2021, Volume 74 - Issue 1
RSS feed citation: At RePEc
Publication date: 17 February 2021
EFFECTS OF SINO FDI ON THE GROWTH OF SUB-SAHARAN AFRICARead the article
CRUDE OIL PRICE MOVEMENTS AND STOCK TRADING ACTIVITY: EVIDENCE FROM INDONESIARead the article
THE EFFECT OF WATER CONSERVATION ON RESIDENTIAL FRESH WATER CONSUMPTION: EVIDENCE FROM KUWAITRead the article
SHORT AND LONG RUN ASYMMETRIC EFFECTS OF MONETARY AND FISCAL POLICY UNCERTAINTY ON ECONOMIC ACTIVITY IN THE U.S.Read the article
FOREIGN OWNERSHIP AND OPTIMAL DISCRIMINATORY TARIFFS UNDER OLIGOPOLISTIC COMPETITIONRead the article
Emmanuel WIAFE, Ghana Institute of Management and Public Administration
Lucy ANNING, Department of Economics, Faculty of Social Sciences, Accra Institute of Technology, Ghana
The past two decades have seen numerous studies at various levels attempting to investigate the effect of Foreign Direct Investments (FDI) on the African region. A great majority of these studies reached the conclusion that FDI accounts for technology transfer across countries thereby increasing the total investment in African countries. However, regarding studies about Chinese investments in Africa, many authors claimed that Chinese investments in Africa bring with it more harm than good to the economies. This study aims to weigh out the effects of Chinese investments in Africa. The study used a dynamic panel regression approach to correct for possible endogeneity problems. It was concluded from the study that, the net of Chinese FDI is positive. Thus, Chinese FDI contributes positively to the economic growth of African countries. By implication, Chinese investments are setting the African economies on the road to achieving economic development through modernization, industrialization and strong economic growth.
Foreign Direct Investment, China-Africa Relation; Economic Growth, PMG, Africa, China
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