Relationship between economic integration and foreign direct investment among ECO countries

اقتصاد و توسعه منطقه ای

Article 9, Volume 21, Issue 7, January 2015   

Document Type: Research article

DOI: 10.22067/erd.v21i7.18183

Authors

sadegh bafandeh imandoust^* ; Hanie Ghanei Zare

Abstract

Economic Cooperation Organization (ECO) is an intergovernmental regional organization established in 1985 by Iran, Pakistan and Turkey for the purpose of promoting economic, technical and cultural cooperation among the Member States.
The aim of this paper is to study the influence of Economic Integration on foreign direct investment among the ECO countries with utilise of panel data during 1997-2010. The result shows economic integration among these countries has positive relationship with foreign direct investment.

Keywords

Eco region; Panel Data; foreign direct investment