Foreign Direct Investment Inflows and the Industrialization of African Countries

被引:99
|
作者
Gui-Diby, Steve Loris [1 ,2 ,3 ]
Renard, Mary-Francoise [3 ]
机构
[1] United Nations Econ & Social Commiss Asia & Pacif, Bangkok, Thailand
[2] United Nations Econ & Social Commiss Asia & Pacif, Bangkok, Thailand
[3] Univ Auvergne, CERDI IDREC, Sch Econ, Auvergne, France
关键词
foreign direct investment; industrialization; panel data; Africa; DOMESTIC FIRMS; ECONOMIC-DEVELOPMENT; PANEL-DATA; BIG PUSH; PRODUCTIVITY SPILLOVERS; TECHNOLOGY SPILLOVERS; GOVERNMENT POLICY; EASTERN-EUROPE; MARKET-SIZE; GROWTH;
D O I
10.1016/j.worlddev.2015.04.005
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This paper examines the relationship between inward foreign direct investment (FDI) and the industrialization process in Africa. It uses panel data from 49 countries over the period of 1980-2009. The results indicate that FDI did not have a significant impact on the industrialization of these countries, while other variables, such as the size of the market, the financial sector, and international trade were important. This study concludes that the role of FDI in the transformation agenda, which is currently being discussed in Africa, should be carefully analyzed to maximize the impact of these capital inflows. (C) 2015 Elsevier Ltd. All rights reserved.
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页码:43 / 57
页数:15
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