Nexus Between Foreign Direct Investment and Employment in Manufacturing and Services Sectors in Tunisia: An ARDL Approach

IF 3 Q1 ECONOMICS
Mouldi Ben Amor
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Abstract

This study investigated both the cointegration and the causal nexus between foreign direct investment (FDI) and employment in the manufacturing and services sectors in Tunisia by employing the augmented autoregressive distributed lag (ARDL) bounds testing approach. Our findings confirm a long-run relationship among the examined variables. Causality results indicated both short-run and long-run bidirectional causality between FDI and employment in the services sectors as well as between employment in the manufacturing and the services sectors. However, there is a unidirectional causality between FDI and employment in manufacturing running from FDI to employment in Manufacturing. These results are of particular interest and offer new perspectives and insight for new policies toward promoting and diversifying foreign investment as a critical contributor to the manufacturing sector's productive capacity and by extension to its employment level.
突尼斯制造业和服务业外国直接投资与就业之间的关系:ARDL方法
本研究通过采用增强自回归分布滞后(ARDL)边界检验方法,调查了突尼斯制造业和服务业外国直接投资(FDI)与就业之间的协整和因果关系。我们的发现证实了所研究变量之间的长期关系。因果关系结果表明,FDI与服务业就业之间以及制造业和服务业就业之间存在短期和长期双向因果关系。然而,FDI与制造业就业之间存在单向因果关系,从FDI到制造业就业。这些结果特别令人感兴趣,并为促进外国投资和使其多样化的新政策提供了新的观点和见解,因为外国投资是制造业生产能力的关键因素,并延伸到其就业水平。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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