The Effect of Information Communication Technology (ICT) Infrastructure availability on FDI inflow in D8 Countries

Abstract

This This paper analyzes the effect of ICT infrastructure availability on FDI inflow in D8countries (Bangladesh, Indonesia, Iran, Egypt, Nigeria, Malaysia, Pakistan and Turkey). Panel data for the period 1997-2018 has been used and the analysis has been done using the fix effect model suggested by Hausman specification test. The result shows positive and significant effect between ICT infrastructure and FDI inflows, along with other controlling variables like market size, trade openness, in case of macroeconomic variable that is exchange rate it has negative but significant effect on FDI inflows.