The paper presents econometric analysis of relationship between foreign direct investment and international trade. Theory suggests that complementarity or substitutability between exports/imports and FDI depend on types of FDI and disaggregation level. Nevertheless, most empirical works find...

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...