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Foreign Direct Investment and Economic Growth in Africa: Impact of Import and Export on Economic Growth

OGUNDIRAN AKINYEMI KAYODE, Aworemi J. R.

Abstract


This study investigates the relationship between Foreign Direct Investment (FDI), imports, exports, and economic growth in Africa. Drawing from empirical data and prior research, it examines how FDI inflows and trade dynamics (import/export) contribute to the GDP growth of African economies. Using panel data from multiple countries and statistical tests like regression analysis, the paper tests hypotheses on the impact of these variables on economic growth. The results provide insights into policy implications for sustainable economic development.


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References


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