Identification of Non-economic Barriers to InvestmentAttraction (Case Study: Lorestan Province)

In the present research, non-economic barriers to investment attraction in Lorestan province have been investigated. This research is a survey and conducted using a questionnaire. The data were analyzed through the structural equation modeling in LISREL software. The results showed that security policy barriers with a coefficient of 0.99 had the highest impact on non-attracting investment in Lorestan province and ranked first. In this regard, socio-Cultural barriers and bureaucratic barriers are in the next ranks with coefficients of 0.80 and 0.72, respectively. The Infrastructure barriers with a coefficient of 0.53 and legal and judicial barriers with coefficient of 0.39 have also been effective in attracting investment in Lorestan province and they are in the fourth and fifth ranking.