Foreign Direct Investment and child health outcomes in Africa
AbstractWhile several studies have examined the effect of Foreign Direct Investment (FDI) on economic development indicators, most of these studies focused on economic growth with very little attention paid to health outcomes. Moreover, among the studies that took account of health outcomes, none of...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2023-12-01
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| Series: | Cogent Economics & Finance |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2022.2164565 |
| _version_ | 1797658392493293568 |
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| author | Mustapha Immurana Abdul-Aziz Iddrisu Samuel Owusu Hadrat Mohammed Yusif |
| author_facet | Mustapha Immurana Abdul-Aziz Iddrisu Samuel Owusu Hadrat Mohammed Yusif |
| author_sort | Mustapha Immurana |
| collection | DOAJ |
| description | AbstractWhile several studies have examined the effect of Foreign Direct Investment (FDI) on economic development indicators, most of these studies focused on economic growth with very little attention paid to health outcomes. Moreover, among the studies that took account of health outcomes, none of them investigated the effect of FDI on child health outcomes across a sample of African countries. However, focusing on African countries is very important because sub-Saharan Africa (SSA) has the highest rate of child mortality in the world. This study, therefore, investigates the effect of FDI on child health outcomes in 39 African countries from 1980 to 2018. Neonatal and infant mortality rates are used to proxy child health outcomes. The baseline estimation technique employed is the Fixed Effects (FE) regression. However, to deal with potential endogeneity, we employ the system Generalised Method of Moments (GMM) regression as the robustness estimation technique. Our findings show that, FDI improves child health outcomes, especially through economic growth after controlling for endogeneity. Thus, in African governments’ quest to reduce child mortality, a major useful strategy could be attracting more FDI inflows. |
| first_indexed | 2024-03-11T17:59:22Z |
| format | Article |
| id | doaj.art-ce3b15e9e22947d8a7c805452b27f191 |
| institution | Directory Open Access Journal |
| issn | 2332-2039 |
| language | English |
| last_indexed | 2024-03-11T17:59:22Z |
| publishDate | 2023-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj.art-ce3b15e9e22947d8a7c805452b27f1912023-10-17T10:51:05ZengTaylor & Francis GroupCogent Economics & Finance2332-20392023-12-0111110.1080/23322039.2022.2164565Foreign Direct Investment and child health outcomes in AfricaMustapha Immurana0Abdul-Aziz Iddrisu1Samuel Owusu2Hadrat Mohammed Yusif3Institute of Health Research, University of Health and Allied Sciences, Ho GhanaBanking Technology and Finance Department, Kumasi Technical University, Ghana & Wits Business School, University of the Witwatersrand, South AfricaDepartment of Economics and Statistics, Garden City University College, Kumasi - GhanaDepartment of Economics, Kwame Nkrumah University of Science and Technology, Kumasi, GhanaAbstractWhile several studies have examined the effect of Foreign Direct Investment (FDI) on economic development indicators, most of these studies focused on economic growth with very little attention paid to health outcomes. Moreover, among the studies that took account of health outcomes, none of them investigated the effect of FDI on child health outcomes across a sample of African countries. However, focusing on African countries is very important because sub-Saharan Africa (SSA) has the highest rate of child mortality in the world. This study, therefore, investigates the effect of FDI on child health outcomes in 39 African countries from 1980 to 2018. Neonatal and infant mortality rates are used to proxy child health outcomes. The baseline estimation technique employed is the Fixed Effects (FE) regression. However, to deal with potential endogeneity, we employ the system Generalised Method of Moments (GMM) regression as the robustness estimation technique. Our findings show that, FDI improves child health outcomes, especially through economic growth after controlling for endogeneity. Thus, in African governments’ quest to reduce child mortality, a major useful strategy could be attracting more FDI inflows.https://www.tandfonline.com/doi/10.1080/23322039.2022.2164565Foreign Direct Investmentchild healthneonatal mortalityinfant mortalityAfricaI1 |
| spellingShingle | Mustapha Immurana Abdul-Aziz Iddrisu Samuel Owusu Hadrat Mohammed Yusif Foreign Direct Investment and child health outcomes in Africa Cogent Economics & Finance Foreign Direct Investment child health neonatal mortality infant mortality Africa I1 |
| title | Foreign Direct Investment and child health outcomes in Africa |
| title_full | Foreign Direct Investment and child health outcomes in Africa |
| title_fullStr | Foreign Direct Investment and child health outcomes in Africa |
| title_full_unstemmed | Foreign Direct Investment and child health outcomes in Africa |
| title_short | Foreign Direct Investment and child health outcomes in Africa |
| title_sort | foreign direct investment and child health outcomes in africa |
| topic | Foreign Direct Investment child health neonatal mortality infant mortality Africa I1 |
| url | https://www.tandfonline.com/doi/10.1080/23322039.2022.2164565 |
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