Showing 1 - 10 of 396
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … registered Chinese firms investing in Africa between 1998 and 2012. We use key words in project descriptions to code the …
Persistent link: https://www.econbiz.de/10012987345
proffer and explore the proposition that South Africa could serve as the gateway for harnessing MNC geese flying from third … African gateways are emerging as alternatives to South Africa. And some SACU governments would prefer to build regional value … South Africa, may not attract many world leading MNCs since their markets are small, but could attract smaller regional …
Persistent link: https://www.econbiz.de/10012992441
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … provide detailed evidence on the determinants of outward FDI from the US. FDI is higher in countries that are close to the US … substantial natural resource exports. Countries also attract more FDI if they have more medium-sized cities and primacy is not too …
Persistent link: https://www.econbiz.de/10012751105
Using data on Chinese large-scale overseas investment and project contracts by sector, we analyze whether Chinese outward activity (COA) before the crisis worsened or alleviated the contractionary phases in developing countries. We find that, on average, COA did not increase vulnerability to the...
Persistent link: https://www.econbiz.de/10012997245
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa's average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …
Persistent link: https://www.econbiz.de/10013082614
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10013067360
African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa … may work for all countries in Africa …
Persistent link: https://www.econbiz.de/10013051383
with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …
Persistent link: https://www.econbiz.de/10013158311
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10013009852
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology … capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and … technology capital in transition to the steady state. The empirical importance of the FDI channel is demonstrated comparing …
Persistent link: https://www.econbiz.de/10012947623