Is foreign direct investment good for the poor? New evidence from African countries

被引：61

作者：

Fowowe B. ^{[1
]}

Shuaibu M.I. ^{[1
]}

机构：

[1] Department of Economics, University of Ibadan, Ibadan

来源：

Economic Change and Restructuring | 2014年 / 47卷 / 4期

关键词：

Africa; Foreign direct investment; Panel data; Poverty; System and difference GMM;

D O I：

10.1007/s10644-014-9152-4

中图分类号：

学科分类号：

摘要：

This paper conducts an empirical investigation of the relationship between foreign direct investment (FDI) inflows and poverty in selected African economies. Using system generalised method of moments, our findings showed that FDI inflows have significantly contributed to poverty reduction in African countries. Our results also showed that better institutional quality and human capital development are associated with reducing poverty. Furthermore, interacting FDI with financial development was found to significantly reduce poverty, thus providing support to the hypothesis that better functioning financial systems enhance the efficiency of FDI in reducing poverty. © 2014, Springer Science+Business Media New York.

引用

页码：321 / 339

页数：18

共 39 条

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