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migrant remittances. We find that FDI decreases substantially as a result of terrorist activity, whereas portfolio investments … show little change. In contrast, migrant remittances show a significant increase. These differences are also evident in … foreign private capital flees an economy suffering from terrorism whereas migrant remittances are the only financial flows …
Persistent link: https://www.econbiz.de/10012142455
We analyze the interlinkages between foreign direct investment (FDI) and foreign portfolio investment (FPI) between Germany and the major economies. First, we show that Tobin’s q helps explaining the variation of the growth rate of the stock of FDI. Second, we show that foreign and the home...
Persistent link: https://www.econbiz.de/10011604861
Workers’ remittances have become the second largest source of net financial flows to developing countries. However, the … main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus … investment motive. Finally, migrants’ skills raise remittances, while a large informal economy in the sending country depresses …
Persistent link: https://www.econbiz.de/10011604734
Is there a pecking order of cross-border investment in that countries become financially integrated primarily through some types of investment rather than others? Using a novel database of bilateral capital stocks for all types of investment – FDI, portfolio equity securities, debt securities...
Persistent link: https://www.econbiz.de/10011604636
The purpose of the study was to examine the relationship between remittances, financial sector development, and … economic growth in Nigeria over the period 1981 to 2017. The study used the autoregressive distributed lag (ARDL) model to … are bound together in the long-run. The results also showed that remittances have a negative and significant effect on …
Persistent link: https://www.econbiz.de/10012036701
In this study, we examine the mediating roles of institutions in the remittances growth relationship for some reasons … revealed that remittances inflow positively influence growth, but when institutional factors interact with the remittances … results revealed that remittances inflow was negatively related with growth, but when interacted with institutional measures …
Persistent link: https://www.econbiz.de/10012389217
investments in Africa, and information provided by more than 75 UK companies operating in Ghana, Kenya, Nigeria and South Africa …
Persistent link: https://www.econbiz.de/10012213559
This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and … 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate … need for smaller family size has to be an integral part of policy aimed at poverty reduction in Nigeria. The support of the …
Persistent link: https://www.econbiz.de/10011310239
We investigate the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that African economies that export natural resources have...
Persistent link: https://www.econbiz.de/10011918494
This paper tests the endogenous relationship between FDI growth and economic growth using a panel dataset for 23 OECD countries for the period 1975-2004. In particular we estimate a two-equation simultaneous equation system with the generalized methods of moments (GMM) that treats economic...
Persistent link: https://www.econbiz.de/10011807193