925
Views
0
CrossRef citations to date
0
Altmetric
ECONOMETRICS

An empirical investigation of the impact of foreign direct investment on economic growth in Ethiopia

Article: 2281176 | Received 19 Apr 2022, Accepted 03 Nov 2023, Published online: 15 Nov 2023

References

  • Admas, S. (2009). Effect of foreign direct investment on economic growth in in sub-Saharan African. Journal of Policy Modelling, 31(6), 939–18. https://doi.org/10.1016/j.jpolmod.2009.03.003
  • Agarwal, P. (2017, December 26). Retrieved from https://www.intelligenteconomist.com/author/prateekAgarwal/.
  • Blomström, M. (2002). The Economics of International Investment Incentives. https://www.oecd.org/daf/inv/investment-policy/2487874.pdf
  • Chukwuka, I., & Stella, E. (2012). Economic Growth and Foreign Direct Investment in Nigeria: An Empirical Investigation. Journal of Economics and Sustainable Development, 3. .
  • Cockcro, L., & Ridde, R. C. (1991). Foreign direct investment in sub-Saharan Africa. Policy, Research, and External Affairs Working Papers.
  • Cook, N. R., & Ware, J. H. (2018). Design Analysis Methods for Longitudinal Research. Retrieved from www.annualreviews.org.
  • Dejene, G. (2015). The impact of foreign direct investment on economic growth. The case of Ethiopia. Journal of Poverty, Investment and Development, 15, 34–42. .
  • Denisia, V. (2010). Foreign direct investment theories: An overview of the main FDI theories. European Journal of Interdiscipilinary Studies, (3). https://ssrn.com/abstract=1804514
  • Dunning, J. H. (1993). Multinational enterprises and the global economy. MPRA paper. https://mpra.ub.unimuenchen.de/18660/
  • Ek, A. (2007). The impact of FDI on economic growth, the case of China.
  • Ethiopian Investment Commission, (2019). Ethiopan Investment Report.
  • G/Eyesus M.,Beshah B., Abebe, G. 2017 Foreign Direct Investment in Ethiopia: Challenges, Opportunities and Policy Options for Effective Use to Stimulate. Policy Studies Institute. https://www.psrc.gov.et
  • Gujarati, D. (2004). Basic Econometrics. The McGraw−Hill Companies.
  • Hassen, S., & Anis, O. (2012). Foreign direct investment (FDI) and economic growth: An approach in terms of cointegration for the case of Tunisia. Journal of Applied Finance & Banking, 2(4), 193–207.
  • Hodrab, R., Maitah, M., & Kuzmenko, E. (2016). The effect of foreign direct investment on economic growth: The case of palastine. Proceedings of the 2015 WEI International Academic Conference, Prague, Czech Republic, May (pp. 81–87).
  • Ilhan, O. (2007). Foreign direct investment - growth nexus: A review of the recent literature. International Journal of Applied Econometrics and Quantitative Studies, 4(2), 79–98. https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.usc.es%2Feconomet%2Freviews%2Fijaeqs424.pdf;h=repec:eaa:ijaeqs:v:4:y2007:i:2_4
  • Ioan, B., Mozi, R. M., Lucian, G., Gheorghe, F., Horia, T., Ioan, B., & Mircea-Iosif, R. (2020). An empirical investigation on determinants of sustainable economic growth. Lessons from Central and Eastern European countries. Journal of Risk and Financial Management, 13(7), 146. https://doi.org/10.3390/jrfm13070146
  • Joshua, U., Babatunde, D., & Asumadu, S. (2021). Sustaining economic growth in sub-Saharan Africa: Do FDI inflows and external debt Count? Journal of Risk and Financial Management, 14(4), 146. https://doi.org/10.3390/jrfm14040146
  • Killen, T., & Ghimire, J. (2016). Foreign direct investment. Nathan Associates.
  • Lall, S. (2000). FDI and development: Policy and Research issues in the emerging context. Queen Elizabeth House, University of Oxford.
  • Mabey, N., & McNally, R. (1998). Foreign direct investment and the environment: From pollution havens to sustainable development, a WWF-UK report.
  • Mahembe, E., & Odhiambo, N. (2014). Foreign direct investment and economic growth: A Theoretical framework. Journal of Governance & Regulation, 3(2), 63–70. https://doi.org/10.22495/jgr_v3_i2_p6
  • Meskerem, D. (2014). Impact of foreign direct investment on economic growth of Ethiopia: A time series empirical analysis, 1974-2011. Addis Ababa.
  • Mohammed, B., & Abadi, A. (2011). The impact of foreign direct investment on economic growth in Jordan. Journal of IJRRAS, 8, 254–258. https://www.arpapress.com
  • Moran, T. H. (1998). Foreign direct investment and development. Institute for International Economics.
  • Mulatie, C. (2017). The effect of foreign direct investment on economic growth in Ethiopia; an empirical investigation. International Journal of Current Research, 9(9), 58301–58306. https://www.journalcra.com
  • Mwangi, K. (2014). The effect of foreign direct investments on economic growth in Kenya. http://hdl.handle.net/11295/74828
  • OECD. (2002). Foreign direct investment for development: Maximizing benefits and minimizing costs. OECD Publications Service.
  • OECD. (2008). Organisation for economic Co-Operation and development benchmark Definition of foreign direct investment ISBN 978-92-64-04573-6.
  • Oman, C. (2000). Policy Competition for Foreign Direct Investment : A study of Competition among Governments to Attract FDI OECD Development Centre. https://doi.org/10.1787/9789264181083-en
  • Pesaran, H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326. https://doi.org/10.1002/jae.616
  • Riyath, M. I. (2018). Toda and Yamamoto causality test between US $ exchange rates and stock market prices in Sri Lanka. South Asian Journal of Social Studies and Economics, 1–9. https://doi.org/10.9734/sajsse/2018/v2i325852
  • Shettima, M., & Saleh, M. (2017). Foreign direct investment and economic growth: A test of Granger causality in Nigeria. African Journal of Research and Sustainable Development, 5. .
  • Sokang, K. (2018). The impact of foreign direct investment on the economic growth in Cambodia: Empirical evidence. International Journal of Innovation and Economic Development, 4(5), 31–38. https://doi.org/10.18775/ijied.1849-7551-7020.2015.45.2003
  • Tang, C. F., & Chau, S. Y. (2009). The savings-growth nexus in Malaysia: Evidence from nonparametric analysis. The IUP Journal of Financial Economics, 7(3&4), 83–94. https://ssrn.com/abstract=1524753
  • Teodor, F., & Constantinescu, L. (2015). The main determinants affecting economic growth. Transylvania University.
  • UNCTAD. (2019). Handbook of statistics 2019 - economic trends: Foreign direct investment. https://unctad.org/system/files/official-document/tdstat44_FS09_en.pdf
  • Urgessa, F. (2020). Impact of foreign direct investment on economic growth in Ethiopia. American Journal of Theoretical and Applied Business, 6(4), 72–78. https://doi.org/10.11648/j.ajtab.20200604.14
  • Verbeke, A. M. (2008). Internalization theory and its impact on the field of international Business. Journal of Research in Global Strategic Management, 14. https://doi.org/10.1016/S1064-4857(08)00003-X
  • Wondoson. (2011). The impacts of foreign direct investment capital inflows on economic growth, saving and investment. Addis Ababa University.
  • World Bank. (2020). Global investment competitiveness report 2019/2020: Rebuilding investor confidence in times of uncertainty.