Shaping Institutions: Exploring the Effect of Foreign Direct Investment on Institutional Change in Sub-Saharan Africa

IF 2.2 Q2 POLITICAL SCIENCE

Politics & Policy Pub Date : 2026-02-19 DOI:10.1111/polp.70116

Gilles Y. Limnyuy, Dieudonné Mignamissi

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引用次数: 0

Abstract

Shaping institutions is a major concern for policymakers in recent years, especially in SSA, which seeks to emerge economically. This paper explores the effect of FDI on institutional change within the region using the FGLS and LSDV as baseline models over a sample of 39 countries from 2000 to 2021. Institutional change is primarily captured by the change in the Economic Freedom Index. We obtained the following results: FDI improves institutional change, its speed, and various dimensions of institutions. Also, the results are robust and consistent over different sensitivities and estimation strategies. We also find that the positive institutional effect of FDI may be dampened by the mediating effect of the natural resource curse and the Dutch Disease on domestic investment. We recommend that economies could boost their institutions by attracting FDI and directing it to the most productive sectors, like the manufacturing sectors, rather than just rent-seeking FDI.

Asongu, S. A., S. Diop, E. T. Emeka, and A. O. Ogbonna. 2024. “The Role of Governance and Infrastructure in Moderating the Effect of Resource Rents on Economic Growth.” Politics & Policy 52, no. 5: 1059–1084. https://doi.org/10.1111/polp.12623.

Ali, H. E., and S. Bhuiyan. 2022. “Governance, Natural Resources Rent, and Infrastructure Development: Evidence from the Middle East and North Africa.” Politics & Policy 50, no. 2: 408–440. https://doi.org/10.1111/polp.12451.

Asiegbu, M. F., O. M. Ikeanyibe, P. O. Abang, O. C. Nwosu, and C. E. Ugwu. 2024. “Natural Resource Fund Governance and the Institutionalization of Rent Seeking in Nigeria’s Oil Sector.” Politics & Policy 52, no. 1: 169–195. https://doi.org/10.1111/polp.12579.

查看原文本刊更多论文

塑造制度：探讨外国直接投资对撒哈拉以南非洲制度变迁的影响

塑造制度是近年来政策制定者关注的主要问题，尤其是在寻求经济崛起的SSA。本文以2000年至2021年39个国家为样本，利用FGLS和LSDV作为基准模型，探讨了FDI对该地区制度变迁的影响。制度变迁主要体现在经济自由指数的变化上。研究结果表明：FDI促进了制度变迁、制度变迁的速度和制度变迁的各个维度。此外，在不同的灵敏度和估计策略下，结果具有鲁棒性和一致性。我们还发现，自然资源诅咒和荷兰病对国内投资的中介效应可能会抑制外国直接投资的积极制度效应。我们建议，各经济体可以通过吸引外国直接投资，并将其引导到制造业等最具生产力的部门，而不仅仅是寻租的外国直接投资，来完善其制度。相关文章刘建军，刘建军，刘建军，等。2014。“治理和基础设施在调节资源租金对经济增长影响中的作用”。政治与政策，第52期。5: 1059 - 1084。https://doi.org/10.1111/polp.12623。Ali， H. E.和S. Bhuiyan, 2022。治理、自然资源租金和基础设施发展：来自中东和北非的证据。政治与政策50，不。2: 408 - 440。https://doi.org/10.1111/polp.12451。吴振民，吴振民，吴振民，吴振民。2008。“自然资源基金治理和尼日利亚石油部门寻租的制度化。”政治与政策，第52期。1: 169 - 195。https://doi.org/10.1111/polp.12579。

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来源期刊

Politics & Policy POLITICAL SCIENCE-

CiteScore

2.50

自引率

23.10%

发文量