| 000 | 01411cam a2200229 4500500 | ||
|---|---|---|---|
| 005 | 20250121215810.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aNkoa, Bruno Emmanuel Ongo _eauthor |
| 245 | 0 | 0 | _aThe specific growth effects of FDI in Africa: The role of finance |
| 260 | _c2019. | ||
| 500 | _a16 | ||
| 520 | _aIn this article, we assess the role of finance as a necessary condition for the improved contribution of FDI to economic growth, based on a sample of fifty African countries studied over the period 1980–2016. To achieve this, we estimate a model using the system generalized method-of-moments (GMM) estimator. Our estimates lead to two main results. First, finance positively and significantly improves the impact of FDI on economic growth. Second, this improvement is driven primarily by the development of financial markets. In order to optimize the absorptive capacity of FDI, we recommend deepening and strengthening financial markets via a higher level of integration.JEL Codes: E23, F21, F41. | ||
| 690 | _aGMM | ||
| 690 | _aAfrica | ||
| 690 | _afinancial development | ||
| 690 | _aFDI | ||
| 690 | _aeconomic growth | ||
| 690 | _acapital market | ||
| 786 | 0 | _nRevue d’économie du développement | 26 | 3 | 2019-06-18 | p. 33-63 | 1245-4060 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-d-economie-du-developpement-2018-3-page-33?lang=en&redirect-ssocas=7080 |
| 999 |
_c709710 _d709710 |
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