Analysis of the effects of institutional quality on the volatility of foreign direct investment in Africa

被引:1
|
作者
Nkoa, Bruno Emmanuel Ongo [1 ,2 ]
Song, Jacques Simon [2 ,3 ]
机构
[1] Univ Buea, Dept Econ & Gest, Fac Sci Sociales & Gest, BP 63, Buea, Cameroon
[2] Univ Yaounde 2 Soa, Lab Anal & Rech Econ Appl, Soa, Cameroon
[3] Univ Dschang, Dept Econ Publ, Fac Sci Econ & Gest, Dschang, Cameroon
关键词
SUB-SAHARAN AFRICA; PANEL-DATA; GROWTH; ENVIRONMENT; MODELS; FLOWS; TESTS; FDI;
D O I
10.1111/1467-8268.12306
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 article analyzes the influence of institutional quality on the volatility of foreign direct investment (FDI) in Africa. We use an estimated model in dynamic panel data using the generalized method moment in system (GMM-S) and double least squares (2SLS) over the period 1996-2014. Results show that the quality of institutions increases the volatility of FDI inflows. In order to stabilize FDI inflows and set development prospects the African authorities must reform their institutions.
引用
收藏
页码:674 / 688
页数:15
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