Impact of EU- FDI on Economic Growth in Middle Eastern Countries
This paper develops a simultaneous equations model to test the process of interaction between foreign direct investment, exports and economic growth in three Middle Eastern countries: Egypt, Jordan, Oman, and test for any possible feedback effects. Most of the FDI in these countries flows from the EU. The simultaneous equations model results suggest that higher rates of economic growth result in a greater inflow of foreign capital. The regression results also suggest that interest rate differentials exert a much stronger effect than economic growth on the attraction of foreign capital in the case of Egypt. However, this variable does not seem to play a significant role in the case of Oman. Moreover, the simultaneous equations model results suggest that there is a feedback effect in the relationship between economic growth and capital inflow in all sample countries. A greater inflow of foreign capital leads to growth in the exports of good and services. The expansion in exports leads to growth in GNP, which in turn, encourages the attraction of more foreign capital.
Oil Exports and Economic Growth in the Middle East
SUMMARY 
This study represents an econometric investigation into the role played by exports in the process of economic development of the major oil producers in North Africa and the Middle-East over the past two decades. Single as well as simultaneous equation models were tested using aggregate and disaggregate data. Aggregate real analysis suggests that there is little evidence of spread effects of oil exports to the rest of the economy. Sectoral analysis indicates that the expansion in oil exports was not fully exploited in stimulating the manufacturing sector. Aggregate and disaggregate investment analysis clearly suggests that gross fixed capital formation, limited as may be, is extremely sensitive to growth in oil exports in all countries considered with the exception of Kuwait and Libya. The statistical results of the simultaneous relationships suggest the absence of feedback effects.
Managerial Economics and Organizational Architecture
PART 1: Basic Concepts Chapter 1: Introduction Chapter 2: Economists' View of Behavior Chapter 3: Markets, Organizations, and the Role of Knowledge PART 2: Managerial Economics Chapter 4: Demand Chapter 5: Production and Cost Chapter 6: Market Structure Chapter 7: Pricing with Market Power Chapter 8: Economics of Strategy: Creating and Capturing Value Chapter 9: Economics of Strategy: Game Theory Chapter 10: Incentive Conflicts and Contracts PART 3: Designing Organizational Architecture Chapter 11: Organizational Architecture Chapter 12: Decision Rights: The Level of Empowerment Chapter 13: Decision Rights: Bundling Tasks into Jobs and Subunits Chapter 14: Attracting and Retaining Qualified Employees Chapter 15: Incentive Compensation Chapter 16: Individual Performance Evaluation Chapter 17: Divisional Performance Evaluation Capstone Case Study on Organizational Architecture: Arthur Andersen LLP PART 4: Applications of Organizational Architecture Chapter 18: Corporate Governance Chapter 19: Vertical Integration and Outsourcing Chapter 20: Leadership: Motivating Change within Organizations Chapter 21: Understanding the Business Environment: The Economics of Regulation Chapter 22: Ethics and Organizational Architecture Chapter 23: Organizational Architecture and the Process of Management Innovation Glossary Index