Considering barriers to investment in South Africa
South African Journal of Economic and Management Sciences
Field | Value | |
Title | Considering barriers to investment in South Africa | |
Creator | Afful, KB Okeahalam, CC | |
Description | This paper examines the effect of South Africas economic fundamentals on net direct investment and net portfolio investment. The results suggest that the main determinants of investment in South Africa are resource prices, input productivity and the economic performance of the domestic economy. The results illustrate that net direct investment and net portfolio investment are close but not perfect substitutes. In addition, we find that an increase in labour input costs reduces both net direct investment and net portfolio investment. Further, an increase in fixed capital productivity increases net direct investment. Further, also the results illustrate that subsidies increase both net direct investment and net portfolio investment. Moreover, an increase in exports increases both net direct investment and net portfolio investment. Policy recommendations are thus proposed that may increase foreign direct investment in South Africa. | |
Publisher | AOSIS Publishing | |
Date | 2014-10-20 | |
Identifier | 10.4102/sajems.v8i2.1230 | |
Source | South African Journal of Economic and Management Sciences; Vol 8, No 2 (2005); 225-237 2222-3436 1015-8812 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1230/458
|
|
ADVERTISEMENT