Determinants of Foreign Direct Investment in Africa: A Panel Data Analysis

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Dr. Moses Muse Sichei
Dr. Moses Muse Sichei
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Godbertha Kinyondo
Godbertha Kinyondo
α Mzumbe University

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Determinants of Foreign Direct Investment in Africa:  A Panel Data Analysis

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Abstract

This study provides panel data evidence on the determinants of foreign direct investment (FDI) for a sample of 45 African countries over the period 1980 to 2009. Using dynamic panel data estimation techniques, the study identifies a number of factors that affect FDI flows in Africa, including, agglomeration economies, natural resources, real GDP growth, and international investment agreements. The study also shows that the Africa-wide environment has become more conducive to FDI since the year 2000.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Moses Muse Sichei. 1970. \u201cDeterminants of Foreign Direct Investment in Africa: A Panel Data Analysis\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 12 (GJMBR Volume 12 Issue B18): .

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GJMBR Volume 12 Issue B18
Pg. 85- 97
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Crossref Journal DOI 10.17406/GJMBR

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This study provides panel data evidence on the determinants of foreign direct investment (FDI) for a sample of 45 African countries over the period 1980 to 2009. Using dynamic panel data estimation techniques, the study identifies a number of factors that affect FDI flows in Africa, including, agglomeration economies, natural resources, real GDP growth, and international investment agreements. The study also shows that the Africa-wide environment has become more conducive to FDI since the year 2000.

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Determinants of Foreign Direct Investment in Africa: A Panel Data Analysis

Dr. Moses Muse Sichei
Dr. Moses Muse Sichei Mzumbe University
Godbertha Kinyondo
Godbertha Kinyondo

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