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

Citation

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).

Abstract

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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Additional Metadata

Item Type:	Conference or Workshop Item (Paper)
Divisions:	Faculty of Economics and Management
Publisher:	Faculty of Economics and Management, Universiti Putra Malaysia
Keywords:	Custom union; Dynamic ordinary least squares; Economic growth; FDI
Depositing User:	Nabilah Mustapa
Date Deposited:	03 Apr 2017 07:43
Last Modified:	03 Apr 2017 07:43
URI:	http://psasir.upm.edu.my/id/eprint/51254
Statistic Details:	View Download Statistic

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