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The Impact Of Domestic Investment, Innovation And R&D On Economic Growth In Mena Countries

Author

Listed:
  • Nadia Ben Yedder

    (University of Manouba Tunisia)

  • Malek El Weriemmi

    (University of Gabes)

  • Sayef Bakari

    (University of Tunis El Manar)

Abstract

The aim of this paper is to investigate the impact of domestic investment, innovation and R&D on economic growth in the case of MENA Countries over the period 2002 – 2021. By using gravity model statistic, found that domestic investment has a positive impact on economic growth. However, innovation and R&D have not any impact on economic growth. It is true that our results indicate that domestic investments are a source of economic growth, but the lack of R&D investments, the lack of collaboration between universities and businesses, the low quality of education and regulatory obstacles are the causes that make innovation and investment in R&D have an adverse impact on economic growth. MENA countries need to invest more in R&D, promote cooperation, improve the quality of education and ease regulatory barriers.

Suggested Citation

  • Nadia Ben Yedder & Malek El Weriemmi & Sayef Bakari, 2023. "The Impact Of Domestic Investment, Innovation And R&D On Economic Growth In Mena Countries," Journal of Smart Economic Growth, , vol. 8(2), pages 1-23, September.
    • Handle: RePEc:seg:012016:v:8:y:2023:i:2:p:1-23
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