Flux d’aides et d’investissements directs étrangers en provenance de l’union Européenne et croissance économique dans les grands pays de la zone franc

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Flux d’aides et d’investissements directs étrangers en provenance de l’union Européenne et croissance économique dans les grands pays de la zone franc

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François Joseph Cabral () (Université Cheikh Anta DIOP, Université Polytechnique de Thiès, CRES et GREDI)

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François Joseph Cabral

Abstract

The aim of this paper is to assess the relative impact of aid and foreign direct investment (FDI) flows received from the European Union (EU) on the GDP of the large countries of the CFA zone. An error correction model is used based on the data of a panel. Estimated results show that, contrary to aid flows, foreign direct investment (FDI) coming from the EU does not have significant effects on the GDP of the large countries of the CFA zone. In addition, it appears that flows of FDI received from the rest of the world affect positively and significantly the GDP of this sample of country.

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Paper provided by Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke in its series Cahiers de recherche with number 09-07.

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Length: 28 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:shr:wpaper:09-07

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Find related papers by JEL classification:
O1 - Economic Development, Technological Change, and Growth - - Economic Development
O2 - Economic Development, Technological Change, and Growth - - Development Planning and Policy
O24 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

This paper has been announced in the following NEP Reports:

NEP-AFR-2009-03-07 (Africa)
NEP-ALL-2009-03-07 (All new papers)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Brewer, Thomas L., 1991. "Foreign direct investment in developing countries : patterns, policies, and prospects," Policy Research Working Paper Series 712, The World Bank. [Downloadable!]
Craig Burnside & David Dollar, 2000. "Aid, Policies, and Growth," American Economic Review, American Economic Association, vol. 90(4), pages 847-868, September. [Downloadable!] (restricted)
Other versions:
- Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank. [Downloadable!]

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