Foreign direct investment determinants in Mano River Union countries: Micro and macro evidence

Rodrigo Martins, Jorge Cerdeira, Miguel Fonseca and Mohamed Barrie

South African Journal of Economics, 2022, vol. 90, issue 3, 408-424

Abstract: We analyse the determinants of foreign direct investment (FDI) in Mano River Union countries (Côte d'Ivoire, Guinea, Liberia and Sierra Leone), using firm and country levels data to examine the differences and similarities in FDI drivers across these economies. Our results show that international trade, investment in infrastructures and access to credit positively impact FDI. While credit and trade have a similar influence across countries, the effect of investment is distinct, raising political implications for policy coordination and highlighting the relevance of cooperation among states. Also, policies that boost human capital, and political and economic stability, are relevant, as they augment FDI inflows.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/saje.12301

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:bla:sajeco:v:90:y:2022:i:3:p:408-424

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0038-2280

Access Statistics for this article

South African Journal of Economics is currently edited by Philip A. Black

More articles in South African Journal of Economics from Economic Society of South Africa Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().