Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
Foreign direct investment (FDI) has been regarded as one of the important factors that stimulate the economic growth in most of the developing countries. However, fewer studies have explored the issue in the case of African region. This study examines the impact of FDI on economic growth for the Sou...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Faculty of Economics and Management, Universiti Putra Malaysia
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/28349/1/bab09.pdf |
| _version_ | 1825947299512057856 |
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| author | Suleiman, Najat Nassor Kaliappan, Shivee Ranjanee Ismail, Normaz Wana |
| author_facet | Suleiman, Najat Nassor Kaliappan, Shivee Ranjanee Ismail, Normaz Wana |
| author_sort | Suleiman, Najat Nassor |
| collection | UPM |
| description | Foreign direct investment (FDI) has been regarded as one of the important factors that stimulate the economic growth in most of the developing countries. However, fewer studies have explored the issue in the case of African region. This study examines the impact of FDI on economic growth for the Southern Africa Custom Union (SACU) countries namely; Botswana, Lesotho, Namibia, South Africa and Swaziland. Employing panel data from the period of 1980-2010 and using Dynamic Ordinary Least Squares (DOLS), the findings reveals satisfactory evidence that there is a positive and significant impact of FDI on the economic growth for the SACU countries. |
| first_indexed | 2024-03-06T08:11:06Z |
| format | Article |
| id | upm.eprints-28349 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:11:06Z |
| publishDate | 2013 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| record_format | dspace |
| spelling | upm.eprints-283492015-12-09T08:38:19Z http://psasir.upm.edu.my/id/eprint/28349/ Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries Suleiman, Najat Nassor Kaliappan, Shivee Ranjanee Ismail, Normaz Wana Foreign direct investment (FDI) has been regarded as one of the important factors that stimulate the economic growth in most of the developing countries. However, fewer studies have explored the issue in the case of African region. This study examines the impact of FDI on economic growth for the Southern Africa Custom Union (SACU) countries namely; Botswana, Lesotho, Namibia, South Africa and Swaziland. Employing panel data from the period of 1980-2010 and using Dynamic Ordinary Least Squares (DOLS), the findings reveals satisfactory evidence that there is a positive and significant impact of FDI on the economic growth for the SACU countries. Faculty of Economics and Management, Universiti Putra Malaysia 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28349/1/bab09.pdf Suleiman, Najat Nassor and Kaliappan, Shivee Ranjanee and Ismail, Normaz Wana (2013) Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries. International Journal of Economics and Management, 7 (1). pp. 136-149. ISSN 1823-836X http://econ.upm.edu.my/ijem/vol7no1/bab09.pdf |
| spellingShingle | Suleiman, Najat Nassor Kaliappan, Shivee Ranjanee Ismail, Normaz Wana Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries |
| title | Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries |
| title_full | Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries |
| title_fullStr | Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries |
| title_full_unstemmed | Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries |
| title_short | Foreign direct investments (FDI) and economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries |
| title_sort | foreign direct investments fdi and economic growth empirical evidence from southern africa customs union sacu countries |
| url | http://psasir.upm.edu.my/id/eprint/28349/1/bab09.pdf |
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