Empirical Investigation of the Role of Foreign Direct Investment on Economic Growth in African Countries

Abstract

Empirical literature was surveyed using the random effects and fixed effects on multi country computable general equilibrium to analyze the impact of Foreign Direct Investment (FDI) on the economic growth of developing countries. This research examines the impact of FDI on the economic growth of most African countries from 2003 to 2017. The study seems necessary to us because it has been conducted especially on the effects of FDI on the economic growth of African countries which will complement research explaining FDI relations and the economic growth of all the countries.