期刊名称：Departmental Discussion Papers / University of Glasgow, Department of Economics
出版年度：2009
卷号：1
出版社：University of Glasgow, Department of Economics
摘要：In this paper we diverge from the existing empirical literature on FDI determinants
in two ways. First, we decompose the sources of the foreign direct investment (FDI) gap
between Sub-Saharan Africa (SSA) and other developing regions. Once market size has
been accounted for, we nd that SSA's FDI de cit is mostly explained by insu cient
provision of public goods: low human capital accumulation, especially health, in SSA
explains 100-140% of the inter-regional FDI gaps. Second, we estimate the indirect eect
of infectious diseases on FDI through their direct impact on health. We nd that a 1%
point rise in HIV prevalence in the adult population is associated with a decrease in net FDI
in ows of 3.5%, while a country in which 100% of the population is at risk of contracting
deadly malaria receives about 16% less FDI than a similar country located in a malaria-free
region.
关键词：Public Governance, Foreign Direct Investment, Health. JEL code: F21.
