DOES FDI CAUSE ECONOMIC GROWTH? EVIDENCE FROM SELECTED COUNTRIES IN AFRICA AND ASIA

This study examines the role of foreign direct investment (FDI) on growth, making a comparison between selected countries of Africa and Asia. We utilized data for 30 countries 2009. The Hausman among OLS, fixed effect and random effect models. First, aggregate data and later disaggregated the data in assess the regional impact of FDI on ec that FDI has positive relationship with GDP growth also report evidence of one We conclude that FDI promote more openness of the economies, more investment in infrastruct political commitment

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