The relationship between foreign direct investment and economic growth in SADC region from 2000 to 2019: An econometric view

Nyiko Worship Hlongwane, Tumelo Donald Mmutle and Olebogeng David Daw

MPRA Paper from University Library of Munich, Germany

Abstract: This study investigates the relationship between foreign direct investment and economic growth in SADC region from 2000 to 2019. The study utilises panel data spanning from 2000 to 2019 sourced from the World Bank. The study employs a panel ARDL and panel Error Correction Model to analyse the relationship between foreign direct investment and economic growth in SADC region. The statistical results revealed a positive statistically significant short run relationship and negative statistically significant long run relationship between foreign direct investment and economic growth.

Keywords: Foreign Direct Investment (FDI); Economic Growth; Error Correction Model; SADC; Panel ARDL model (search for similar items in EconPapers)
JEL-codes: C01 C22 E41 F15 F43 R11 (search for similar items in EconPapers)
Date: 2021-12-08
New Economics Papers: this item is included in nep-cwa, nep-fdg, nep-int and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:111008

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