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Abstract

In this chapter we investigated the evolution and determinants of manufactured exports and FDI in SEMC from 1985 to 2009 and their future prospects. Our econometric analysis confirmed that exchange rate depreciation, the openness of an economy, as well as the quality of its institutions and infrastructure foster manufactured exports and FDI inflows in the region. We found that deeper integration with the EU would increase manufactured exports and FDI to a greater degree compared to the status quo or compared to greater regional integration.

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Acknowledgement

I am grateful to Luc De Wulf for his very useful comments on a previous version of this paper.

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Correspondence to Khalid Sekkat .

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Appendix: Descriptive Statistics

Appendix: Descriptive Statistics

Table 4.5 Manufactured exports equation (From own estimation based on WBWDI and UNCTAD databases)
Table 4.6 FDI equation (From own estimation based on WBWDI and UNCTAD databases)

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Sekkat, K. (2015). Manufactured Exports and FDI. In: Ayadi, R., Dabrowski, M., De Wulf, L. (eds) Economic and Social Development of the Southern and Eastern Mediterranean Countries. Springer, Cham. https://doi.org/10.1007/978-3-319-11122-3_4

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