Economics at your fingertips  

Reverse FDI in Europe: An Analysis of Angola's FDI in Portugal

Carlos Barros, Bruno Damásio and Joao Faria ()

African Development Review, 2014, vol. 26, issue 1, 160-171

Abstract: type="main" xml:lang="en">

This paper analyses foreign direct investment (FDI) of Angola in Portugal. The reverse investment of African countries in Europe is a recent economic event that needs to be analysed, theoretically explained and empirically tested. A dynamic theoretical model is presented and a Bayesian model tests the model validating it. The results reveal that imports and corruption increase Angola FDI in Portugal. Some variables affect negatively Angola FDI in Portugal such as lagged Angola FDI, signifying an autoregressive negative effect in Portugal; the Portuguese official development assistance (ODA) to Angola, which are direct transfers from Portugal to Angola; and Angola's GDP. Policy implications are discussed.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
Journal Article: Reverse FDI in Europe: An Analysis of Angola's FDI in Portugal (2014)
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:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1017-6772

Access Statistics for this article

African Development Review is currently edited by John C. Anyanwu, Hassan Aly and Kupukile Mlambo

More articles in African Development Review from African Development Bank Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2021-10-23
Handle: RePEc:bla:afrdev:v:26:y:2014:i:1:p:160-171