Macroeconomic Factors of foreign direct investment in Mauritania: empirical study during the period (1991-2020)

Abstract This study aims to determine the impact of market size, infrastructure, economic openness, inflation rate, labor force and financial development on foreign direct investment flows into Mauritania during the period (1991-2020) using Autoregressive Distributed Lags model (ARDL) through the correlation, stationarity and co-integration tests. The results of the study concluded that foreign direct investment inflows lags, market size, infrastructure, economic openness, inflation rate and labor force plied an important role in influencing on the incoming foreign direct investment flows during this period. While financial development did not play a major role in determining these flows. Keywords : Foreign Direct Investment (FDI), Market Size, Economic Openness, Infrastructure, Autoregressive Distributed Lag (ARDL) Model Classification JEL : B22 C01 C32 Paper type : Empirical Research