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  • 标题:Foreign Direct Investment, Business Environment and Economic Growth in Sub-Saharan Africa: Pooled Mean Group Technique
  • 本地全文:下载
  • 作者:Abdelbagi Edrees
  • 期刊名称:Journal of Global Economics
  • 电子版ISSN:2375-4389
  • 出版年度:2015
  • 卷号:3
  • 期号:2
  • 页码:1-5
  • 语种:English
  • 出版社:OMICS International
  • 摘要:This study examined the role played by foreign direct investment and business environment on economic growth. The sample contained 39 Sub-Saharan African countries divided into two groups, 21 low incomes and 18 middle incomes from 1992 to 2012. The findings of pooled mean group estimator (PMG) revealed that the impact of foreign direct investment on economic growth was negative and statistically significant in low income and middle income countries. This result implies that more foreign direct investment harms economic growth in Sub-Saharan Africa. In addition, the business environment appeared to have different impact on economic growth with respect to the income level.
  • 关键词:FDI; Business environment; Economic growth; Pooled mean group
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