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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2018.1
- 수록면
- 41 - 51 (11page)
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The paper aims to assess whether policy and institutional variables are significant factors in attracting foreign direct investment (FDI) to eastern Africa. The assessment is based on the determinants of FDI in a sample of 30 sub-Saharan African (SSA) countries between 2005 and 2016. Employing panel data methodology, I investigate whether policy and institutional variables play a more significant role in attracting FDI to eastern Africa than they do in other SSA countries. The results indicate that these variables are more significant factors for attracting FDI to eastern Africa than they are for the other SSA regions. The paper concludes that eastern Africa’s current FDI promotion policies are working. In particular, ensuring a stable macroeconomic situation and a favorable profit tax rate as well as building good institutions have proven to be good tools for attracting FDI to eastern Africa.
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참고문헌 (19)
참고문헌 신청
Asamoah, M. E. / 2016 / Macroeconomic uncertainty, foreign direct investment and institutional quality: Evidence from sub-Saharan Africa / Economic Systems 40(4):612~621
Asiedu, E. / 2000 / Discount factors and thresholds: Foreign investment when enforcement is imperfect / Macroeconomic Dynamics 4(1):1~21
Asiedu, E. / 2004 / Policy reform and foreign direct investment in Africa: Absolute progress but relative decline / Development Policy Review 22(1):41~48
Asiedu, E. / 2006 / Foreign direct investment in Africa: The role of natural resources, market size, government policy, institutions and political instability / World Economy 29(1):63~77
Buchanan, B. G. / 2012 / Foreign direct investment and institutional quality: Some empirical evidence / International Review of Financial Analysis 21:81~89
Asiedu, E. / 2000 / Discount factors and thresholds: Foreign investment when enforcement is imperfect / Macroeconomic Dynamics 4(1):1~21
Asiedu, E. / 2004 / Policy reform and foreign direct investment in Africa: Absolute progress but relative decline / Development Policy Review 22(1):41~48
Asiedu, E. / 2006 / Foreign direct investment in Africa: The role of natural resources, market size, government policy, institutions and political instability / World Economy 29(1):63~77
Buchanan, B. G. / 2012 / Foreign direct investment and institutional quality: Some empirical evidence / International Review of Financial Analysis 21:81~89
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