Impact Foreign Direct Investment on Domestic Private Investment in Ethiopia

Inhaltsverzeichnis

1. Introduction

2. History and Trend of Foreign Direct Investment

3. History and Trend of Domestic Private Investment

4. Link between Foreign Direct Investment and Domestic Investment

5. Rationale to see Nexus between Foreign Direct Investment and Domestic Private Investment

6. Empirical Literatures
6.1 Does Foreign Direct Investment Crowd-in/out Domestic Private Investment?
6.1.1 Foreign Direct Investment Crowds-out Domestic Private Investment
6.1.2 Foreign Direct Investment Crowds-in Domestic Private Investment
6.1.3 The Relationship between Foreign Direct Investment and Domestic Private Investment depends on Sectorial Distribution

7. Data and Methodology
7.1 Source and Nature of Data

8. Data Analysis and Interpretation
8.1 Descriptive Analysis
8.1.1 Foreign Direct Investment and Domestic Private Investment: Trend and Interrelationship
8.1.2 Sectorial Distribution of Foreign Direct Investment and Domestic Private Investment
8.1.3 Regional Distribution of Foreign Direct Investment and Domestic Private Investment
8.2 Econometrics Analysis
8.2.1 Stationarity Tests
8.2.2 Estimation of VAR Model
8.2.3 VAR Diagnostic Test
8.2.4 Granger Causality/Block Exogeneity Test
8.2.5 The Johansen Co-integration Test Result
8.2.6 Vector Error Correction Model (VECM)
8.2.7 Impulse response and variance decomposition
8.7.2 Variance Decomposition

9. Conclusion and policy implication
9.1 Conclusion
9.2 Policy Implications

References