Emerging Economies' versus Advanced Countries' Investment Impact in Africa

This paper provides evidence on the labor productivity growth and employment impacts of foreign direct investment in selected countries in Africa over the years 2001-2012. It uses data from five emerging economies (Brazil, Russia, India, China, and...

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Main Authors: Ezemenari, Kene, Tiruneh, Esubalew Alehegn, Wamboye, Evelyn
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/983731482352090576/Emerging-economies-versus-advanced-countries-investment-impact-in-Africa
http://hdl.handle.net/10986/25831
id okr-10986-25831
recordtype oai_dc
spelling okr-10986-258312021-06-08T14:42:46Z Emerging Economies' versus Advanced Countries' Investment Impact in Africa Ezemenari, Kene Tiruneh, Esubalew Alehegn Wamboye, Evelyn foreign direct investment direct foreign investment labor productivity employment BRICS G7 emerging economies This paper provides evidence on the labor productivity growth and employment impacts of foreign direct investment in selected countries in Africa over the years 2001-2012. It uses data from five emerging economies (Brazil, Russia, India, China, and South Africa) and advanced countries (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States of America). The estimation, using system generalized method of moments, shows that foreign direct investment from emerging economies and advanced countries has increased labor productivity growth and employment in Africa, when human capital and governance are controlled for. However, the level of impact varies based on the origin of investment. 2017-01-10T17:57:32Z 2017-01-10T17:57:32Z 2016-12 Working Paper http://documents.worldbank.org/curated/en/983731482352090576/Emerging-economies-versus-advanced-countries-investment-impact-in-Africa http://hdl.handle.net/10986/25831 English en_US Policy Research Working Paper;No. 7928 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Sub-Saharan Africa Brazil Canada China France India Italy Japan Russian Federation South Africa United Kingdom United States
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic foreign direct investment
direct foreign investment
labor productivity
employment
BRICS
G7
emerging economies
spellingShingle foreign direct investment
direct foreign investment
labor productivity
employment
BRICS
G7
emerging economies
Ezemenari, Kene
Tiruneh, Esubalew Alehegn
Wamboye, Evelyn
Emerging Economies' versus Advanced Countries' Investment Impact in Africa
geographic_facet Africa
Sub-Saharan Africa
Brazil
Canada
China
France
India
Italy
Japan
Russian Federation
South Africa
United Kingdom
United States
relation Policy Research Working Paper;No. 7928
description This paper provides evidence on the labor productivity growth and employment impacts of foreign direct investment in selected countries in Africa over the years 2001-2012. It uses data from five emerging economies (Brazil, Russia, India, China, and South Africa) and advanced countries (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States of America). The estimation, using system generalized method of moments, shows that foreign direct investment from emerging economies and advanced countries has increased labor productivity growth and employment in Africa, when human capital and governance are controlled for. However, the level of impact varies based on the origin of investment.
format Working Paper
author Ezemenari, Kene
Tiruneh, Esubalew Alehegn
Wamboye, Evelyn
author_facet Ezemenari, Kene
Tiruneh, Esubalew Alehegn
Wamboye, Evelyn
author_sort Ezemenari, Kene
title Emerging Economies' versus Advanced Countries' Investment Impact in Africa
title_short Emerging Economies' versus Advanced Countries' Investment Impact in Africa
title_full Emerging Economies' versus Advanced Countries' Investment Impact in Africa
title_fullStr Emerging Economies' versus Advanced Countries' Investment Impact in Africa
title_full_unstemmed Emerging Economies' versus Advanced Countries' Investment Impact in Africa
title_sort emerging economies' versus advanced countries' investment impact in africa
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/983731482352090576/Emerging-economies-versus-advanced-countries-investment-impact-in-Africa
http://hdl.handle.net/10986/25831
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