Foreign direct investment, trade openness and growth nexus in Lesotho
Journal of Economic and Financial Sciences
| Field | Value | |
| Title | Foreign direct investment, trade openness and growth nexus in Lesotho | |
| Creator | Makhetha, Leseko Rantaoleng, Joel | |
| Description | This paper examines the long-run relationship among FDI, trade openness and growth in Lesotho for the period 1980-2011. The results show a long-run relationship between output, FDI and trade openness. The VAR Granger causality shows a unidirectional causal relationship running from trade openness, FDI to output and from output, FDI to trade openness. FDI was found to be insignificant in explaining growth of output in both the long and short run. Trade openness was found to be significant with a negative impact on output growth in the long run but was found to be insignificant in the short run. | |
| Publisher | AOSIS | |
| Date | 2017-06-06 | |
| Identifier | 10.4102/jef.v10i1.10 | |
| Source | Journal of Economic and Financial Sciences; Vol 10, No 1 (2017); 145-159 2312-2803 1995-7076 | |
| 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://jefjournal.org.za/index.php/jef/article/view/10/10
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