What drives Indian Non-SOE FDI into Africa?

Ankur Bhatnagar

African Journal of Economic Review, 2021, vol. 09, issue 4

Abstract: This paper puts FDI received by Africa from Indian enterprises that are not owned by State owned enterprises (non-SOE) under the empirical lens, placing it within a broader mandate of increasing Indo-African relations beyond trade. The use of international business literature for a qualitative regression analysis using panel data for 2008-18 shines a light on the host country factors that drive FDI to Africa. These include country alliances, GDP and net overseas development assistance of host African countries. This analysis contributes to the sparse literature on African FDI inflows from developing countries like India. It also pioneers the distinction between Indian SOEs and non-SOEs in an empirical analysis.

Keywords: Financial Economics; International Development (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/315824/files/Bhatnagar.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:afjecr:315824

DOI: 10.22004/ag.econ.315824

Access Statistics for this article

More articles in African Journal of Economic Review from African Journal of Economic Review
Bibliographic data for series maintained by AgEcon Search ().