The Slow growth of Foreign Direct Investment in Central African Republic

Pacific Yapatake ()
Additional contact information
Pacific Yapatake: Zhejang University, Hangzhou, China.

No 17/001, CEREDEC Working Papers from Centre de Recherche pour le Développement Economique (CEREDEC)

Abstract: Large amounts of foreign direct investment have been attracted by many African countries. Yet the Central African Republic is by far less attractive in the perspective of potential investors. The aim of this paper is to investigate the slow inflows and growth of FDI in the country. In the short-run and long-run we found out that the Gross Domestic Product growth, the domestic credit to private sector, the electricity production and the quality of public administration are not significant. The Error Correction Mechanism is significant at 0.05 which demonstrates that the speed of adjustment of the model from short-run to long-run is about 46%. It is very important for Central African Republic to renovate the national electricity supply company by increasing the hydro- electric production.

Keywords: Slow Growth of FDI; ECM; Long -run; Short-run; Central African Republic (search for similar items in EconPapers)
JEL-codes: C52 F21 F23 P37 P39 (search for similar items in EconPapers)
Pages: 16
Date: 2017-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Forthcoming: Global Business Review

Downloads: (external link)
http://publications.ceredec.org/RePEc/aby/aby-wpap ... African-Republic.pdf Revised version, 2017 (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:aby:wpaper:17/001

Access Statistics for this paper

More papers in CEREDEC Working Papers from Centre de Recherche pour le Développement Economique (CEREDEC)
Bibliographic data for series maintained by Anutechia Asongu Simplice ().