نقش سرمايه گذاري مستقيم خارجي بر صادرات غيرنفتي در اقتصاد ايران

Effect of Foreign Direct Investment on Non-Oil Export in Iran

In this research, we investigate the effects of foreign direct investment on non-oily exports in Iran. For this purpose, by using data for the period 1963 to 2005, an AutoRegressive Distributed Lag (ARDL) model has been estimated. Findings show that the inflow of FDI has a significant and positive effect on non-oil exports in long run and short run of Iran. Moreover, increasing in real exchange rate and decreasing domestic demand, cause growing in non-oily export. The result of dynamic model confirms the long run relationship between explanatory variables and non-oil exports. The ECM model also implies that any shocks imposed to each of independent variables of the model may continue to 2.5- 3 years are need for FDI to return to its long -term trend.