Monireh Dizaji - Department of Economics, Tabriz branch, Islamic Azad university, Tabriz, Iran
Arash Ketabforoush Badri - Master of Economic Sciences, Tabriz branch, Islamic Azad University,Tabriz,Iran
Karam Jaffari Parvizkhanlu - Master of Economic Sciences, Tabriz branch, Islamic Azad University,Tabriz,Iran
Mahdi Mohhamadi - Student of Economic Sciences, Tabriz branch, Islamic Azad University,Tabriz,Iran

This study examines the causal relationship between FDI and economic growth in the period 2003-2009 using panel data for 13 selected developing countries. The results show that FDI and the degree of economic openness and a significant positive effect on growth, so that an increase of 1 percent of its value, growth, respectively, 0/05 and 0/04 percent increase. Also employment and manufacturing value added, as well as a significant positive effect on economic growth have produced

FDI, Growth, Panel Data;