Foreign Direct Investment, Institutions and Economic Growth: Evidence from South Africa
Journal: Scientific Annals of Economics and Business
Year: 2025

The association between Foreign Direct Investment (FDI), institutions, and economic growth in South Africa is examined in this study from 1996Q1 through 2019Q4 using Autoregressive Distributed Lag (ARDL). FDI was found to have a negative effect on economic growth in the long run. Institutions and economic growth, on the other hand, have no long-term relationship. However, an interaction between FDI and political stability is discovered to have a direct effect on economic growth in both long and