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Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
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JOURNAL OF APPLIED BUSINESS AND ECONOMICS

AGOA: Economic and Political Effects on FDI Flows Into Sub-Saharan Africa


Author(s): Osei Yeboah, Saleem Shaik, Michael Wuaku

Citation: Osei Yeboah, Saleem Shaik, Michael Wuaku, (2021) "AGOA: Economic and Political Effects on FDI Flows Into Sub-Saharan Africa" Journal of Applied Business and Economics, Vol. 23, Iss.5,  pp. 258-267

Article Type: Research paper

Publisher: North American Business Press

​Abstract:

Foreign Direct Investment (FDI) is widely considered as an important stimulus to the economic growth in the form of employment, technology transfer; and regional economic integration among others. This paper seeks to determine the effects of the Africa Growth and Opportunity Act (AGOA) on FDI flows into Sub-Saharan Africa. Using a modified gravity model, results suggests that per capita GDP and AGOA participation status positively influences FDI inflow into Sub-Saharan Africa while being a member of other RTAs (Other Regional Trade Agreements) hinder FDI net flow. Also, countries with generally better political stability index score have higher average FDI net flow.