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Does institutional quality matter in foreign direct investment?: Evidence from Sub-Saharan African countries
Journal article, Created By Nondo, Chali and Published By Inderscience in English language
Using fixed effects estimation techniques, this study seeks to explain the impact of institutional quality on foreign direct investment (FDI) inflows to 45 SSA countries over the period 1996-2007. Our results show that there is no statistically significant relationship between institutional quality and FDI inflows to SSA countries. Thus, this study contradicts previous studies that have found a statistically significant association between institutional quality and FDI inflow to African countries. These results do not come as a surprise given that many SSA countries score...
Evaluating the technical efficiency of African economies using DEA and the bootstrap approach
Journal article, Created By Nondo, Chali and Published By Inderscience in English language
It is well-acknowledged that many African economies perform well below their potential, yet there is little knowledge about the distance of these economies from their productivity frontiers. This study examines the technical efficiency of 43 African countries using the non-parametric DEA technique and the double-bootstrap approach. Technical efficiency results by income class show that the best performers in terms of technical efficiency are countries belonging to the upper middle group, followed by the lower upper middle-income countries, while the least efficient countries b...
Evaluating the technical efficiency of African economies using DEA and the bootstrap approach
Journal article, Created By Nondo, Chali and Published By Inderscience in English language
It is well-acknowledged that many African economies perform well below their potential, yet there is little knowledge about the distance of these economies from their productivity frontiers. This study examines the technical efficiency of 43 African countries using the non-parametric DEA technique and the double-bootstrap approach. Technical efficiency results by income class show that the best performers in terms of technical efficiency are countries belonging to the upper middle group, followed by the lower upper middle-income countries, while the least efficient countries b...