A panel analysis of the effects of foreign direct investment (FDI) on economic growth is conducted using data from 47 African countries over the last two decades (1980-2000). Overall, the analysis shows that FDI exerts a positive impact on growth in Africa. Also, factors such as trained human capital and an attractive investment climate stemming from a developed infrastructure, lower country risk and stable macro environment in the host countries...
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INFORMATION
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2005/02/01
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Document de travail (série numérotée)
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33119
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1
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1
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2010/07/01
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Disclosed
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What makes FDI work? A panel analysis of the growth effect of FDI in Africa
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loss of degrees of freedom
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