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Foreign Direct Investment, Gross Capital Formation, Foreign Remittances, and Economic Growth in Zimbabwe

Author

Listed:
  • Maune Alexander

    (1 University of South Africa, South Africa ; Bindura University of Science Education, Zimbabwe)

  • Matanda Ephraim

    (2 Great Zimbabwe University, Zimbabwe)

  • Chitombo Ezekiel

    (3 Bindura University of Science Education, Zimbabwe)

Abstract

Capital investment financing has been cited as a critical element in economic growth the world over although there is no consensus regarding the significance, direction, and magnitude of the relationship.

Suggested Citation

  • Maune Alexander & Matanda Ephraim & Chitombo Ezekiel, 2023. "Foreign Direct Investment, Gross Capital Formation, Foreign Remittances, and Economic Growth in Zimbabwe," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 261-274, December.
  • Handle: RePEc:vrs:foeste:v:23:y:2023:i:2:p:261-274:n:9
    DOI: 10.2478/foli-2023-0030
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    References listed on IDEAS

    as
    1. Imad A. Moosa, 2002. "Theories of Foreign Direct Investment," Palgrave Macmillan Books, in: Foreign Direct Investment, chapter 2, pages 23-67, Palgrave Macmillan.
    2. Havranek, Tomas & Irsova, Zuzana, 2011. "Estimating vertical spillovers from FDI: Why results vary and what the true effect is," Journal of International Economics, Elsevier, vol. 85(2), pages 234-244.
    3. Christopher F Baum, 2006. "An Introduction to Modern Econometrics using Stata," Stata Press books, StataCorp LP, number imeus, March.
    4. Imad A. Moosa, 2002. "The Effects of Foreign Direct Investment," Palgrave Macmillan Books, in: Foreign Direct Investment, chapter 3, pages 68-101, Palgrave Macmillan.
    5. Alexander Maune, 2015. "Corporate Governance in Zimbabwe: An Overview of Its Current State," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(1), pages 167-178, January.
    6. Alexander Maune, 2015. "Corporate Governance in Zimbabwe: An Overview of Its Current State," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(1), pages 167-178.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Gross Capital Formation; Economic Growth; Domestic Investment; Foreign Remittances; Personal Remittances; Diaspora Remittances; Zimbabwe;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • F24 - International Economics - - International Factor Movements and International Business - - - Remittances
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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