Q2. What future works have the authors mentioned in the paper "Foreign direct investment, information technology and economic growth dynamics in sub-saharan africa" ?
Future studies can improve the established findings by reconsidering the problem statement within country-specific frameworks. Hence, smartphones should be considered in future studies. It is also worthwhile to note that smartphones can be better than mobile phones in facilitating the absorptive capacity of FDI for economic growth because smartphones are designed to be connected to the internet. “ Estimating South Africa 's Output Gap and Potential Growth Rate, ” South African Journal of Economics, 85 ( 2 ), pp. 161-177.
Q3. What is the main reason ICT can modulate the effect of FDI on economic growth?
The main reason ICT can modulate the effect of FDI on economic growth is because, in this era of knowledge-based economies, ICT represents a factor of production because it facilitates, inter alia: the acquisition of raw materials needed for the production process, communication between various departments of production and the management of production.
Q4. What is the role of ICT in the economic prosperity of a country?
ICT is relevant in the economic prosperity of a country because it helps to boostthe country’s production capacity in a plethora of economic sectors (Hong, 2016).
Q5. What is the evidence of the underlying negative nexus?
It follows that the corresponding efficiency prevailing in sector 2 represents a fraction of that prevailing in sector 1:12 AA (8)1The fixed cost can be written as:)( FDINfF where, 0 FDIN F(9)The evidence of the underlying negative nexus is characteristic of monopolistic rents for sector 1.
Q6. What are the critical masses for complementary policies?
These critical masses for complementary policies take into account the narrative of decreasing conditional or interactive effects.
Q7. What is the role of technology in facilitating FDI?
(iii) According to the linkages mechanism, FDI is facilitated by existing levels of technology, and foreign investments are also a means of technology transfer to domestic firms.
Q8. What is the reason why Roodman (2009) is sympathetic to the identification strategy?
Roodman (2009) is sympathetic to this identification strategy because according to him, it is not likely for the identified strictly exogenous variables to be endogenous after a first difference.
Q9. Why is the importance of information technology more contemporary in driving development outcomes in SSA?
This is mainly because in most developing countries, while FDI has been an important determinant of economic growth since political independence, the importance of information technology is comparatively more contemporary in driving development outcomes (Veeramacheneni, Vogel & Ekanayake, 2008).
Q10. What are the main factors that contribute to the positive effects of FDI?
Some of the documented complementary policies that facilitate the absorptive capacity of FDI entail the improvement of human resources, enhanced financial access and institutional development (Nguyen, Duysters, Patterson & Sander, 2009).
Q11. What is the main reason why the SSA-centric research is used?
consistent with the theoretical underpinnings and recent SSA-centric research (Ssozi & Asongu, 2016a), education or human capital is needed to boost economic productivity.
Q12. What are the main factors that are used in the conditioning information set?
Consistent with the theoretical underpinnings discussed in the previous section, the adopted control variables in the conditioning information set are also motivated by factors that are essential for FDI to boost economic development.