Does FDI Affect Productivity and Growth in Sub-Saharan Africa?

被引：3
|
作者：
Meniago, Christelle [1 ]
Lartey, Emmanuel K. K. [2 ]
机构：
[1] Sol Plaatje Univ, Sch Econ & Management Sci, Kimberley, South Africa
[2] Calif State Univ Fullerton, Dept Econ, Fullerton, CA 92634 USA
来源：
JOURNAL OF AFRICAN BUSINESS | 2021年 / 22卷 / 02期
关键词：
Foreign investment; education; finance; productivity; economic growth; FOREIGN DIRECT-INVESTMENT; ECONOMIC-GROWTH; DEVELOPING-COUNTRIES; PANEL-DATA; DOMESTIC FIRMS; SOUTH-AFRICA; TRADE; POPULATION; SPILLOVERS; BANKS;
D O I：
10.1080/15228916.2020.1745011
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study investigates the direct and indirect effects of foreign direct investment (FDI) on economic growth and total factor productivity (TFP) using data for 25 countries in sub-Saharan Africa during the period 1980-2014. The main findings reveal that the direct effect of FDI on both economic growth and TFP is largely negative. Furthermore, the results suggest that the influence of financial development and human capital accumulation on the effect of FDI is negligible. The paper proposes policy considerations to facilitate the potential role of financial access and human capital in exerting a positive impact of FDI on growth.
引用
收藏
页码：274 / 292
页数：19
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