Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 523-534 |
| Number of pages | 12 |
| Journal | Thunderbird International Business Review |
| Volume | 60 |
| Issue number | 4 |
| Early online date | 11 Sep 2017 |
| DOIs | |
| Publication status | Published - Aug 2018 |
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Keywords
- government policies
- Africa
- foreign direct investment
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Analysis of government policies, institutions, and inward foreign direct investment: evidence from sub-Saharan Africa. / Emudainohwo, Ochuko B.; Boateng, Agyenim; Brahma, Sanjukta; Ngwu, Franklin.
In: Thunderbird International Business Review, Vol. 60, No. 4, 08.2018, p. 523-534.Research output: Contribution to journal › Article
TY - JOUR
T1 - Analysis of government policies, institutions, and inward foreign direct investment: evidence from sub-Saharan Africa
AU - Emudainohwo, Ochuko B.
AU - Boateng, Agyenim
AU - Brahma, Sanjukta
AU - Ngwu, Franklin
N1 - Acceptance email attached AAM: 24m
PY - 2018/8
Y1 - 2018/8
N2 - This article examines the effects of government policies and institutions on foreign direct investment (FDI) inflows in sub-Saharan African context using both quantitative and qualitative approaches. On the quantitative approach, we analyzed the effects of institutions on FDI using two statistical techniques—canonical cointegration regression (CCR) and fully modified ordinary least square (FMOLS)—over the period of 1984–2012. We find that political instability, democratic accountability, and investment risk have significant impact on inward FDI in Nigeria. Using a trend analysis, our results provide evidence to suggest that liberal government investment policies have positive influence on FDI inflows. Our qualitative analysis over the 1962–2012 period supports the results of the quantitative analysis.
AB - This article examines the effects of government policies and institutions on foreign direct investment (FDI) inflows in sub-Saharan African context using both quantitative and qualitative approaches. On the quantitative approach, we analyzed the effects of institutions on FDI using two statistical techniques—canonical cointegration regression (CCR) and fully modified ordinary least square (FMOLS)—over the period of 1984–2012. We find that political instability, democratic accountability, and investment risk have significant impact on inward FDI in Nigeria. Using a trend analysis, our results provide evidence to suggest that liberal government investment policies have positive influence on FDI inflows. Our qualitative analysis over the 1962–2012 period supports the results of the quantitative analysis.
KW - government policies
KW - Africa
KW - foreign direct investment
U2 - 10.1002/tie.21942
DO - 10.1002/tie.21942
M3 - Article
VL - 60
SP - 523
EP - 534
JO - Thunderbird International Business Review
JF - Thunderbird International Business Review
SN - 1096-4762
IS - 4
ER -