Exploring the Relationship Between Trade Openness, FDI, and Economic Complexity in Africa

被引：1
|
作者：
Ajide, Kazeem Bello [1 ]
机构：
[1] Univ Lagos, Fac Social Sci, Dept Econ, Lagos, Nigeria
来源：
INTERNATIONAL TRADE JOURNAL | 2024年
关键词：
Africa; economic complexity; economic growth; foreign direct investment; generalized method of moments; trade openness; FOREIGN DIRECT-INVESTMENT; GROWTH; PRODUCTIVITY; LIBERALIZATION; SPILLOVERS; TOO;
D O I：
10.1080/08853908.2024.2374739
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study analyzes the relationship between trade openness, foreign direct investment (FDI), and economic complexity in 32 African economies from 1995 to 2018. Using pooled OLS, fixed effects, random effects, and GMM methods, it finds that trade openness negatively affects economic complexity, while FDI positively impacts it by fostering technology transfer and innovation. However, increased trade openness reduces the positive effect of FDI on economic complexity. These findings highlight the need for nuanced trade and investment strategies in Africa.
引用
收藏
页数：27
相关论文
共 50 条
  • [41] The synergy between governance and trade openness in promoting female economic inclusion in Sub-Saharan Africa
    Ofori, Pamela E.
    Asongu, Simplice A.
    Tchamyou, Vanessa S.
    Salahodjaev, Raufhon
    WOMENS STUDIES INTERNATIONAL FORUM, 2023, 96
  • [42] Drivers of FDI inflows in Africa: do trade openness, market size, and institutional quality matter?
    Abdi, Abdikafi Hassan
    Sheik-Ali, Ibrahim Abdukadir
    Mohamed, Farhia Hassan
    Mohamoud, Salman Sh. Adem
    COGENT ECONOMICS & FINANCE, 2024, 12 (01):
  • [43] EXPLORING THE RELATIONSHIP BETWEEN ECONOMIC GROWTH, TRADE OPENNESS, CO2 EMISSIONS, AND RENEWABLE ENERGY: EVIDENCE FROM EASTERN EUROPEAN COUNTRIES
    Mester, Ioana Teodora
    Mester, Liana Eugenia
    Fora, Andreea Florina
    ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, 2023, 57 (02): : 221 - 234
  • [44] The relationship between trade, FDI and economic growth in Tunisia: An application of the autoregressive distributed lag model
    Belloumi, Mounir
    ECONOMIC SYSTEMS, 2014, 38 (02) : 269 - 287
  • [45] Impact of urbanization, economic growth, FDI, and trade openness on energy demand in Ireland: an ARDL approach
    Tahrim, Farian
    Hasan, Md Atik
    Akter, Salma
    Das, Mihir Kumar
    Pattak, Dulal Chandra
    PROGRESS IN ENERGY, 2024, 6 (04):
  • [46] A non-monotonic relationship between FDI and trade
    Pontes, Jose Pedro
    ECONOMICS LETTERS, 2007, 95 (03) : 369 - 373
  • [47] Assessing the Global Drivers of Sustained Economic Development: The Role of Trade Openness, Financial Development, and FDI
    Radmehr, Riza
    Ali, Ernest Baba
    Shayanmehr, Samira
    Saghaian, Sayed
    Darbandi, Elham
    Agbozo, Ebenezer
    Sarkodie, Samuel Asumadu
    SUSTAINABILITY, 2022, 14 (21)
  • [48] Reevaluating the linkage between trade openness and economic growth in Nigeria
    Yusuf Abdulkarim
    SN Business & Economics, 3 (7):
  • [49] Digital trade, trade openness, FDI, and green total factor productivity
    Dai, Siwei
    Tang, Daoyun
    Li, Yunfeng
    Lu, Huaixin
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2025, 97
  • [50] Relationship between trade openness and economic growth in Latin America: A causality analysis with heterogeneous panel data
    Roquez-Diaz, Adolfo
    Escot, Lorenzo
    REVIEW OF DEVELOPMENT ECONOMICS, 2018, 22 (02) : 658 - 684
12345