This study examines trade openness, hydroelectric power production, and foreign direct investment (FDI) nexus on economic growth in Nigeria. Despite efforts toward trade liberalisation, Nigeria's growth remains constrained due to heavy reliance on oil and minerals exports. Furthermore,...

Somalia has one of the most severe unemployment rates globally, due to its economic instability. Our study focuses on the macroeconomic effects on employment using an ARDL model. The key macroeconomic variables examined are GDP, inflation, FDI, foreign aid, and population growth, with data...

The main objective of this quantitative study is to ascertain the effect of foreign direct investment, real exchange rate, remittances, and import on economic growth in Ghana. Secondary data on gross domestic product, foreign direct investment, real exchange rate, remittances, import, and gross...

This empirical study examines the role of information and communication technology (ICT) in the relationship between FDI and environmental quality for six leading African economies from 1970 to 2020. The second-generation tests are used to determine the stationarity level of the variables....

This study examines causal relationship between foreign direct investment (FDI) inflows and economic growth in Tanzania during 1990-2020. As financial development and trade were not incorporated in extant studies, we included them as intermediate variables because of their intermediation role in...

The current study investigates the impact of foreign direct investment on the growth of Namibia's economy from 1990 to 2020 using the ARDL cointegration method. The results reveal that FDI, the interactive variable of FDI and trade openness, and other macroeconomic variables such as domestic...

This paper analyzes the contribution of foreign direct investment (FDI) to economic growth in Côte d'Ivoire, for the period 1980-2019. We use the World Development Indicators (World Bank) database. The Autoregressive Distributed Lag (ARDL) cointegration approach results show that, in the short...

The main objective of this study is to empirically investigate the impact of foreign direct investment on economic growth of Ethiopia by using a time series data for the period 1992-2019. Other explanatory variables like trade openness, human capital, national saving and gross capital formation...

This research aims to identify the impact of agriculture, forest and fishing value-added on international business, capital flow, and economic growth for India from 2000 to 2022, by examining short-term and long-term equilibrium using the Auto Regressive Distributive lag (ARDL) approach....

In this paper, we examine the determinants of outward FDI from four major OECD investors, namely, the US, Germany, France, and the Netherlands, to 129 developing countries classified under five regions over the period 1995-2008. Our goal is to distinguish whether the motivation for FDI differs...