Investment and Economic Growth
Publish place: کنفرانس علمی مدیریت، اقتصاد کاربردی و تجارت
Publish Year: 1396
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:
MCONFI01_002
تاریخ نمایه سازی: 25 آذر 1396
Abstract:
The current study intended to investigate the effectof foreign direct investment (FDI) on economicgrowth in Africa and provide an estimate of paneldata on 50 African countries during 1980-2009based on a dynamic panel data estimator (SYSGMM)1 developed by Blundell and Bond (1998).The results of the present study indicated thatforeign direct investment flow had a significanteffect on economic growth in Africa during theresearch period. Furthermore, it found that lowhuman resources did not restrict the effect offoreign direct investment and, subsequently,foreign direct investment had a significantnegative effect on economic growth during 1980-1994 while it had a positive effect during 1995-2009.
Authors
Mehran Hafezi Birgani
Department of Accounting , Masjed- Soleiman Branch, Islamic Azad University (I.A.U) , Masjed- Soleiman ,Iran
Reza Ghaderi Moghaddam
Ph.D. Candidate of Economic Sciences, Islamic Azad University, Central Tehran Branch