The Political Economy of Foreign Direct Investment and Foreign Aid in Sub-Saharan Africa: An Empirical Approach
| Main Author: | Galez-Davis, Claire |
|---|---|
| Other Authors: | Azam, Jean-Paul |
| Format: | Dataset |
| Terbitan: |
Mendeley
, 2018
|
| Subjects: | |
| Online Access: |
https:/data.mendeley.com/datasets/y52x25y526 |
Daftar Isi:
- Dataset used for our paper "The Political Economy of Foreign Direct Investment and Foreign Aid in Sub-Saharan Africa: An Empirical Approach". Abstract: Foreign financial flows to Sub-Saharan Africa have soared in the past decade, notably Foreign Direct Investment (FDI) and Official Development Assistance (ODA). The aim of this paper is to evaluate their impacts on the recipient economies' growth. To do so, a two-stage least square analysis is carried out on an unbalanced panel of 41 Sub-Saharan African countries observed from 1980 to 2012. The instrumental strategy is drawn from the political and economic relationships between donors and recipients. The identifying hypothesis is that certain characteristics of a country's main ODA donors, such as GDP per capita, can only affect growth in that country through ODA and FDI. FDI is found to have a positive and significant effect on GDP per capita growth, whereas ODA has no impact.