What factors determines the FDI net flows in Africa? GMM and PMG techniques
This study investigated the determinants of FDI in Africa during the time period from 1974 to 2013, and annual data from the World Bank, African Union and United Nation. The study used GMM estimator and conducted three estimations, namely, 5 years, 8 years and 10 years average’ estimations. Besides,...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Omics Publishing Group
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/53251/1/What%20factors%20determines%20the%20FDI%20net%20flows%20in%20Africa%20GMM%20and%20PMG%20techniques.pdf |
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| author | E., Abdelbagi M., Azali H., Azman Md Nor, Norashidah |
| author_facet | E., Abdelbagi M., Azali H., Azman Md Nor, Norashidah |
| author_sort | E., Abdelbagi |
| collection | UPM |
| description | This study investigated the determinants of FDI in Africa during the time period from 1974 to 2013, and annual data from the World Bank, African Union and United Nation. The study used GMM estimator and conducted three estimations, namely, 5 years, 8 years and 10 years average’ estimations. Besides, to robustness check the results, the study used PMG estimator and therefore the full sample countries has been divided into three groups according to the income level, namely, low-income, lower middle-income and upper middle-income groups. The results suggested that the net inflows of the FDI in Africa are determined by economic growth, human capital, infrastructure, domestic investment and trade openness of the region. |
| first_indexed | 2024-03-06T09:17:21Z |
| format | Article |
| id | upm.eprints-53251 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:17:21Z |
| publishDate | 2016 |
| publisher | Omics Publishing Group |
| record_format | dspace |
| spelling | upm.eprints-532512017-09-21T04:41:16Z http://psasir.upm.edu.my/id/eprint/53251/ What factors determines the FDI net flows in Africa? GMM and PMG techniques E., Abdelbagi M., Azali H., Azman Md Nor, Norashidah This study investigated the determinants of FDI in Africa during the time period from 1974 to 2013, and annual data from the World Bank, African Union and United Nation. The study used GMM estimator and conducted three estimations, namely, 5 years, 8 years and 10 years average’ estimations. Besides, to robustness check the results, the study used PMG estimator and therefore the full sample countries has been divided into three groups according to the income level, namely, low-income, lower middle-income and upper middle-income groups. The results suggested that the net inflows of the FDI in Africa are determined by economic growth, human capital, infrastructure, domestic investment and trade openness of the region. Omics Publishing Group 2016 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/53251/1/What%20factors%20determines%20the%20FDI%20net%20flows%20in%20Africa%20GMM%20and%20PMG%20techniques.pdf E., Abdelbagi and M., Azali and H., Azman and Md Nor, Norashidah (2016) What factors determines the FDI net flows in Africa? GMM and PMG techniques. Journal of Global Economics, 4 (1). pp. 1-8. ISSN 2375-4389 https://www.omicsonline.org/global-economics.php 10.4172/2375-4389.1000170 |
| spellingShingle | E., Abdelbagi M., Azali H., Azman Md Nor, Norashidah What factors determines the FDI net flows in Africa? GMM and PMG techniques |
| title | What factors determines the FDI net flows in Africa? GMM and PMG techniques |
| title_full | What factors determines the FDI net flows in Africa? GMM and PMG techniques |
| title_fullStr | What factors determines the FDI net flows in Africa? GMM and PMG techniques |
| title_full_unstemmed | What factors determines the FDI net flows in Africa? GMM and PMG techniques |
| title_short | What factors determines the FDI net flows in Africa? GMM and PMG techniques |
| title_sort | what factors determines the fdi net flows in africa gmm and pmg techniques |
| url | http://psasir.upm.edu.my/id/eprint/53251/1/What%20factors%20determines%20the%20FDI%20net%20flows%20in%20Africa%20GMM%20and%20PMG%20techniques.pdf |
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