Desbordes, Rodolphe; Azémar, Céline - Scottish Institute for Research in Economics (SIRE) - 2008
In this paper we diverge from the existing empirical literature on FDI determinants in two ways. First, we decompose the sources of the foreign direct investment (FDI) gap between Sub-Saharan Africa (SSA) and other developing regions. Once market size has been accounted for, we nd that SSA's FDI...