La stabilité macroéconomique conditionne-t-elle l'impact des IDE sur la croissance économique et l'émergence ?. Une étude empirique sur des pays d'Afrique, d'Amérique latine, des Caraïbes et d'Asie

Lahsen Abdelmalki, Monnet Benoît Patrick Gbakou, Mustapha Sadni Jallab () and René Sandretto

Mondes en développement, 2012, vol. n°158, issue 2, 101-114

Abstract: This paper tests for the relationship between foreign direct investment (FDI) and economic growth among some developing countries distributed between three geographic areas, over the period 1990-2005. Our results are derived from the 3SLS estimator. Our main findings show that FDIs do positively affect economic growth in Africa and Latin America/the Caribbean. On the other hand, macroeconomic instability does exert a negative effect and limits the effect of FDI on economic growth in Africa.

Keywords: foreign direct investment; economic growth; macroeconomicstability; three stage least squares; developing countries (search for similar items in EconPapers)
Date: 2012
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