The effect of different variables on economic growth in selected countries using panel data

This way, the most efficient methods for estimating the impact of factors is considered. The present paper, the effect of different variables including (government spending, openness, foreign direct investment, inflation, exchange rate fluctuations) on economic growth in the period 1393-1382, the Islamic elect developing countries (Iran, Indonesia, Jordan Kuwait, Malaysia, Egypt, Morocco, Oman, Saudi Arabia, Senegal, Turkey and the United Arabic Emirates) using panel data is used. The results suggest that foreign direct investment on economic growth in selected countries of developing more effective. Another result is that four variables (such as government spending, foreign direct investment, inflation, exchange rate fluctuations) on economic growth show a positive effect. Only economic openness on economic growth of the countries surveyed has a negative effect.