This study examines the statistical properties required to model the dynamics of both the returns and volatility series of the daily stock market returns in six Gulf Cooperation Council countries, namely Bahrain, Oman, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates, under different...

This paper examines the relationship between Foreign Direct Investment (FDI) and per capita Gross Domestic Product (GDP) in the Middle East and North Africa (MENA) region for the period 1985-2009. The empirical evidence is based on an endoeneity-robust Generalised Method of Moments. Results show...

Diversifying income sources is one of the main challenges the GCC countries currently face. FDI can be beneficial in this regard. FDI can help the GCC countries gain access to technology, adopt innovation in the production process, obtain new expertise and managerial know-how, and expand...

In the current study, we attempt to develop a model on how institutional quality aids economic growth convergence and FDI inflow in GCC countries using panel dataset spanning 1996 to 2016. We estimate growth convergence by deviating GDP growth rate of individual economy from its group average,...

This paper examines the relationship between Foreign Direct Investment (FDI) and per capita Gross Domestic Product (GDP) in the Middle East and North Africa (MENA) region for the period 1985-2009. The empirical evidence is based on an endoeneity-robust Generalised Method of Moments. Results show...

This study examines the impact of foreign direct investment (FDI) on privately owned domestic firms in the Gulf oil producing countries. It provides its analysis through an examination of the role of FDI in sustainable economic development and the extent to which the interaction between FDI and...

The rationale for increasingly contracting BITs by the GCC countries is controversial. This paper empirically examines the short-term and long-term impact of contracting BITs with countries of different income levels on FDI stock. The paper uses panel data for the period 1980-2002 and adopts a...