Archivio Istituzionale della RicercaUsing investment-level data, we study the location choice of 8,283 greenfield investments in 44 African countries over the 2003-2017 period, focusing on the role of International Investment Agreements. We document a positive relation between the existence of these agreements and the location of FDI into African countries. This overall effect appears to be driven by investments in Services and in Construction and Electricity, while no effect appears to exist for Extraction investments.
International Investment Agreements and FDI inflows in Africa / Benfratello, Luigi; D'Ambrosio, Anna; Sangrigoli, Alida. - ELETTRONICO. - (2019). ((Intervento presentato al convegno SIE 60ª RSA tenutosi a Palermo nel 24-26 ottobre 2019.
International Investment Agreements and FDI inflows in Africa
Benfratello, Luigi;D'Ambrosio, Anna;Sangrigoli, Alida
2019
Abstract
Using investment-level data, we study the location choice of 8,283 greenfield investments in 44 African countries over the 2003-2017 period, focusing on the role of International Investment Agreements. We document a positive relation between the existence of these agreements and the location of FDI into African countries. This overall effect appears to be driven by investments in Services and in Construction and Electricity, while no effect appears to exist for Extraction investments.
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https://hdl.handle.net/11583/2925808