EconStor >
University of Massachusetts (UMass Amherst) >
Department of Economics, University of Massachusetts >
Working Papers, Department of Economics, University of Massachusetts >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/64232
  
Title:The linkages between FDI and domestic investment: Unravelling the developmental impact of foreign investment PDF Logo
Authors:Ndikumana, Leonce
Verick, Sher
Issue Date:2007
Series/Report no.:Working Paper, University of Massachusetts, Department of Economics 2007-13
Abstract:Despite the recent increase in foreign direct investment (FDI) to African countries, these resources have not had a meaningful impact on economic development because of limited effects on domestic factor markets, especially domestic investment and employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa. The results suggest that firstly, FDI crowds in domestic investment, and secondly, countries will gain much from measures aimed at improving the domestic investment climate. Moreover, there are alternatives to resource endowments as a means of attracting foreign investment to nonresource rich countries.
Subjects:FDI
private investment
public investment
Africa
JEL:E22
F21
F23
Document Type:Working Paper
Appears in Collections:Working Papers, Department of Economics, University of Massachusetts

Files in This Item:
File Description SizeFormat
572990618.pdf141.82 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/64232

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.