Be Nice to Thy Neighbors: Spatial Impact of Foreign Direct Investment on Poverty in Africa

نویسندگان

چکیده

This study examines the spatial impact of FDI on poverty 44 African countries. In achieving this, uses Driscoll–Kraay fixed effect instrumental variable regression, generalized method moments estimator (IV-GMM), and Durbin model. The empirical investigation this yielded four significant findings: (1) neighboring countries’ FDIs have a positive incidence intensity host country’s poverty, (2) improved institutional quality in countries has FDI–poverty reduction nexus country, (3) results lend support for spillover region, (4) marginal indicate that within region are no longer isolation or independent, i.e., level particular country is influenced by its determinants country. result robust to alternative proximity matrix, which inverse distance. Since there interdependence among countries, we recommend governments, through Union (AU), should not only champion reform but also establish binding mechanism ensure implementation.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Foreign Direct Investment: Impact on Indian Economy

With the initiation of globalization, developing countries, particularly those in Asia, have been witnessing a immense surge of FDI inflows during the past two decades. Even though India has been a latecomer to the FDI scene compared to other East Asian countries, its considerable market potential and a liberalized policy regime has sustained its attraction as a favourable destination for forei...

متن کامل

The Impact of Economic Sanctions and other Factors on Attracting Foreign Direct Investment in OPEC Countries

Abstract Foreign direct investment (FDI) is considered as a one of the important channels of financing capital internationally. FDI, in addition to compensating for the lack of capital, entails the transfer of technology, the entry of expert human capital, management, and knowledge; therefore, in order to Realizing the continuous and stable economic growth is necessary to scientifically identi...

متن کامل

Spatial Determinants of Foreign Direct Investment

FDI flows grew exponentially during the 1990s, experienced a sharp decline over the period 20012004, and have recently started to recover. The decline was mostly due to a fall in FDI flows within the OECD, particularly of FDI flows to continental Europe. In recent years, FDI flows to developing countries have also increased substantially. This trend has been encouraged by governments who view i...

متن کامل

A Study on the Contribution of Foreign Direct Investment to Economic Growth in Afghanistan

Foreign Direct Investment (FDI) is frequently regarded as a key driver of global economic integration because it brings job opportunities, capital investment, and business experience. The current study examines the impact of foreign direct investment on Afghanistan's economic growth using time-series data from 2007 to 2019, which are collected from the World Bank and the International Monetary ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Economies

سال: 2022

ISSN: ['2227-7099']

DOI: https://doi.org/10.3390/economies10060128