Does Foreign Direct Investment Promote Exports? Evidence from African Countries

Does Foreign Direct Investment Promote Exports? Evidence from African Countries PDF Author: Abdoul Mijiyawa
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper empirically examines the effect of foreign direct investment (FDI) inflows on exports in Africa. Using the system-generalised method of moments estimator for linear dynamic panel data on a sample of 53 African countries and five-year periods from 1970 to 2009, the paper finds that higher FDI inflows are positively and significantly linked with higher exports of goods and services. A large part of the FDI effect is driven by its spillover effects on exports. The paper also finds the lagged value of exports, a competitive currency, as well as increases in domestic investment and physical infrastructure, to be factors stimulating African exports.

Does Foreign Direct Investment Promote Exports? Evidence from African Countries

Does Foreign Direct Investment Promote Exports? Evidence from African Countries PDF Author: Abdoul Mijiyawa
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper empirically examines the effect of foreign direct investment (FDI) inflows on exports in Africa. Using the system-generalised method of moments estimator for linear dynamic panel data on a sample of 53 African countries and five-year periods from 1970 to 2009, the paper finds that higher FDI inflows are positively and significantly linked with higher exports of goods and services. A large part of the FDI effect is driven by its spillover effects on exports. The paper also finds the lagged value of exports, a competitive currency, as well as increases in domestic investment and physical infrastructure, to be factors stimulating African exports.

Foreign Direct Investment and Economic Development in Africa

Foreign Direct Investment and Economic Development in Africa PDF Author: Hugh Dang
Publisher: Cambridge Scholars Publishing
ISBN: 1527525988
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
This book explores several aspects of foreign direct investment (FDI) and their linkages to African economies. It will appeal to policy makers, development agency professionals and researchers, based as it is on stylized facts and rigorous analytical studies. The reader will find state-of-the-art analyses on FDI-related topics throughout the chapters. Policy makers and development professionals will find in this book a useful guide to draw sound policies based on facts and rigorous analyses.

Exports as a Mediator Variable Between Foreign Direct Investment Inflows and GDP in Low and Low-Middle Income African Countries

Exports as a Mediator Variable Between Foreign Direct Investment Inflows and GDP in Low and Low-Middle Income African Countries PDF Author: Antoine Niyungeko
Publisher: GRIN Verlag
ISBN: 3346248224
Category : Business & Economics
Languages : en
Pages : 23

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Book Description
Scientific Study from the year 2020 in the subject Economics - International Economic Relations, , language: English, abstract: This study aims identifying the mediation effect of export in the relationship between FDI and GDP in low and middle low-income African countries. The study uses correlation analysis, Baron and Kenny method, Bootstrap procedure and Sobel test to investigate the significance of the indirect effect. The relationship between foreign direct investment (FDI) inflows, exports and economic growth as measured by gross domestic product (GDP) has been a global interest of academics and policy-makers, but research methods did not allow the characterization of the indirect mediating effects that exports have on that relationship. The result of the analysis shows a partial mediation of exports in the relationship between FDI and GDP. The study demonstrates the indirect effect caused by FDI through export. It is therefore recommended that low and middle low-income African countries should stimulate foreign direct investment to boost their exports, and gross domestic product. Additionally, these countries should find new ways of financing exports as FDI are predicted to fall due to the Covid-19 pandemic during 2020.

Foreign Direct Investment (FDI), Technology Transfer, and Poverty Alleviation

Foreign Direct Investment (FDI), Technology Transfer, and Poverty Alleviation PDF Author: Moses Ikiara
Publisher:
ISBN:
Category : Investments, Foreign
Languages : en
Pages : 56

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Foreign Direct Investment in Africa

Foreign Direct Investment in Africa PDF Author: Jacques Morisset
Publisher: World Bank Publications
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 26

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Book Description
A few Sub-Saharan countries, by improving their business environment, have begun to attract more substantial foreign direct investment than other African countries with bigger domestic markets and greater natural resources. Like Ireland and Singapore, perhaps they can become competitive internationally and attract sustainable foreign direct investment.

Africa Investor Report 2011

Africa Investor Report 2011 PDF Author: Mohamed Lamine Dhaoui
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
The report has two key objectives - to identify "quality" foreign direct investment (FDI) and to seek an optimal allocation of scarce public funds in Africa by facilitating (largely through investment promotion agencies) the attraction of these investments. Close to 7000 firms (with 36% having foreign involvement) were interviewed in 19 Sub-Saharan African host countries. The report examines the impact of FDI on productivity, training, human capital, competition, employment, wages and trade (exports). The publication of this report is an important step forward in understanding FDI in Africa, its impact and its prospects. It is the start of a process that should see the valuable data that it introduces analyzed and reanalyzed.

Foreign Direct Investment in Sub-Saharan Africa

Foreign Direct Investment in Sub-Saharan Africa PDF Author: Laurence Cockcroft
Publisher: World Bank Publications
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 74

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Book Description
Foreign investment is even less likely to meet Sub-Saharan Africa's rising foreign exchange and savings gaps in the 1990s than in the dismal 1980s. Investors interested in Sub-Saharan Africa are more likely to commit technology and management than equity capital. Economic activity and overall economic policy may be more effective at raising the total volume of investment than special fiscal and other incentives.

Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries

Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries PDF Author: Harinder Singh
Publisher: World Bank Publications
ISBN:
Category : Direkte investeringer
Languages : en
Pages : 48

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What's the Impact of Chinese Outward Direct Investment on African Countries' Export Upgrading

What's the Impact of Chinese Outward Direct Investment on African Countries' Export Upgrading PDF Author: Hexuan Li
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 90

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Book Description
The debates on trade and economic growth have increasingly put emphasis on export composition. For developing countries, exports of more sophisticated and diversified products appear to be positively correlated with growth. Recent studies show evidences implying that attracting Foreign Direct Investment (FDI) ignites the potential for export transformation in emerging market and developing countries. In recent decades, China has been a major investor in Africa. However, the impact of Chinese outward direct investment (ODI) on recipient African countries' exports upgrading remains unclear. I hypothesize that Chinese ODI has a positive impact on African countries' export quality and diversification. My research contributes to the existing literature by looking at Chinese ODI's impact on 54 African countries' export upgrading during 2003 and 2016. Using data from COMMOF, UNCTAD, and a General method of moments (GMM) model, I find that a one-year lagged Chinese ODI inflow has had a positive and significant impact on African host economies' export quality through capability spillovers but no significant effect on export diversification. These results imply that, in recent years, Chinese ODI has been effective in promoting African countries' export transformation through increasing the share of manufacturing exports and reducing the focus on natural resource exports. These results suggest that African policy makers should seek to attract Chinese ODI that results in technology and knowledge transfers, and also seek more diversified investments in future cooperation with China.

Impact of Foreign Direct Investment (FDI) on Technology Transfer in Africa

Impact of Foreign Direct Investment (FDI) on Technology Transfer in Africa PDF Author: Moses Ikiara
Publisher:
ISBN:
Category : Investments, Foreign
Languages : en
Pages : 58

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Book Description