Emako, Ezo; Ali, Seid Nuru; Menza, Mesfin - In: Cogent economics & finance 10 (2022) 1, pp. 1-23
This paper investigates the effects of foreign direct investment (FDI) on structural transformation using panel data … effect on the structural transformation. In addition, the paper explores the channels through which FDI affects structural … transformation. The Principal Component Analysis (PCA) indicates that structural change contributes 55.95 percent to structural …