It is widely believed in literature that trade has a positive effect on economic grouwth. For the developing countries, especially African countries that are considering a trade-led economic growth strategy, this has serious implications. This paper focuses on the relationship between trade and...

This paper explores the relationship between the ease of doing business, as one of the investment climate indicators, and foreign direct investment (FDI) inflows in Africa. It uses instrumental variable estimation and the control function approach to correct for possible endogeneity between FDI...