Adequacy of governance in the link between foreign direct investment and structural transformation

References

• Acemoglu, D., & Ventura, J. (2002). The world income distribution. The Quarterly Journal of Economics, 117(2), 659–18. https://doi.org/10.1162/003355302753650355
   Web of Science ®Google Scholar
• Aitken, J., & Harrison, E. (1999). Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. The American Economic Review, 89(3), 605–618. https://doi.org/10.1257/aer.89.3.605
   Web of Science ®Google Scholar
• Alfaro, L., Chanda, A., Kalmli-Ozcan, S., & Sayek, S. (2004). FDI and economic growth: The role of local financial markets. Journal of International Economics, 64(1), 89–112. https://doi.org/10.1016/S0022-1996(03)00081-3
   Web of Science ®Google Scholar
• Amensisa, T. (2018). Direct Investment in Ethiopia Economic Development: In Case of Negative and Positive Floricultural Externality in Oromia Region [ Masters Thesis]. Addis Ababa University. http://etd.aau.edu.et/handle/123456789/13745
   Google Scholar
• Arellano, M., & Bover, O. (1995). Another look at the instrumental variable estimation of error component models. Journal of Econometrics, 68, 29–52.
   Web of Science ®Google Scholar
• Balasubramanyam, V., Salisu, N., & Sapsford, D. (1996). Foreign direct investment and growth in EP and is countries. The Economic Journal, 106, 92–105.
   Web of Science ®Google Scholar
• Barro, J., & Sala-I-Martin, X. (1995). Growth (Vol. M10, 2nd ed.). MIT Press.
   Google Scholar
• Bernard, H., Marco, S., & Margherita, T., (2023). Foreign direct investment and structural transformation in Africa. RSCAS Working Papers 2023/02. European University Institute.
   Google Scholar
• Berthélemy, J., & Démurger, S. (2000). Foreign direct investment and economic growth: Theory and application to China. Review of Development Economics, Wiley Blackwell, 4(2), 140–155.
   Google Scholar
• Betelhem, D. (2016). Direct Investment in Ethiopia Economic Development: In Case of Negative and Positive Floricultural Externality in Oromia Region [ Masters Thesis]. Addis Ababa University. http://etd.aau.edu.et/handle/123456789/5045
   Google Scholar
• Bilgili, F., Kocak, E., & Bulut, U. (2016). The dynamic impact of renewable energy consumption on CO2 emissions: A revisited environmental kuznets curve approach. Renewable and Sustainable Energy Reviews, 54, 838–845.
   Web of Science ®Google Scholar
• Blomström, M., Kokko, A., & Zejan, M. (1994). Host country competition and technology transfer by multinationals, Weltwirtschaftliches Archiv. Band, 130, 521–533.
   Google Scholar
• Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, Elsevier, 87(1), 115–143.
   Web of Science ®Google Scholar
• Borensztein, E., De Gregorio, J., & Lee, J. W. (1998). How does foreign direct investment affect economic growth?. Journal of International Economics, 45, 115–135.
   Web of Science ®Google Scholar
• Brautigam, D. A., & Knack, S. (2014). Foreign aid, institutions and governance in sub-Saharan Africa. Economic Development & Cultural Change, 52(2), 255. https://doi.org/10.1086/380592
   Google Scholar
• Busse, M., & Groizard, J. L. (2008). Foreign direct investment, regulation, and growth. The World Economy, 31(4), 569–592. https://doi.org/10.1111/j.1467-9701.2007.01066.x
   Web of Science ®Google Scholar
• Carkovic, M., & Levine, R. (2005). Does foreign direct investment accelerate economic growth? In T. H. Moran, E. M. Graham, & M. Blomstrom (Eds.), Does foreign direct investment promote development?. Center for Global Development. 978-0-88132-381-8.
   Google Scholar
• Chenaf, D. (2019). Dynamic of structural change in globalized world: What is the role played by institutions in the case of sub-Saharan African countries. The European Journal of Development Research, 32(4), 998–1037. https://doi.org/10.1057/s41287-019-00250-2
   Web of Science ®Google Scholar
• Cruz, J., & Montes, M. (2020). The political economy of foreign investments and industrial development: The Philippines, Malaysia, and Thailand in comparative perspective. Journal of the Asian Pacific Economy, 25(1), 16–39. https://doi.org/10.1080/13547860.2019.1577207
   Web of Science ®Google Scholar
• Dejen, G. (2015). The impact of foreign direct investment on economic growth. The case of Ethiopia. Journal of Poverty, Investment and Development, 2422–2839.
   Google Scholar
• Grossman, M., & Elhanan, H. (1991). Trade, knowledge spillovers, and growth. European Economic Review, Elsevier, 35(2–3), 517–526.
   Web of Science ®Google Scholar
• Gudaro, A., Chhapra, I., & Sheikh, S. (2012). Impact of foreign direct investment on economic growth: A case study of Pakistan. Journal of Management and Social Sciences, 8(2), 22–30.
   Google Scholar
• Gui-Diby, S., & Renard, M. (2015). Foreign direct investment inflows and the industrialization of Africa countries. World Development, 74, 43–57. https://doi.org/10.1016/j.worlddev.2015.04.005
   Web of Science ®Google Scholar
• Haddad, M., & Harrison, A. (1993). Are there positive spillovers from direct foreign investment? : Evidence from panel data for Morocco. Journal of Development Economics, Elsevier, 42(1), 51–74.
   Web of Science ®Google Scholar
• IMF. (2020). Regional economic outlook. Sub-saharan africa: One planet, two worlds, three stories. World Economic and Financial Surveys, 0258–7440.
   Google Scholar
• Jie, L., & Shamshedin, A. (2019). The Impact Of Fdi On Industrialization In Ethiopia. The International Journal of Academic Research in Business & Social Sciences, 9(7), 726–742. https://doi.org/10.6007/IJARBSS/v9-i7/6175
   Google Scholar
• Lensink, R., & Morrissey, O. (2006). Foreign direct investment: Flows, volatility, and the impact on growth. Review of International Economics, 14(3), 478–493.
   Google Scholar
• Lucas, R. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(7), 3–42.
   Google Scholar
• Mamba, E., Ginigue, M., & Ali, E. (2020). Effect of foreign direct investment on structural transformation in West African economic and Monetary Union (WAEMU) countries. Cogent Economics & Finance, 8(1), 1–21. https://doi.org/10.1080/23322039.2020.1783910
   Web of Science ®Google Scholar
• Maroof, Z., Hussain, S., Jawad, M., & Naz, M. (2019). Determinants of industrial development: A panel analysis of South Asian economies. Quality & Quantity, 53(3), 1391–1419. https://doi.org/10.1007/s11135-018-0820-8
   Google Scholar
• McMillan, M., & Rodrik, D. (2011). Globalisation, structural change and productivity growth. NBER Working Paper, 17143.
   Google Scholar
• Mensah, J., Adu, G., Amoah, A., Abrokwa, K., & Adu, J. (2016). What drives structural transformation in sub-Saharan Africa? African Development Review, 28(2), 157–169. https://doi.org/10.1111/1467-8268.12187
   Web of Science ®Google Scholar
• Muhlen, H., & Escobar, O. (2020). The role of FDI in structural change: Evidence from Mexico. The World Economy, 43(3), 557–585. https://doi.org/10.1111/twec.12879
   Web of Science ®Google Scholar
• Muller, P. (2021). Impacts of inward fdis and ICT penetration on the Industrialisation of sub-Saharan African countries. Structural Change and Economic Dynamics, 56, 265–279. https://doi.org/10.1016/j.strueco.2020.12.004
   Web of Science ®Google Scholar
• Nair-Reichert, Weinhold, Nair-Reichert, U., & Weinhold, D. (2001). Causality tests for cross-country panels: A new look at FDI and economic growth in developing countries. Oxford Bulletin of Economics and Statistics, 63(2), 153–171. https://doi.org/10.1111/1468-0084.00214
   Web of Science ®Google Scholar
• Oduola, M., Bello, M., & Popoola, R. (2022). Foreign direct investment, institution and industrialisation in sub-Saharan Africa. Economic Change and Restructuring, 55(2), 577–606. https://doi.org/10.1007/s10644-021-09322-y
   Web of Science ®Google Scholar
• Petrakos, G., Arvanitidis, P., & Pavleas, S. (2007). Determinants of economic growth: The Expert’s view. Working Paper No. 20, Dynamic Regions in a Knowledge Driven Global Economy (DYNREG) Lessons and Policy Implications for the EU
   Google Scholar
• Pineli, A., Narula, R., & Belderbos, R. (2019). FDI, multinationals and structural change in developing countries. MERIT Working Papers.
   Google Scholar
• Prince, J., & Vijay, S. (2019). The determinants of FDI in sub-saharan economies: A study of data from 1990–2017. IJFS, MDPI, 7(3), 1–31.
   Google Scholar
• Rebelo, S. (1991). Long-Run Policy Analysis and Long-Run growth. Journal of Political Economy, University of Chicago Press, 99(3), 500–521.
   Web of Science ®Google Scholar
• Romer, P. (1990). Endogenous technological change. Journal of Political Economy, 98(5), S71–S102.
   Web of Science ®Google Scholar
• Samouel, B., & Aram, B. (2016). The Determinants of industrialization: Empirical evidence for Africa. European Scientific Journal, Special Edition, 12(10), 219–239. https://doi.org/10.19044/esj.2016.v12n10p328
   Google Scholar
• Semwanga, P. (2011). Foreign Direct Investment and Economic Growth: The Case of Uganda (1970-2007) [ Master’s Thesis]. Makerere University. http://makir.mak.ac.ug/bitstream/handle/10570/2364/semwanga-cobams-masters.pdf%
   Google Scholar
• Solow, R. M., & Solow Robert. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
   Web of Science ®Google Scholar
• Su, Y., & Liu, Z. (2016). The impact of foreign direct investment and human capital on economic growth: Evidence from Chinese cities. China Economic Review, Elsevier, 37, 97–109.
   Web of Science ®Google Scholar
• Thirion, J. (2020). FDI, regional development and structural change; the case of three states in El Bajio, Mexico. Analysis Economico, 35(90), 199–220. https://doi.org/10.24275/uam/azc/dcsh/ae/2020v35n90/Tririon
   Google Scholar
• Tiwari, A., & Mutascu, M. (2011). Economic growth and FDI in Asia: A panel data approach. Economic Analysis and Policy, 41(2), 173–187. https://doi.org/10.1016/S0313-5926(11)50018-9
   Google Scholar
• Topcu, B. (2016). The relationship between foreign direct investment and industrialization in developing countries: Panel data analysis. The Journal of Academic Social Science, 4(35), 390–400.
   Google Scholar
• World Bank. (2022). World bank atlas method. The World Bank Group.
   Google Scholar