The foreign direct investment-Export performance nexus: An ARDL based empirical evidence from Ethiopia

References

• Ethiopian Investment Commission. (2020). Spices Sector Investment Profile.
   Google Scholar
• Acaravci, A., & Ozturk, I. (2012). Foreign direct investment, export and economic growth: empirical evidence from new EU Countries. Romanian Journal of Economic Forecasting, 0 (2), 52–15 https://ideas.repec.org/a/rjr/romjef/vy2012i2p52-67.html. Institute for Economic Forecasting.
   Google Scholar
• Alguacil, M., Cuadros, A., & Orts, V., et al. (2002). Foreign direct investment, exports and domestic performance in Mexico: A causality analysis. Economics Letters, 77(3), 371–376. https://doi.org/10.1016/S0165-1765(02)00150-7
   Web of Science ®Google Scholar
• Axinn, C. N. (1988). Export performance: do managerial perceptions make a difference? International Marketing Review, 5(2), 61–71. https://doi.org/10.1108/eb008353
   Google Scholar
• Danish, A. S., Mohsin, H. A., & Muhammad, A., et al. (2013). The causal relationship between foreign direct investment and current account: an empirical investigation for Pakistan economy. Theoretical and Applied Economics, 8(585), 93–106 https://ideas.repec.org/a/agr/journl/vxxy2013i8(585)p91-106.html.
   Google Scholar
• Dickey, D., & Fuller, W. (1979). Distribution of the estimators of autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427–431 doi:10.1080/01621459.1979.10482531.
   Web of Science ®Google Scholar
• Dynan, K., & Sheiner, L. (2018). GDP as A measure of economic well-Being. Hutchins Center Working Paper No. 43 https://www.brookings.edu/wp-content/uploads/2018/08/WP43-8.23.18.pdf.
   Google Scholar
• Fitawek, W. B., & Kalaba, M. (2016). The role of trade policy on Ethiopia’s leather industry: Effect of export tax on competitiveness. In 5th international conference of the African association of agricultural economists, Addis Ababa, Ethiopia https://www.semanticscholar.org/paper/The-role-of-trade-policy-on-Ethiopia%E2%80%99s-leather-of-Fitawek-Kalaba/55e23b4bf716be4680fdd9fce87c75ad109a6def.
   Google Scholar
• Gamariel, G., & Hove, S. (2019). Foreign direct investment and export competitiveness in Africa: investigating the channels. Journal of African Trade, 6(1–2), 30–46. https://doi.org/10.2991/jat.k.191115.001
   Google Scholar
• Gebremariam, T. K., Batu, M.M., and Tola, S. (2018). The effect of real effective exchange rate on balance of payments in Ethiopia: A co-integrated VAR approach. Journal of Economics and International Finance, 10(12), 156–165.
   Google Scholar
• Ghouse, G., Khan, S. A., & Rehman, A. U., et al. (2018). ARDL model as a remedy for spurious regression: problems, performance and prospectus. Munich Personal Repec Archive, Paper No. 83973.
   Google Scholar
• Goswami, C., & Saikia, K. K. (2012). FDI and its relation with exports in India: status and prospect in North East Region. Procedia - Social and Behavioral Sciences, 37(2012), 123–132. https://doi.org/10.1016/j.sbspro.2012.03.280
   Google Scholar
• Goswami, N. (2013). Determinants of trade development: panel evidence from South Asia. South Asia Economic Journal, 14(1), 17–33. https://doi.org/10.1177/1391561413477930
   Google Scholar
• Hailu, Z. A. (2010). Impact of foreign direct investment on trade of African Countries. International Journal of Economics and Finance, 2(3), 122–133. https://doi.org/10.5539/ijef.v2n3p122
   Google Scholar
• Kinoshita, Y. (2011). Sectoral composition of FDI and external vulnerability in Eastern Europe. IMF Working Paper, WP/11/123.
   Google Scholar
• Kokko, A., Zejan, M., & Tansini, R., et al. (2001). Trade regimes and spillover effects of FDI: evidence from Uruguay. Weltwirtschaftliches Archiv, 137, 124–149. https://doi.org/10.1007/BF02707603
   Google Scholar
• Mano, R. C., Osorio-Buitron, C., Ricci, L. A., & Vargas, M., et al. (2019). The level real effective exchange rate model in the external balance assessment methodology. IMF Working Paper, WP/19/192.
   Google Scholar
• McGuinness, N. W., & Little, B. (1981). The influence of product characteristics on the export performance of new industrial products. Journal of Marketing, 45(2), 110–122. https://doi.org/10.1177/002224298104500211
   Web of Science ®Google Scholar
• Mijiyawa, A. G. (2017). Does foreign direct investment promote exports? evidence from African Countries. The World Economy, 40(9), 1934–1957. https://doi.org/10.1111/twec.12465
   Web of Science ®Google Scholar
• Mitic, B., & Ivić, M. (2016). The impact of foreign direct investment on export performance: case of European transition economies. Independent Journal of Management and Production, 7(3), 771–785. https://doi.org/10.14807/IJMP.V7I3.440
   Web of Science ®Google Scholar
• Mukhtarov, S., Alalawneh, M. M., Ibadov, E., & Huseynli, A., et al. (2019). The impact of foreign direct investment on exports in Jordan: an empirical analysis. Journal of International Studies, 12(3), 38–47. https://doi.org/10.14254/2071-8330.2019/12-3/4
   Google Scholar
• Nwanna, G. (1986). The contribution of foreign direct investment to exports: an empirical study of 23 LDCs. Intereconomics – Review Of European Economic Policy (1966-1988), ZBW - Leibniz Information Centre For Economics, 21(6), 277–282. https://doi.org/10.1007/BF02925173
   Google Scholar
• OECD. (2008). OECD Benchmark Definition of Foreign Direct Investment: Fourth Edition.
   Google Scholar
• Popovici, O. C. (2018). The impact of FDI on EU export performance in manufacturing and services: A dynamic panel data approach. Romanian Journal of Economic Forecasting, Institute for Economic Forecasting, 0(1), 108–123 https://www.researchgate.net/publication/324674572_The_impact_of_FDI_on_EU_export_performance_in_manufacturing_and_services_A_dynamic_panel_data_approach.
   Google Scholar
• Razmi, A. (2005). The effects of export-Oriented, FDI-Friendly policies on the balance of payments in a developing economy: A general equilibrium investigation. Working Paper Series. 66, University Of Massachusetts Amherst, Economics Department.
   Google Scholar
• Samantha, N. P. G. (2018). The effect of foreign direct investment on trade: empirical evidence from Sri Lanka. Global Journal of Economics and Business, 5(1), 87–95. Available online at http://www.refaad.com. https://doi.org/10.31559/GJEB2018.5.1.5
   Google Scholar
• Selimi, N., Sadiku, D. S. L., & Reçi, M. K., et al. (2016). The impact of foreign direct investment on the export performance: empirical evidence for Western Balkan Countries. ILIRIA International Review, 6(1), 57–66. https://doi.org/10.21113/iir.v6i1.235
   Google Scholar
• Sharma, K. (2000). Export growth In India: has FDI played A role? Center Discussion Paper No816, Economic Growth Center, Yale University.
   Google Scholar
• Tafese, A. (2018). Effect of foreign direct investment on Ethiopian economic growth (in case study of negative and positive floricultural externality in Oromia region). Master’s Thesis, Addis Ababa University.
   Google Scholar
• Temesgen, T. (2016). The impact of real effective exchange rate on trade balance in Ethiopia. Master’s Thesis, Addis Ababa University Master’s Thesis, Addis Ababa, Ethiopia.
   Google Scholar
• Temiz, D., & Gökmen, A. (2009). Foreign direct investment and export in Turkey: the period of 1991–2008. Paper presented at Econanadolu 2009: Anadolu international conference in economics, Eskişehir, Turkey, June 17-19, 2009.
   Google Scholar
• UNCTAD. (2007). World Investment Report: Transnational Corporations, Extractive Industries and Development.
   Google Scholar
• UNCTAD. (2018). World Investment Report: Investment and New Industrial Policies.
   Google Scholar
• World Bank Group. (2014). 3rd Ethiopia Economic Update: Strengthening Export Performance through Improved Competitiveness.
   Google Scholar
• Zhang, K. H. (2005). How does FDI affect a Host Country’s export performance? the case of China. Paper presented in international conference of WTO, China, and the Asian Economies, III, Xi’an, China, June 25-26, 2005.
   Google Scholar
• Zhang, K. H. (1999). Foreign direct investment and economic growth: evidence from Ten East Asian Economies. Economia Internazionale/International Economics, 52(4), 517–535.
   Google Scholar