The issue of attracting foreign direct investment is essential for the production and economic growth. So, in these situations identifying the factors affecting the attraction of foreign direct investment is important. This research wants to identify the factors affecting the attraction of foreign direct investment, with an emphasis on the presence of non-renewable energy resources in the host country. This is important because it shows the key features in the countries that absorb foreign direct investment. The method here is the panel vector auto-regression model (p-var) for the 45 selected countries in the world. Countries have been chosen in such a way that some of them have non-renewable energy resources and some lack them. The results show that out of the four factors and motivations for investment, market incentives, resources, productivity and financial incentives, resources have little effect on investors' motivation. But, the main motive for investment decision is market incentives.

JEL: F21،Q37 ،C32، C33