Foreign Direct Investments and Human Capital Development in Subsaharan Africa
The objective of the present study is to estimate the impact of foreign direct investments on human capital development in 32 Subsaharan African countries over the period 1980 – 2005. Human capital is captured by the percentage of children in full-time education in primary and secondary schools. Pan...
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Format: | Article |
Language: | English |
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Dunarea de Jos University of Galati
2010-12-01
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Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
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Online Access: | http://www.ann.ugal.ro/eco/Doc2010_2/Ndeffo.pdf |
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author | Luc NEMBOT NDEFFO |
author_facet | Luc NEMBOT NDEFFO |
author_sort | Luc NEMBOT NDEFFO |
collection | DOAJ |
description | The objective of the present study is to estimate the impact of foreign direct investments on human capital development in 32 Subsaharan African countries over the period 1980 – 2005. Human capital is captured by the percentage of children in full-time education in primary and secondary schools. Panel data regressions are used for the estimations. The results show a correlation not only between FDI and the percentage of children in full-time education in primary school but also between the FDI and the percentage of children in full-time education in secondary school. These results are not significant for that. This shows that FDI directed towards Sub-Saharan Africa still remain insufficient. That is why a lot of effort should be made in order to favour the attraction of FDI in this part of the continent. The other variables which have a positive and significant impact on the percentage of children in full-time education are: the domestic investment rate, public sector expenditures, life expectancy at birth and the growth rate of the gross domestic product per capita. |
first_indexed | 2024-12-13T18:14:56Z |
format | Article |
id | doaj.art-797494f33bcd41afa8a2ca670fe4dd3b |
institution | Directory Open Access Journal |
issn | 1584-0409 |
language | English |
last_indexed | 2024-12-13T18:14:56Z |
publishDate | 2010-12-01 |
publisher | Dunarea de Jos University of Galati |
record_format | Article |
series | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
spelling | doaj.art-797494f33bcd41afa8a2ca670fe4dd3b2022-12-21T23:35:52ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04092010-12-0123750Foreign Direct Investments and Human Capital Development in Subsaharan AfricaLuc NEMBOT NDEFFOThe objective of the present study is to estimate the impact of foreign direct investments on human capital development in 32 Subsaharan African countries over the period 1980 – 2005. Human capital is captured by the percentage of children in full-time education in primary and secondary schools. Panel data regressions are used for the estimations. The results show a correlation not only between FDI and the percentage of children in full-time education in primary school but also between the FDI and the percentage of children in full-time education in secondary school. These results are not significant for that. This shows that FDI directed towards Sub-Saharan Africa still remain insufficient. That is why a lot of effort should be made in order to favour the attraction of FDI in this part of the continent. The other variables which have a positive and significant impact on the percentage of children in full-time education are: the domestic investment rate, public sector expenditures, life expectancy at birth and the growth rate of the gross domestic product per capita.http://www.ann.ugal.ro/eco/Doc2010_2/Ndeffo.pdfForeign Direct InvestmentHuman CapitalSub-Saharan African Countries |
spellingShingle | Luc NEMBOT NDEFFO Foreign Direct Investments and Human Capital Development in Subsaharan Africa Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics Foreign Direct Investment Human Capital Sub-Saharan African Countries |
title | Foreign Direct Investments and Human Capital Development in Subsaharan Africa |
title_full | Foreign Direct Investments and Human Capital Development in Subsaharan Africa |
title_fullStr | Foreign Direct Investments and Human Capital Development in Subsaharan Africa |
title_full_unstemmed | Foreign Direct Investments and Human Capital Development in Subsaharan Africa |
title_short | Foreign Direct Investments and Human Capital Development in Subsaharan Africa |
title_sort | foreign direct investments and human capital development in subsaharan africa |
topic | Foreign Direct Investment Human Capital Sub-Saharan African Countries |
url | http://www.ann.ugal.ro/eco/Doc2010_2/Ndeffo.pdf |
work_keys_str_mv | AT lucnembotndeffo foreigndirectinvestmentsandhumancapitaldevelopmentinsubsaharanafrica |