PUBLICATIONS
The AGDI has published substantially in fulfillment of its mission statement of contributing to knowledge towards African development:
IDEAS
http://ideas.repec.org/d/agdiycm.html
ECONSTOR
https://www.econstor.eu/dspace/escollectionhome/10419/123513
Publication List
2015 |
|
1. | Asongu, Jacinta Nwachukwu Simplice C A 2015. Abstract | Links | BibTeX | Tags: emerging countries, Foreign direct investment, governance @workingpaper{Asongu2015_41, title = {Drivers of FDI in Fast Growing Developing Countries: Evidence from Bundling and Unbundling Governance}, author = {Jacinta Nwachukwu C Simplice A. Asongu}, editor = {AFRICAN GOVERNANCE and DEVELOPMENT INSTITUTE}, url = {http://afridev.org/wp-content/uploads/2016/04/Drivers-of-FDI-in-Fast-Growing-Developing-Countries.-Evidence-from-Bundling-and-Unbundling-Governance.pdf}, year = {2015}, date = {2015-02-02}, abstract = {We assess drivers of FDI in a panel of BRICS and MINT countries for the period 2001-2011. We bundle and unbundle governance determinants using a battery of contemporary and non-contemporary estimation techniques. The following findings are established. First, for both contemporary and non-contemporary specifications, while determinants for gross FDI are significant, they are not for net FDI. Second, for contemporary specifications, the significance of the governance dynamics is as follows in increasing order of magnitude: general governance, political governance, economic governance, political stability, regulation quality and government effectiveness. The motivation to bundle governance variables is articulated by the effect of political governance. Third, for non-contemporary specifications, the significance of governance variables is as follows in ascending order of magnitude: economic governance, institutional governance, general governance, corruption-control, political governance and political stability. The importance of combining governance indicators is captured by the effects of political governance, economic governance and institutional governance. The results indicate that the simultaneous implementation of the various components of governance clarifies a country’s attractiveness for FDI location. Policy implications are discussed with particular emphasis on the timing of FDI and its targeting.}, keywords = {emerging countries, Foreign direct investment, governance}, pubstate = {published}, tppubtype = {workingpaper} } We assess drivers of FDI in a panel of BRICS and MINT countries for the period 2001-2011. We bundle and unbundle governance determinants using a battery of contemporary and non-contemporary estimation techniques. The following findings are established. First, for both contemporary and non-contemporary specifications, while determinants for gross FDI are significant, they are not for net FDI. Second, for contemporary specifications, the significance of the governance dynamics is as follows in increasing order of magnitude: general governance, political governance, economic governance, political stability, regulation quality and government effectiveness. The motivation to bundle governance variables is articulated by the effect of political governance. Third, for non-contemporary specifications, the significance of governance variables is as follows in ascending order of magnitude: economic governance, institutional governance, general governance, corruption-control, political governance and political stability. The importance of combining governance indicators is captured by the effects of political governance, economic governance and institutional governance. The results indicate that the simultaneous implementation of the various components of governance clarifies a country’s attractiveness for FDI location. Policy implications are discussed with particular emphasis on the timing of FDI and its targeting. |
2013 |
|
2. | Asongu, Gilbert Aminkeng Simplice A A A Journal of Chinese Economic and Business Studies, 11 (4), pp. 261-277, 2013. Abstract | Links | BibTeX | Tags: Africa, China, direct trade impacts, Foreign direct investment @article{Asongu_734, author = {Gilbert Aminkeng A A Simplice A. Asongu}, url = {http://www.tandfonline.com/doi/abs/10.1080/14765284.2013.838384}, doi = {10.1080/14765284.2013.838384}, year = {2013}, date = {2013-09-17}, journal = {Journal of Chinese Economic and Business Studies}, volume = {11}, number = {4}, pages = {261-277}, abstract = {This study dissects with great acuteness some of the big questions on China–Africa relations in order to debunk burgeoning myths surrounding the nexus. It reviews a wealth of recent literature and presents the debate in three schools of thought. No substantial empirical evidence is found to back up sinister prophesies of coming catastrophe from critics of the direction of China–Africa relations. In the mean, the relationship from an economic standpoint is promising and encouraging but more needs to be done regarding multilateral relations, improvement of institutions, and sustainability of resources management. A number of positive signs suggest that China is heading toward the direction which would provide openings for a multipolar dialog. While benefiting in the short run, African governments have the capacity to tailor this relationship and address some socio-economic matters arising that may negatively affect the nexus in the long term. Policy implications are discussed.}, keywords = {Africa, China, direct trade impacts, Foreign direct investment}, pubstate = {published}, tppubtype = {article} } This study dissects with great acuteness some of the big questions on China–Africa relations in order to debunk burgeoning myths surrounding the nexus. It reviews a wealth of recent literature and presents the debate in three schools of thought. No substantial empirical evidence is found to back up sinister prophesies of coming catastrophe from critics of the direction of China–Africa relations. In the mean, the relationship from an economic standpoint is promising and encouraging but more needs to be done regarding multilateral relations, improvement of institutions, and sustainability of resources management. A number of positive signs suggest that China is heading toward the direction which would provide openings for a multipolar dialog. While benefiting in the short run, African governments have the capacity to tailor this relationship and address some socio-economic matters arising that may negatively affect the nexus in the long term. Policy implications are discussed. |