CAUSAL NEXUS AMONG EXPORTS, FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH REVISITED: NEW EVIDENCE FROM SUB-SAHARAN AFRICA

Rıfat Barış TEKİN

doi:https://doi.org/10.24954/JORE.2018.23

Makale detayları

CAUSAL NEXUS AMONG EXPORTS, FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH REVISITED: NEW EVIDENCE FROM SUB-SAHARAN AFRICA

Yazarlar:

Rıfat Barış TEKİN

Yayıncı:

Marmara University

Ana Başlıklar:

Yönetim

Dergi:

Journal of Research in Economics 2018 Vol.2 Issue 2, pp.208-223

Belge Tipi:

Makale

Yayın Tarihi:

10/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000493745

Sıklık:

İki Yıllık

eISSN:

2636-8307

pISSN:

2636-8307

DOI:

https://doi.org/10.24954/JORE.2018.23

Özet:

 


This paper investigates causality relations
among exports, foreign direct investment and economic growth in Sub-Saharan
Africa. A new panel-data causality testing approach is developed in the
article, which is based on Bayesian estimation of Seemingly Unrelated
Regression (SUR) systems. The study covers the period between 1970 and 2017 and
tests for both unidirectional and bidirectional causality relations for a group
of 13 Sub-Saharan African countries. Findings suggest a direct,
one-period-ahead, unidirectional causality from exports to GDP growth in
Burkina Faso, Madagascar, Nigeria, Rwanda, Senegal and Sierra Leone. Test results provide evidence of growth-led
exports in Benin, Democratic Republic of the Congo, Kenya and Niger. This study
also provides valuable insights into causality relations between FDI and economic
growth, and exports and FDI pairs.

.

Makale detayları

CAUSAL NEXUS AMONG EXPORTS, FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH REVISITED: NEW EVIDENCE FROM SUB-SAHARAN AFRICA

Yazarlar: Rıfat Barış TEKİN

Yayıncı: Marmara University

Ana Başlıklar: Yönetim

Dergi: Journal of Research in Economics 2018 Vol.2 Issue 2, pp.208-223

Belge Tipi: Makale

Yayın Tarihi: 10/2018

Belge Dili: İngilizce

Document ID (Org No.): 2000493745

Sıklık: İki Yıllık

eISSN: 2636-8307

pISSN: 2636-8307

DOI: https://doi.org/10.24954/JORE.2018.23

Sayı

Yazarlar:

Rıfat Barış TEKİN

Yayıncı:

Marmara University

Ana Başlıklar:

Yönetim

Dergi:

Journal of Research in Economics 2018 Vol.2 Issue 2, pp.208-223

Belge Tipi:

Makale

Yayın Tarihi:

10/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000493745

Sıklık:

İki Yıllık

eISSN:

2636-8307

pISSN:

2636-8307

DOI:

https://doi.org/10.24954/JORE.2018.23