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Flux d’aides et d’investissements directs étrangers en provenance de l’union Européenne et croissance économique dans les grands pays de la zone franc

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  • François Joseph Cabral

    (Université Cheikh Anta DIOP, Université Polytechnique de Thiès, CRES et GREDI)

Abstract

The aim of this paper is to assess the relative impact of aid and foreign direct investment (FDI) flows received from the European Union (EU) on the GDP of the large countries of the CFA zone. An error correction model is used based on the data of a panel. Estimated results show that, contrary to aid flows, foreign direct investment (FDI) coming from the EU does not have significant effects on the GDP of the large countries of the CFA zone. In addition, it appears that flows of FDI received from the rest of the world affect positively and significantly the GDP of this sample of country.

Suggested Citation

  • François Joseph Cabral, 2009. "Flux d’aides et d’investissements directs étrangers en provenance de l’union Européenne et croissance économique dans les grands pays de la zone franc," Cahiers de recherche 09-07, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    • Handle: RePEc:shr:wpaper:09-07
    as

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    File URL: http://gredi.recherche.usherbrooke.ca/wpapers/GREDI-0907.pdf
    File Function: First version, 2009
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    References listed on IDEAS

    as
    1. David Dollar & Craig Burnside, 2000. "Aid, Policies, and Growth," American Economic Review, American Economic Association, vol. 90(4), pages 847-868, September.
    2. Brewer, Thomas L., 1991. "Foreign direct investment in developing countries : patterns, policies, and prospects," Policy Research Working Paper Series 712, The World Bank.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Aide; IDE; croissance économique;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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