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Physical Infrastructures and Attractiveness of Private Capital in Sub-Saharan African (SSA) Countries

Journal of Economics Library

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Title Physical Infrastructures and Attractiveness of Private Capital in Sub-Saharan African (SSA) Countries
 
Creator NGONGAN, Elie; University of Yaounde II
 
Description Physical infrastructures are a set of interconnected structural elements whose function is to participate in attracting capital flows in order for the economy to function efficiently. They transfer capital flows that are able to ensure growth and stability. They also constitute a major challenge for growth and development. We have attempted in this paper to study the influence of physical infrastructures and financial development on foreign direct investments (FDIs) in the context of Sub-Saharan African (SSA) countries by combining two theoretical approaches (the Paradox of Lucas and the external-internal factors), and by integrating the correlation between the components of capital flows. Our regressions show the importance of non-linear effects in the explanation of the determinants of private capital. This analysis also emphasizes the more important role physical infrastructures play in attracting FDIs despite perverse effects.
 
Publisher Journal of Economics Library
 
Contributor —
 
Date 2014-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEL/article/view/159
10.1453/jel.v1i1.159
 
Source Journal of Economics Library; Vol 1, No 1 (2014): December; 9-21
2149-2379
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEL/article/view/159/228
 
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