Using data from 58 countries and the period 1980 to 2003, this paper analyzes how the size of government affects unemployment in developing countries. According to the regression results, a large government sector is likely to increase unemployment. A large share of government consumption in...

This study conducts an empirical investigation of the effects of fiscal incentives on investment in Nigeria. We constructed two indexes of fiscal incentives which track the different types and stages of incentives embarked upon since the 1970s and these indexes are then included in both private...

Given the role of foreign direct investment in the development process, one of the most important challenges facing Africa is how to attract foreign direct investment. A number of attempts have been made, but most have been unsuccessful because of various factors that work against the business...

This paper draws attention to the implications of the foreign direct investment (FDI) in the presence of monopoly power of multinational enterprises (MNEs) in the industries that are natural monopolies of a developing host country. We also take into account the MNEs' behavior that relies on the...

Financial development is definitely a determinant of the extent of foreign direct investment (FDI) inflow into an economy. Yet, the contribution of financial development (FD) can be dependent on the political situation of the recipient nation. Higher political stability aids financial...

The main objective of this paper is to estimate the contributions of Foreign Direct Investment (FDI) to the aggregate growth and whether FDI have had an impact on total factor productivity (TFP) of Turkey for the period 1960-2005 using aggregate production function. This paper argues that the...

Technological diffusion is mainly measured by the impact of Foreign Direct Investment presence on Total Factor Productivity or on a number of constructed output related indices. We apply an alternative process where the influx of more advanced technology introduced by foreign firms alters the...

Despite plausible theoretical grounds for presuming a positive relationship between foreign direct investment inflows (FDI) and economic growth, existing empirical evidence on this nexus is inconclusive. In an effort to add to the empirical literature, this paper estimates the relationship...

Using a dynamic vector error correction model, catering for dynamic, endogeneity and causality issues, the present study addresses the important question of whether foreign direct investment in the manufacturing sector enhances the productivity of the sector in Mauritius using time series data...

This study empirically examined the effect of foreign direct investment inflow and its volatility on domestic investment in the ECOWAS region as FDI inflow is theoretical recognized as an important catalyst to bridge the Savings gap. The recent Panel Data Cointegration technique of estimation...