DYNAMIC PANEL APPROACH ON FOREIGN DIRECT INVESTMENT AND TERRORISM IN WEST AND CENTRAL AFRICA


Kabiru Alhaji, Shehu Mohammed, Sharehu Alhaji Muazu
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Abstract
This study examined the connection between terrorism and foreign direct investment (FDI) inflow in the terrorised countries ofWest and Central Africa. The study used panel data of 12 West and Central African countries with issues of terrorism from 1999-2019, on the panel ARDL technique. From the results obtained, terrorism is found to discourages inflow of FDI in the sample countries. The study recommends that, countries concern shouldengage more security set ups in order to secure the environment for theeffective inflow of foreign direct investment.
Keywords: foreign direct investment, terrorism, panel data
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Published on : 2022-01-24

Vol : 10
Issue : 1
Month : January
Year : 2022
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