Evidence map›Paper›PMID 36689493›Full record

ArticlePloS one2023

Macroeconomic factors affecting FDI in the African region.

Sashini Rathnayake, Sanjula Jayakody, Pasindu Wannisinghe, Deshani Wijayasinghe, Ruwan Jayathilaka, Naduni Madhavika

Abstract read
In one paragraph

Article in PloS one, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Sashini RathnayakeSLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.
Sanjula JayakodySLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.ORCID 0000-0002-2044-3752
Pasindu WannisingheSLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.ORCID 0000-0003-0343-4317
Deshani WijayasingheSLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.
Ruwan JayathilakaDepartment of Information Management, SLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.ORCID 0000-0002-7679-4164
Naduni MadhavikaDepartment of Information Management, SLIIT Business School, Sri Lanka Institute of Information Technology, Malabe, Sri Lanka.ORCID 0000-0002-7613-1512

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Foreign Direct Investment (FDI) occurs when one country invests in another. Multiple factors have contributed to fluctuations in FDI flows globally. This study investigates the impact of the Logistics Performance Index (LPI), Global Competitiveness Index (GCI) and Interest Rates (IR) on FDI in the African region. The study is significant because the African region is underdeveloped and with an unstable macroeconomic environment. Data were collected for 26 countries in the African region for the years 2007, 2010, 2012, 2014, 2016 and 2018 and analysed using Panel Regression and Multiple Linear Regression models. The study's findings concluded that LPI, GCI, and IR are three major macroeconomic factors impacting FDI inflows. The results indicated that LPI positively impacts FDI in Gambia, Lesotho and Rwanda, while in contrast, LPI impacts FDI negatively in Mauritius. GCI has a positive impact on FDI in Algeria and Lesotho with a negative impact in Rwanda, Mauritius and Namibia. Moreover, IR has a negative impact on FDI in Algeria, Rwanda and Mauritius with a positive impact in Lesotho. Policymakers should pay more attention to the infrastructure development and management of macroeconomic and other factors affecting FDI.

Indexed as

Carbon DioxideEconomic DevelopmentInternationalityInvestmentsLesothoCarbon Dioxide

Identifiers

PMID36689493
PMCPMC9870099

What OpenQuestion holds

Textmetadata
LicenceCC BY
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.