AGDI currently has about 300 publications.
2017 |
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1. | Efobi, Ibukun Beecroft Simplice Asongu Uchenna A R 2017. Abstract | Links | BibTeX | Tags: FDI; Foreign aid; Terrorism; Quantile regression @unpublished{Asongu_498, author = {Ibukun Beecroft Simplice A. Asongu Uchenna R. Efobi}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Aid-in-Modulating-the-Impact-of-Terrorism-on-FDI.pdf}, year = {2017}, date = {2017-01-13}, abstract = {We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The empirical evidence is based on 78 developing countries for the period 1984-2008. Bilateral and multilateral aid variables are used, while terrorism dynamics entail: domestic, unclear, transnational and total number of terrorist attacks. The main finding is that foreign aid cannot be used as a policy tool to effectively address a hypothetically negative effect of terrorism on FDI. The positive threshold we cannot establish is important for policy makers because it communicates a cut-off point at which foreign aid completely neutralizes the negative effect of terrorism on FDI. From the conditioning information set, we also establish for the most part that the effects of GDP growth, infrastructural development and trade openness are an increasing function of FDI. Policy implications are discussed.}, keywords = {FDI; Foreign aid; Terrorism; Quantile regression}, pubstate = {published}, tppubtype = {unpublished} } We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The empirical evidence is based on 78 developing countries for the period 1984-2008. Bilateral and multilateral aid variables are used, while terrorism dynamics entail: domestic, unclear, transnational and total number of terrorist attacks. The main finding is that foreign aid cannot be used as a policy tool to effectively address a hypothetically negative effect of terrorism on FDI. The positive threshold we cannot establish is important for policy makers because it communicates a cut-off point at which foreign aid completely neutralizes the negative effect of terrorism on FDI. From the conditioning information set, we also establish for the most part that the effects of GDP growth, infrastructural development and trade openness are an increasing function of FDI. Policy implications are discussed. |
2015 |
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2. | ASONGU, Uchenna EFOBI & Ibukun BEECROFT Simplice FDI, Aid, Terrorism: Conditional Threshold Evidence from Developing Countries 2015. Abstract | Links | BibTeX | Tags: FDI; Foreign aid; Terrorism; Quantile regression @workingpaper{ASONGU2015b_32, title = {FDI, Aid, Terrorism: Conditional Threshold Evidence from Developing Countries}, author = {Uchenna EFOBI & Ibukun BEECROFT Simplice ASONGU}, editor = {African 2015 Governance and Development Institute WP/15/019}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/FDI-Aid-Terrorism.Threshold-evidence-from-developing-countries.pdf}, year = {2015}, date = {2015-05-01}, abstract = {We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The empirical evidence is based on 78 developing countries for the period 1984-2008. Bilateral and multilateral aid variables are used, while terrorism dynamics entail: domestic, unclear, transnational and total number of terrorist attacks. The following findings are established. First, while the effects of multilateral aid are consistently significant with positive threshold evidence, bilateral aid is only positively significant in bottom quantiles. Second, with the slight exception of transnational terrorism in bilateral aid regressions, the impacts of terrorism dynamics are unexpectedly positive, in: (i) bottoms quantiles with domestic terrorism and the 0.25th quantile with total terrorism, for bilateral aid regressions, and (ii) the 0.25th quantile with domestic terrorism and bottom quantiles of transnational terrorism, for multilateral aid regressions. Third, interactions between terrorism and foreign aid dynamics unexpectedly yield negative effects in: (i) bilateral aid and domestic terrorism in bottom quantiles and (ii) multilateral aid and domestic (transnational) terrorism in the 0.25th(bottom) quantile(s). The modifying threshold value of bilateral aid is higher than that of multilateral aid. Fourth, there is positive threshold evidence from GDP growth, infrastructural development and trade openness. Policy implications are discussed.}, keywords = {FDI; Foreign aid; Terrorism; Quantile regression}, pubstate = {published}, tppubtype = {workingpaper} } We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The empirical evidence is based on 78 developing countries for the period 1984-2008. Bilateral and multilateral aid variables are used, while terrorism dynamics entail: domestic, unclear, transnational and total number of terrorist attacks. The following findings are established. First, while the effects of multilateral aid are consistently significant with positive threshold evidence, bilateral aid is only positively significant in bottom quantiles. Second, with the slight exception of transnational terrorism in bilateral aid regressions, the impacts of terrorism dynamics are unexpectedly positive, in: (i) bottoms quantiles with domestic terrorism and the 0.25th quantile with total terrorism, for bilateral aid regressions, and (ii) the 0.25th quantile with domestic terrorism and bottom quantiles of transnational terrorism, for multilateral aid regressions. Third, interactions between terrorism and foreign aid dynamics unexpectedly yield negative effects in: (i) bilateral aid and domestic terrorism in bottom quantiles and (ii) multilateral aid and domestic (transnational) terrorism in the 0.25th(bottom) quantile(s). The modifying threshold value of bilateral aid is higher than that of multilateral aid. Fourth, there is positive threshold evidence from GDP growth, infrastructural development and trade openness. Policy implications are discussed. |