Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries

Foreign direct investment (FDI) has been regarded as one of the important factor that stimulates 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...

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Main Authors: Suleiman, Najat Nassor, Kaliappan, Shivee Ranjanee, Ismail, Normaz Wana
Format: Conference or Workshop Item
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/51254/1/12-12.pdf
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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 factor that stimulates 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 for the period of 1980-2010 and using dynamic ordinary least square (DOLS), the findings reveals satisfactory evidence that there is a positive impact of FDI on the economic growth for the SACU countries.
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spelling upm.eprints-512542017-04-03T07:43:32Z http://psasir.upm.edu.my/id/eprint/51254/ Impact of foreign direct investment (FDI) on 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 factor that stimulates 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 for the period of 1980-2010 and using dynamic ordinary least square (DOLS), the findings reveals satisfactory evidence that there is a positive impact of FDI on the economic growth for the SACU countries. Faculty of Economics and Management, Universiti Putra Malaysia 2012 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/51254/1/12-12.pdf Suleiman, Najat Nassor and Kaliappan, Shivee Ranjanee and Ismail, Normaz Wana (2012) Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries. In: National Research & Innovation Conference for Graduate Students in Social Sciences (GS-NRIC 2012), 7-9 Dec. 2012, Mahkota Hotel, Melaka. (pp. 267-275).
spellingShingle Suleiman, Najat Nassor
Kaliappan, Shivee Ranjanee
Ismail, Normaz Wana
Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
title Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
title_full Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
title_fullStr Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
title_full_unstemmed Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
title_short Impact of foreign direct investment (FDI) on economic growth: empirical evidence from Southern Africa Customs Union (SACU) countries
title_sort impact of foreign direct investment fdi on economic growth empirical evidence from southern africa customs union sacu countries
url http://psasir.upm.edu.my/id/eprint/51254/1/12-12.pdf
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