The Impact of FDI Inflows on Economic Growth: An Empirical Study for the Senegal


Authors : Moussouba Diedhiou

Volume/Issue : Volume 4 - 2019, Issue 11 - November

Google Scholar : https://goo.gl/DF9R4u

Scribd : https://bit.ly/2RkJb50

Last 8 years Senegal’s FDI inflows increased dramatically and in 2018, reached 629 million US$. I want to study about influential factors and empirical research FDI inflows on Economic growth. Senegal external debt and FDI inflows are increasing by every year, we are facing problems that a huge amount of money back pay. For this reason, this topic is much interesting to me. My purposes of this research is to study research on economic current situation of Senegal and an analysis of the factors influencing the economic growth. I have achieved purposes of my thesis, I used OLS regression method. I also built the model on this paper. In open economy, defining factors of FDI inflows to economic growth is based on simple model (Unemployment, GDP and others). It involved hypothesis that FDI inflows has impact on these variables in the short term. The equation results, the change in Senegal’s GDP growth is depending on the following variables such as FDI net inflows of Senegal, Employment level, Net capital account of Senegal.

Keywords : GDP; FDI; Employment, Senegal.

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