Foreign direct investment and economic growth in Mauritius.

Blin, Myriam and Ouattara, Bouzamana (2009) Foreign direct investment and economic growth in Mauritius. Economie internationale, 117 (1). pp. 47-61. ISSN 1240-8093

Full text is not in this repository.

Abstract

This paper investigates whether foreign direct investment enhances economic growth in Mauritius using time series data for the period 1975-2000. Domestic private investment and public investment are also utilized to estimate a neoclassical production function in the long run as well as in the short run. The long run results, based on the newly developed auto-regressive distributed lag (ARDL) bounds test approach to cointegration, indicate that foreign direct investment exerts a highly significant positive impact on economic growth in Mauritius. As for domestic investments, private investment shows positive and highly significant impact, whilst the effect of public investment is positive but only significant at the 10 percent level. The main policy recommendation of this paper is that Mauritius should continue to attract FDI and at the same time promote polices that would further encourage private investment.

Item Type:Article
Research Areas:Middlesex University Schools and Centres > Business School > Economics and International Development
ID Code:6758
Deposited On:08 Dec 2010 12:16
Last Modified:06 Feb 2013 10:57

Repository staff only: item control page

Full text downloads (NB count will be zero if no full text documents are attached to the record)

Downloads per month over the past year