Agbloyor, Elikplimi Komla; Abor, Joshua; Adjasi, … - In: Research in International Business and Finance 28 (2013) C, pp. 118-134
This paper sets out to explore the causality links between financial markets and foreign direct investment (FDI) in Africa. We use proxies for the banking sector and stock market to capture financial market development. We run separate estimations for the banking and stock market samples....