Foreign Direct Investment and Tourism Development in Africa
نویسندگان
چکیده
منابع مشابه
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Investment is an important driver of growth in both developed and developing countries. There has been a significant increase in domestic investment in Africa over the past two decades. However, despite consistent growth and international support through overseas development assistance (ODA), most countries on the continent still see a wide gap between investment requirements and domestic resou...
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This paper investigates the existence of Granger causality and cointegrated relationships between tourism related Foreign Direct Investment (FDI) and tourism development in developing countries using panel VECM techniques from 1995 to 2008. The results confirm the existence of a co-integrated relationship between variables in the long run. In addition, there is a bilateral long-run causality be...
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Africa has not been very successful in attracting foreign direct investment (FDI) over the past few decades. When these countries were able to attract multinational companies, it was principally the result of their (abundant) natural resources and the size of their domestic market. Still, this paper demonstrates that a few SubSaharan African countries have generated the interest of internationa...
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ژورنال
عنوان ژورنال: Tourism Analysis
سال: 2020
ISSN: 1083-5423
DOI: 10.3727/108354220x15957702910144