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Be Nice to Thy Neighbors: Spatial Impact of Foreign Direct Investment on Poverty in Africa
This study examines the spatial impact of FDI on the poverty of 44 African countries. In achieving this, the study uses the Driscoll–Kraay fixed effect instrumental variable regression, the instrumental variable generalized method of moments estimator (IV-GMM), and the spatial Durbin model. The empirical investigation of this study yielded four significant findings: (1) neighboring countries' FDIs have a positive and significant impact on the incidence and intensity of the host country'sdoi:10.3390/economies10060128 fatcat:nulooujhq5erlcubytpoodcs6q