The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries

The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries

This study examines the factors affecting the inflows of foreign direct investment in Sub- Saharan Africa: evidence from the six among the top ten FDI recipient countries, namely, Cote d’Ivoire, Democratic Republic of Congo, Ghana, Nigeria, South Africa, and Sudan for the period 1980-2011. The anal...

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Main Author: Suleiman, Usman
Format: Thesis
Language:eng
eng
Published: 2016
Subjects:
HB Economic Theory
Online Access:https://etd.uum.edu.my/7559/1/s818490_01.pdf
https://etd.uum.edu.my/7559/2/s818490_02.pdf
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language eng
eng
advisor Zainal Abidin, Irwan Shah
topic HB Economic Theory
spellingShingle HB Economic Theory
Suleiman, Usman
The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries
description This study examines the factors affecting the inflows of foreign direct investment in Sub- Saharan Africa: evidence from the six among the top ten FDI recipient countries, namely, Cote d’Ivoire, Democratic Republic of Congo, Ghana, Nigeria, South Africa, and Sudan for the period 1980-2011. The analysis of the study employed secondary data obtained from the World Bank African Development Indicator, United Nation Conference on Trade, and Development. The study used Dunning’s (1977) eclectic paradigm, the panel cointegration approach and granger causality test for the empirical estimations. The empirical results show that trade openness, infrastructural facilities, human capital development, exchange rate and market size are the important determinants of inflows of FDI to the individual country while trade openness, infrastructural facilities and market size are the important determinants of inflows of FDI to them as a group. The findings of this study suggest that the policy makers and other stakeholders should encourage the nonmarket seeking FDIs and facilitate the ease of doing business in the region through addressing trade barriers and provision of incentives to the investors.
format Thesis
qualification_name masters
qualification_level Master's degree
author Suleiman, Usman
author_facet Suleiman, Usman
author_sort Suleiman, Usman
title The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries
title_short The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries
title_full The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries
title_fullStr The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries
title_full_unstemmed The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries
title_sort factors affecting the inflows of foreign direct investment (fdi) in sub-saharan africa: evidence from six among the top ten fdi recipient countries
granting_institution Universiti Utara Malaysia
granting_department School of Economics, Finance & Banking
publishDate 2016
url https://etd.uum.edu.my/7559/1/s818490_01.pdf
https://etd.uum.edu.my/7559/2/s818490_02.pdf
_version_ 1776103692205817856
spelling my-uum-etd.75592023-03-09T03:06:08Z The factors affecting the inflows of foreign direct investment (FDI) in Sub-Saharan Africa: Evidence from six among the top ten FDI recipient countries 2016 Suleiman, Usman Zainal Abidin, Irwan Shah School of Economics, Finance & Banking School of Economics, Finance & Banking HB Economic Theory This study examines the factors affecting the inflows of foreign direct investment in Sub- Saharan Africa: evidence from the six among the top ten FDI recipient countries, namely, Cote d’Ivoire, Democratic Republic of Congo, Ghana, Nigeria, South Africa, and Sudan for the period 1980-2011. The analysis of the study employed secondary data obtained from the World Bank African Development Indicator, United Nation Conference on Trade, and Development. The study used Dunning’s (1977) eclectic paradigm, the panel cointegration approach and granger causality test for the empirical estimations. The empirical results show that trade openness, infrastructural facilities, human capital development, exchange rate and market size are the important determinants of inflows of FDI to the individual country while trade openness, infrastructural facilities and market size are the important determinants of inflows of FDI to them as a group. The findings of this study suggest that the policy makers and other stakeholders should encourage the nonmarket seeking FDIs and facilitate the ease of doing business in the region through addressing trade barriers and provision of incentives to the investors. 2016 Thesis https://etd.uum.edu.my/7559/ https://etd.uum.edu.my/7559/1/s818490_01.pdf text eng public https://etd.uum.edu.my/7559/2/s818490_02.pdf text eng public masters masters Universiti Utara Malaysia Acemoglu, D., Johnson, S., & Robinson, J. A. (2012). The colonial origins of comparative development: An empirical investigation: Reply. The American Economic Review, 102(6), 3077-3110. 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