Forms and Performance of Foreign Direct Investments in Sub-Saharan Africa

1 - Cover [Seite 1]
2 - 1. Introduction [Seite 28]
2.1 - 1.1 The foreign direct investment (FDI) scenario in Sub-Saharan Africa [Seite 28]
2.2 - 1.2 Research objective [Seite 34]
2.3 - 1.3 Structure of the Book [Seite 39]
3 - 2. A macro-economic perspective of FDI in SSA [Seite 41]
3.1 - 2.1 Definitions [Seite 41]
3.2 - 2.2 The state of FDI statistics in SSA [Seite 44]
3.3 - 2.3 Aggregated FDI statistics in SSA from different sources [Seite 52]
3.3.1 - 2.3.1 SSA FDI statistics reported by the IMF [Seite 52]
3.3.2 - 2.3.2 SSA FDI statistics reported by the World Bank [Seite 58]
3.3.3 - 2.3.3 SSA FDI statistics reported by UNCTAD [Seite 62]
3.3.4 - 2.3.4 SSA FDI statistics reported by OECD [Seite 70]
3.3.5 - 2.3.5 Comparison between World Bank, IMF, UNCTAD and OECD [Seite 74]
3.3.6 - 2.3.6 Factors influencing variations in FDI flow and stock statistics [Seite 80]
3.4 - 2.4 Disaggregated FDI statistics in SSA [Seite 89]
3.4.1 - 2.4.1 Industry subsectors of FDI [Seite 89]
3.4.2 - 2.4.2 FDI countries of origin [Seite 93]
3.4.3 - 2.4.3 Entry mode of FDI [Seite 106]
3.4.4 - 2.4.4 Size of FDI [Seite 114]
3.5 - 2.5 Summary of findings and Chapter 2 conclusions [Seite 116]
4 - 3. A firm-level perspective of different FDI forms in SSA [Seite 119]
4.1 - 3.1 Available resources and foreign firm-level samples [Seite 119]
4.2 - 3.2 Industry subsectors of FDI [Seite 122]
4.3 - 3.3 FDI origin [Seite 126]
4.4 - 3.4 FDI establishment and ownership mode [Seite 130]
4.5 - 3.5 Perceived partner contributions to joint venture success [Seite 139]
4.6 - 3.6 Size of FDI [Seite 144]
4.7 - 3.7 Organizational structure of FDI [Seite 147]
4.8 - 3.8 Age of FDI [Seite 154]
4.9 - 3.9 Market orientation of FDI [Seite 155]
4.10 - 3.10 Summary of findings and Chapter 3 conclusions [Seite 160]
5 - 4. The theoretical underpinnings of FDI performance [Seite 162]
5.1 - 4.1 FDI entry mode [Seite 163]
5.1.1 - 4.1.1 Definitional issues [Seite 164]
5.1.2 - 4.1.2 FDI entry mode and performance [Seite 168]
5.2 - 4.2 FDI Performance [Seite 173]
5.3 - 4.3 Transaction cost determinants of FDI performance [Seite 175]
5.4 - 4.4 Institutional and host country determinants of FDI performance [Seite 180]
5.5 - 4.5 Industry and corporate determinants of FDI performance [Seite 192]
5.6 - 4.6 Cultural and institutional distance determinants of FDI performance [Seite 196]
5.7 - 4.7 Firm resource and internationalization determinants of FDI performance [Seite 199]
5.8 - 4.8 Governance and subsidiary integration determinants of FDI performance [Seite 207]
6 - 5. Empirical analysis of FDI performance in SSA [Seite 210]
6.1 - 5.1 Data and sample [Seite 210]
6.2 - 5.2 Methodology [Seite 211]
6.2.1 - 5.2.1 Dependent variables [Seite 212]
6.2.2 - 5.2.2 Independent variables [Seite 216]
6.2.3 - 5.2.3 Control variables [Seite 223]
6.2.3.1 - 5.2.3.1 Subsidiary age [Seite 223]
6.2.3.2 - 5.2.3.2 Subsidiary size [Seite 224]
6.2.3.3 - 5.2.3.3 Entry mode [Seite 226]
6.2.3.4 - 5.2.3.4 Export orientation [Seite 228]
6.2.3.5 - 5.2.3.5 Industry sector [Seite 229]
6.2.3.6 - 5.2.3.6 Host country [Seite 231]
6.3 - 5.3 Analysis and results [Seite 232]
6.3.1 - 5.3.1 Descriptive results [Seite 232]
6.3.2 - 5.3.2 Principal component analysis of the location factor change matrix [Seite 238]
6.3.3 - 5.3.3 Regression results [Seite 248]
6.4 - 5.4 Summary of findings and Chapter 5 conclusions [Seite 271]
7 - 6. Conclusions, limitations and outlook [Seite 274]
7.1 - 6.1 Summary of findings and contributions [Seite 274]
7.2 - 6.2 Limitations and outlook [Seite 282]
8 - Annex Tables and Figures [Seite 288]
9 - Bibliography [Seite 308]