Nxumalo, Immaculate Simiso; Makoni, Patricia Lindelwa - In: Economies : open access journal 9 (2021) 4, pp. 1-16
This study investigates the cointegrating and causality relationships between foreign direct investment (FDI), foreign … significant cointegrating relationships between institutional quality and the foreign capital inflows (FDI and FPI), the results … confirmed unidirectional causality from FDI and FPI to institutional quality in the long run. The results further suggested that …