Mutenyo, John; Asmah, Emmanuel; Kalio, Aquilars - In: The African Finance Journal 12 (2010) 1, pp. 27-52
This study investigates the impact of FDI on domestic private investment, specifically whether FDI has positive spill-over effects (crowding-in) or negative spill-over effects (crowding-out) on domestic private investment. The study uses a flexible accelerator investment model, which was...