Institutional quality, openness, and investment in Africa

Kandiero, Tonia; Wadhawan, Satish

dc.contributor.author	Kandiero, Tonia
dc.contributor.author	Wadhawan, Satish
dc.date.accessioned	2007-07-24T06:44:57Z
dc.date.available	2007-07-24T06:44:57Z
dc.date.issued	2003-06
dc.description.abstract	This study supports the conventional wisdom that openness to trade is good for investment and economic growth. Whether this conclusion leaves space for institutional quality as a complimentary policy to determine the success of trade liberalization in Africa is the objective of this paper. The theoretical model and empirical analysis show how the behavior of government bureaucrats can be used to explain the impact on investment of the interaction between increased openness to trade and the quality of institutions. Empirical work is conducted using panel data observed over three periods: 1985-1990, 1990-1995, and 1995- 2000.	en
dc.format.extent	90580 bytes
dc.format.mimetype	application/pdf
dc.identifier.citation	Kandiero, T & Wadhawan, S 2003, 'Institutional quality, openness, and investment in Africa', South African Journal of Economic and Management Sciences, vol. 6, no. 2, pp. 346-368. [http://www.journals.co.za/ej/ejour_ecoman.html]	en
dc.identifier.issn	1015-8812
dc.identifier.uri	http://hdl.handle.net/2263/3106
dc.language.iso	en	en
dc.publisher	Faculty of Economic and Management Sciences, University of Pretoria	en
dc.rights	Faculty of Economic and Management Sciences, University of Pretoria	en
dc.subject	Institutional quality	en
dc.subject	Openness to trade	en
dc.subject	Investment	en
dc.subject	Economic growth	en
dc.subject	African trade liberalization	en
dc.subject.lcsh	Free trade -- Africa
dc.subject.lcsh	Investments -- Africa
dc.subject.lcsh	Economic development
dc.title	Institutional quality, openness, and investment in Africa	en
dc.type	Article	en