Infrastructure Quality and FDI Inflows: Evidence from the Arrival of High-Speed Internet in Africa
Does ambient infrastructural quality affect foreign direct investment (FDI) in developing countries This paper investigates how the arrival of high-speed internet in Africa triggered FDI into the banking and technology services sectors. It also explores the role of complementary infrastructure, such...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2022
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Does ambient infrastructural quality affect foreign direct investment (FDI) in developing countries This paper investigates how the arrival of high-speed internet in Africa triggered FDI into the banking and technology services sectors. It also explores the role of complementary infrastructure, such as access to reliable electricity, in amplifying the impact of internet connectivity on investment. The identification strategy exploits plausibly exogenous variations in access to high-speed internet induced by the staggered arrival of submarine fiber-optic internet cables and the subsequent rollout of terrestrial fiber cable networks across locations on the continent. Findings from the paper show that access to high-speed internet induces FDI into the banking and technology sectors. However, the impact pertains mainly to countries with access to reliable electricity, thus highlighting the role of complementarities in the impact of infrastructure |
Beschreibung: | 1 Online-Ressource (29 Seiten) |
DOI: | 10.1596/1813-9450-9946 |
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spellingShingle | Mensah, Justice Tei Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa Business Process Outsourcing Digital Marketplace Energy Policies and Economics Foreign Direct Investment Information and Communication Technologies Infrastructural Investment Infrastructure Quality International Economics and Trade International Trade and Trade Rules Investment and Investment Climate Macroeconomics and Economic Growth Online Banking Public Infrastructure Technology Sector |
title | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa |
title_auth | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa |
title_exact_search | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa |
title_exact_search_txtP | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa |
title_full | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa Justice Tei Mensah |
title_fullStr | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa Justice Tei Mensah |
title_full_unstemmed | Infrastructure Quality and FDI Inflows Evidence from the Arrival of High-Speed Internet in Africa Justice Tei Mensah |
title_short | Infrastructure Quality and FDI Inflows |
title_sort | infrastructure quality and fdi inflows evidence from the arrival of high speed internet in africa |
title_sub | Evidence from the Arrival of High-Speed Internet in Africa |
topic | Business Process Outsourcing Digital Marketplace Energy Policies and Economics Foreign Direct Investment Information and Communication Technologies Infrastructural Investment Infrastructure Quality International Economics and Trade International Trade and Trade Rules Investment and Investment Climate Macroeconomics and Economic Growth Online Banking Public Infrastructure Technology Sector |
topic_facet | Business Process Outsourcing Digital Marketplace Energy Policies and Economics Foreign Direct Investment Information and Communication Technologies Infrastructural Investment Infrastructure Quality International Economics and Trade International Trade and Trade Rules Investment and Investment Climate Macroeconomics and Economic Growth Online Banking Public Infrastructure Technology Sector |
url | https://doi.org/10.1596/1813-9450-9946 |
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