文章基本信息

标题：Effects of Industrial Parks developed by OBOR One Belt and One Road Initiative on FDI inflows in Ethiopia
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作者：Hou Renyong ; Sadik Aman Ali
期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2021
卷号：3
期号：12
页码：484-490
DOI：10.35629/5252-0312265273
语种：English
出版社：IJAEM JOURNAL
摘要：The study was carried out to establish the possible effects of Industrial parks developed by OBOR Initiative on inflow of Foreign Direct Investment in Ethiopia. In this study, the researcher used secondary time series data from 2013 to 2020. Vector Error Correction Model (VECM) estimations were used. By doing so, the time series properties of the selected variables were examined. It first tests for unit root using the Augmented Dickey Fuller (ADF) test. The cointegration technique was employed to derive the long-run relationship. The result of long run dynamic model shows that industrial parks development by OBOR significantly and positively affects the inflow of FDI to the Country. Further the study findings indicated that expansion of OBOR investments on industrial parks development significantly affects export, through increasing the volume of products to be produced for the export market. From a policy point of view, the results suggest that, to promote FDI, Ethiopia should promote expansion of the OBOR Initiatives and also focus on policies that support increased level of industrial developments in the Country.
关键词：Foreign Direct Investment;OBOR Initiative;and Exports