Financial Integration, Foreign Direct Investment and Economic Growth in East Africa Countries: A Dynamic Panel Data Modelling Approach
Journal: Journals & Books Hosting (International Knowledge Sharing Platform)
Year: 2017

This study examines the relationship between financial integration, foreign direct investment and economic growth using dynamic panel data modelling in the East African region during the study period ranging from 2000/01 to 2013/14.Arellano-Bover/Blundell-Bond estimation technique had been employed to estimate the model.From the Empirical result of this paper it was concluded that financial integration was found to affect the economic growth in the East African region negatively; whilst foreign