Quality of institutions and integration in the world economy: Applied study on Egypt (p.69-96) |
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by |
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Amany Fakher, Helwan University, Cairo, Egypt |
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Keywords : Quality of institutions, Governance, Corruption, Openness, Foreign Direct Investment, Trade |
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JEL classification : Q3, Q4 |
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Abstract |
The paper investigates the role of quality of institutions on FDI and trade in Egypt during the period 1995-2010. The empirical analysis shows that quality of institutions has a positive and significant effect on trade flows and FDI. These results support the hypothesis that institutional variation is an important determinant of trade and FDI and might help to explain welfare effects following an increase in trade openness and FDI. |
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