South–South FDI: is it really different?
Robert Gold (),
Aoife Hanley and
Additional contact information
Holger Görg: Kiel Institute for the World Economy
Adnan Seric: United Nations Industrial Development Organization
Review of World Economics (Weltwirtschaftliches Archiv), 2017, vol. 153, issue 4, 657-673
Abstract We compare the performance of Northern and Southern multinationals in Sub-Saharan Africa, and contrast it with local firms in the host country. Employing unique firm level data for 19 Sub-Saharan African countries, we show that firms receiving FDI outperform domestic ones, while the origin of the foreign investor is of minor importance. We use three different definitions of “South” to compare Northern and Southern FDI. Overall, we do not find strong differences in terms of firm productivity growth between Northern and Southern FDI, irrespective of how the latter is defined. However, we find that employment growth is generally higher for firms receiving FDI from other African investors as compared to Northern FDI, and they also receive more technology transfer from their parent company abroad.
Keywords: South–south FDI; Productivity; Performance differences; Africa (search for similar items in EconPapers)
JEL-codes: F23 O14 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s10290-017-0289-x Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Working Paper: South-South FDI: Is it really different? (2017)
Working Paper: South-South FDI: Is It Really Different? (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:weltar:v:153:y:2017:i:4:d:10.1007_s10290-017-0289-x
Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10290/PS2
Access Statistics for this article
Review of World Economics (Weltwirtschaftliches Archiv) is currently edited by Paul Bergin, Holger Görg, Cédric Tille and Gerald Willmann
More articles in Review of World Economics (Weltwirtschaftliches Archiv) from Springer, Institut für Weltwirtschaft (Kiel Institute for the World Economy) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().