Business Management Dynamics

Double Blind Peer Reviewed - Open Access Jounal

Home  |   Contact Us

 

ISSN: 2047-7031

bmd Business and Management Dynamics bmd
ISSN: 2047-7031  
Volume  2   Issue 9  2013  
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Article Abstract
Foreign Direct Investment Inflows in Haiti: Its Determinants and Impact on Economic Growth
Keywords:  foreign direct investment, economic growth, simultaneous equations model
Chen-Chang Lo, Yaling Lin , Tsung-Li Chi andDominique Jude Joseph
This research is intended to look for the main determining factors of FDI inward in Haiti and to assess its impacts on economic growth during the period 1980-2010. Because of the interdependence between FDI and growth, a system of two simultaneous equations has been estimated by the two-stage least squares (2SLS). The regressions display that FDI and economic growth interact positively but this interaction is weak. In fact, economic growth has no significant impact on FDI and this latter does not influence economic growth. Furthermore, market size (GDP per capita), level of human capital and exchange rate prove to be the explanatory factors of determination of FDI flows into Haiti and they have a significant positive influence on net FDI inflows.
36-50   |  View PDF