المؤلفون
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الملخص
Theoretical studies have often suggested that human capital has a positive effect on attracting and accumulating foreign direct investment. However, many applied research did not support the positive or significant impact of this effect, not to mention the fact that some of them revealed an opposite trend in causation. The reasons for this were attributed to several factors related to the size of the sample and the number of countries included in it, the nature of the variables employed in the analysis, the accuracy of the data used and the method of measurement adopted. This research involved 113 countries, covered a period of time over 30 years, employed more than 50 variables in different formats, followed the method of panel data, and presented the econometric results of Fixed Effect method, Random Effect and System Generalized Method of Moments. Thus avoiding most of the causes of failure in previous research.The results of this research came in agreement with economic theory. The human capital variable emerged as a major and fundamental influence in attracting foreign direct investment and thus as an essential element of economic policy.
الكلمات الرئيسة
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