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Foreign direct investments: An antidote for hydrocarbon dependency in the Gulf Cooperation Council?
Södertörn University, School of Social Sciences, Economics.
2017 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The most essential questions in economics is what determines economic growth? In theory FDI led to economic growth (Mello 1997), but empirical evidences indicate that the relationship is ambiguous (Masahiro & Iwasaki 2014). This thesis uses contemporary growth theories and econometric methods to empirically test for the association between foreign direct investment and economic growth in the six countries that form the Gulf Cooperation Council (GCC). The analysis indicates a positive relationship concerning FDI and GDP growth in the panel of GCC. The result furthermore supports the endogenous growth theory and provide insights on the regions progress towards income diversification whit respect to hydrocarbons.

Place, publisher, year, edition, pages
2017. , 33 p.
Keyword [en]
Economic Growth, Growth, FDI, Foreign Direct Investment, Gulf Cooperation Council, GCC, Value added tax, Commodities.
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-32740OAI: oai:DiVA.org:sh-32740DiVA: diva2:1107085
Subject / course
Economics
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2017-06-09 Created: 2017-06-08 Last updated: 2017-06-09Bibliographically approved

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Type fulltextMimetype application/pdf

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf