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Foreign Direct Investment in Regional Integration: Comparative Attractiveness in the CEMAC and UEMOA Economic Spaces
European Journal of Sustainable Development
View Archive Info| Field | Value | |
| Title |
Foreign Direct Investment in Regional Integration: Comparative Attractiveness in the CEMAC and UEMOA Economic Spaces
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| Creator |
Ngongang, Elie
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| Description |
The competition or complementarity of foreign direct investment (FDI)attractiveness between economically similar regions located in the same continenthas not yet been up to now sufficiently explored in the literature. The purpose ofthis paper is consequently to contribute to this literature by determining whetheror not there exists a long-term relationship between FDI flows in the CEMAC andUEMOA regions of Central and West Africa. This hypothesis is tested in botheconomic spaces using a Vector Autoregression (VAR) model. The study showsthat the FDI flowing in the UEMOA zone directly attracts FDI flows in theCEMAC zone. These inflows improve the business environment in both regions.Overall, the study however finds that the long-term relationship which existsbetween these two regions is inclined to be more competitive rather thancomplementary.
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| Publisher |
European Center of Sustainable Development
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| Contributor |
—
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| Date |
2014-04-19
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/28
10.14207/ejsd.2012.v1i3p419 |
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| Source |
European Journal of Sustainable Development; Vol 1, No 3 (2012); 419 - 444
2239-6101 2239-5938 |
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| Language |
eng
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| Relation |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/28/22
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| Rights |
This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited. The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially.
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