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What factors determines the FDI net flows in Africa? GMM and PMG techniques


Citation

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

Abstract

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.


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Official URL or Download Paper: https://www.omicsonline.org/global-economics.php

Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.4172/2375-4389.1000170
Publisher: Omics Publishing Group
Keywords: FDI; Robustness; Domestic investment; Infrastructure; Macroeconomics
Depositing User: Ms. Nida Hidayati Ghazali
Date Deposited: 21 Sep 2017 04:41
Last Modified: 21 Sep 2017 04:41
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.4172/2375-4389.1000170
URI: http://psasir.upm.edu.my/id/eprint/53251
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