The long and short run effects of foreign direct investment on economic complexity in Sub-Saharan African countries.

被引：0
|
作者：
Kouam, Jasnine Mogem [1 ]
Ndeffo, Luc Nembot [1 ]
Pouatcha, Mathurin Aime Mekam [2 ]
机构：
[1] Univ Dschang, Dschang, Cameroon
[2] Univ Bamenda, Bamenda, Cameroon
来源：
ECONOMICS BULLETIN | 2023年 / 43卷 / 03期
关键词：
PANEL-DATA; COINTEGRATION; TESTS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study examines the long and short run effects of foreign direct investment (FDI) on economic complexity using a sample of 21 Sub-Saharan African (SSA) countries over the period 1980-2017. The empirical evidence is based on the pooled mean group methodology. Results reveal a mixed impact of FDI on economic complexity. In particular, we found that FDI stimulates economic complexity in the long run whilst a negative relationship is observed in the short run. Remittances, corruption, health and GDP are found to be determinants of economic complexity. Furthermore, robustness checks show that regardless of the level of income our results are confirmed. Finally, our findings were robust when using the System Generalized Method of Moments (SGMM) as an alternative estimator.
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页数：14
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