The Effect of Foreign Direct Investment (fdi) on the Current Account Balance (cab) of Selected West Africa Countries
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43926326" target="_blank" >RIV/62156489:43110/24:43926326 - isvavai.cz</a>
Výsledek na webu
<a href="https://journals.co.za/doi/abs/10.31920/1750-4562/2024/v19n4a4" target="_blank" >https://journals.co.za/doi/abs/10.31920/1750-4562/2024/v19n4a4</a>
DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
The Effect of Foreign Direct Investment (fdi) on the Current Account Balance (cab) of Selected West Africa Countries
Popis výsledku v původním jazyce
As opposed to a current account surplus, majority of developing economies experience current account deficits. It is gradually preferable to use foreign direct investment (FDI) rather than other foreign capital inflows to alleviate the current account imbalance. It may, nevertheless, also be a factor in a current account deficit. This study uses the pooled Ordinary Least Squares (OLS) regression technique to investigate the influence of foreign direct investment on the current account balances of four West African countries: Nigeria, Ghana, Cote d'Ivoire, and Senegal. The study spans from 1990 to 2019. The findings indicate that trade openness, real effective exchange rates, and FDI inflows have a negative influence on the current account balance. The study recommends that policymakers prioritize investments that come with value addition, employ the skilled labor force of the host economy, target an economy's productive sector, as opposed to its consumption sector and promote exports.
Název v anglickém jazyce
The Effect of Foreign Direct Investment (fdi) on the Current Account Balance (cab) of Selected West Africa Countries
Popis výsledku anglicky
As opposed to a current account surplus, majority of developing economies experience current account deficits. It is gradually preferable to use foreign direct investment (FDI) rather than other foreign capital inflows to alleviate the current account imbalance. It may, nevertheless, also be a factor in a current account deficit. This study uses the pooled Ordinary Least Squares (OLS) regression technique to investigate the influence of foreign direct investment on the current account balances of four West African countries: Nigeria, Ghana, Cote d'Ivoire, and Senegal. The study spans from 1990 to 2019. The findings indicate that trade openness, real effective exchange rates, and FDI inflows have a negative influence on the current account balance. The study recommends that policymakers prioritize investments that come with value addition, employ the skilled labor force of the host economy, target an economy's productive sector, as opposed to its consumption sector and promote exports.
Klasifikace
Druh
J<sub>SC</sub> - Článek v periodiku v databázi SCOPUS
CEP obor
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OECD FORD obor
50204 - Business and management
Návaznosti výsledku
Projekt
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Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2024
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
African Journal of Business and Economic Research
ISSN
1750-4554
e-ISSN
1750-4562
Svazek periodika
19
Číslo periodika v rámci svazku
4
Stát vydavatele periodika
GB - Spojené království Velké Británie a Severního Irska
Počet stran výsledku
17
Strana od-do
65-81
Kód UT WoS článku
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EID výsledku v databázi Scopus
2-s2.0-85213014326