines the impact of corruption, investment freedom, and democracy on domestic investment in countries in the Middle East and North Africa. In order to achieve this, the GMM model was used to test the annual data from 2011 to 2017. The empirical results show that corruption has a negative impact on domestic investment, but the degree of investment freedom and democracy have a positive impact on domestic investment. One of the major contributions of this work is to assert the requirement to wheel more awareness to the direct link between corruption, governance, investment freedom, and domestic investment.

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Published

01.07.2021

Issue

No. 33 (2021)

Section

Articles

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How to Cite

Bakari, S., & Benzid, L. (2021). Modeling the Impact of Corruption, Degree of Freedom to Invest and Democracy on Domestic Investment: Evidence from MENA Countries. Studies and Scientific Researches. Economics Edition, 33. https://doi.org/10.29358/sceco.v0i33.486