Multinational Enterprises in Africa - A Study of German Firms in South Africa
A key feature of globalisation is the increasingly important role of Multinational Enterprises (MNEs) as vehicles for Foreign Direct Investment (FDI). Economic Theory recognises that MNEs can benefit from economic growth in developing countries through generating positive externalities (so-called spill-over effects). These spill-over effects occur predominantly through the R&D and innovation of MNEs, their outsourcing to local firms, their training of local labour and the payment of higher wages by MNEs to retain good labourers. All of these benefits can be important for Africa, the world's poorest continent, in order to accelerate groth. However, the extent to which African countries benefit from spill-over effects of MNEs remains to be empirically investigated. The need for such an investigation can be motivated with reference to the trickle of annual FDI flows destined for Africa. In this line the present paper presents results from an empirical survey of German firms in South Africa. South Africa may be an interesting case in which to study the impacts of MNEs on African development as it has a significant presence of foreign firms. German MNEs specifically have been involved in the South African economy for over a century.
|Date of creation:||2001|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
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.:
- Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
- Gilroy, Bernhard Michael & Broll, Udo, 1987. "German multinationals," Discussion Papers, Series II 19, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
- Romer, Paul, 1993. "Idea gaps and object gaps in economic development," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 543-573, December.
- Markusen, James R., 1984. "Multinationals, multi-plant economies, and the gains from trade," Journal of International Economics, Elsevier, vol. 16(3-4), pages 205-226, May.
- Bettina Burger, 1999. "How important is foreign direct investment for late industrialising countries?," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 34(3), pages 115-123, May.
- Markusen, James R. & Venables, Anthony J., 1999.
"Foreign direct investment as a catalyst for industrial development,"
European Economic Review,
Elsevier, vol. 43(2), pages 335-356, February.
- James R. Markusen & Anthony J. Venables, 1997. "Foreign Direct Investment as a Catalyst for Industrial Development," NBER Working Papers 6241, National Bureau of Economic Research, Inc.
- G. D. A. MacDougall, 1960. "THE BENEFITS and COSTS OF PRIVATE INVESTMENT FROM ABROAD: A THEORETICAL APPROACH," The Economic Record, The Economic Society of Australia, vol. 36(73), pages 13-35, March.
- Francis Teal, 1999.
"Why Can Mauritius Export Manufactures and Ghana Not?,"
The World Economy,
Wiley Blackwell, vol. 22(7), pages 981-993, September.
- Francis Teal, 1999. "Why can Mauritius export manufactures and Ghana not?," CSAE Working Paper Series 1999-10, Centre for the Study of African Economies, University of Oxford.
- Mark Casson, 2000. "Economics of International Business," Books, Edward Elgar Publishing, number 2063.
- Romer,Paul M, 1989. "What determines the rate of growth and technological change?," Policy Research Working Paper Series 279, The World Bank.
- Dunning, John H & Rugman, Alan M, 1985. "The Influence of Hymer's Dissertation on the Theory of Foreign Direct Investment," American Economic Review, American Economic Association, vol. 75(2), pages 228-232, May.
- Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-596, September.
- Grazia Santangelo, 2000. "Inter-European Regional Dispersion of Corporate Research Activity in Information and Communications Technology: The Case of German, Italian and UK Regions," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 7(3), pages 275-295.
- Helpman, Elhanan, 1984.
"A Simple Theory of International Trade with Multinational Corporations,"
Journal of Political Economy,
University of Chicago Press, vol. 92(3), pages 451-471, June.
- Helpman, Elhanan, 1984. "A Simple Theory of International Trade with Multinational Corporations," Scholarly Articles 3445092, Harvard University Department of Economics.
- Teece, David J., 1980. "Economies of scope and the scope of the enterprise," Journal of Economic Behavior & Organization, Elsevier, vol. 1(3), pages 223-247, September.
- Oliver E. Williamson & Michael L. Wachter & Jeffrey E. Harris, 1975. "Understanding the Employment Relation: The Analysis of Idiosyncratic Exchange," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 250-278, Spring.
- Wilfred J. Ethier, 1986. "The Multinational Firm," The Quarterly Journal of Economics, Oxford University Press, vol. 101(4), pages 805-833.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:17868. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.