Josue Diwambuena- University of Siena
Josue Diwambuena
- University of Siena
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7
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Publications (7)
This paper examines the dynamic relationship of Foreign Direct Investment shocks (FDI), economic growth (GDP) and other macroeconomic variables in South Africa. Using a structural vector autoregressive (SVAR) model like Sims (1980), results show that on the one hand the impact of FDI on GDP is positive, yet minimal and insignificant, while on the o...
