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Foreign Direct Investment & Economic Growth: Evidence From The Sub-Saharan Region
Högskolan Väst, Institutionen för ekonomi och it, Avd för juridik, ekonomi, statistik och politik.
Högskolan Väst, Institutionen för ekonomi och it, Avd för juridik, ekonomi, statistik och politik.
2021 (engelsk)Independent thesis Advanced level (degree of Master (One Year)), 10 poäng / 15 hpOppgave
Abstract [en]

There have been many studies and theories to prove the connection or relationship that exists between the flow of investment and the growth of the economy of a country. This study aimed at examining the impact Foreign Direct Investment has on the economic growth of Sub-Saharan Africa from 1999 to 2019. Using Panel data analysis, we analysed the impact on thirty-Five selected countries in this region. Based on empirical studies and theories, we researched using carefully selected variables with data sourced mainly from World Bank Development Indicators, World Governance Indicators as well as Data Stream. These variables include inflation that was realized to harm growth, contrary to human capital, financial market development, exchange rate, control of corruption as well as the openness of the economy were variables that were included in our study to analyse their relationship with economic growth. The findings were conclusive that FDI impact on growth is positive yet statistically insignificant to the economic growth of Sub-Saharan Africa.

sted, utgiver, år, opplag, sider
2021. , s. 78
Emneord [en]
FDI, Sub-Sahara Africa, Economic Growth, Panel data analysis
HSV kategori
Identifikatorer
URN: urn:nbn:se:hv:diva-16867Lokal ID: EXF800OAI: oai:DiVA.org:hv-16867DiVA, id: diva2:1582167
Fag / kurs
Nationalekonomi
Utdanningsprogram
Magister i finans
Veileder
Examiner
Tilgjengelig fra: 2021-08-20 Laget: 2021-07-29 Sist oppdatert: 2021-08-20bibliografisk kontrollert

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