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BUSINESS AND ECONOMICS RESEARCH JOURNAL

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Article Information
Journal: Business and Economics Research Journal
Title of Article: Foreign Technology Absorption in Sub-Saharan Africa: A Long-Term Analysis of the Nature and Stability of Relationships
Author(s): Katarzyna Świerczyńska, Agata Kliber
Volume: 9
Number: 3
Year: 2018
Page: 463-479
ISSN: 2619-9491
DOI Number: 10.20409/berj.2018.117
Abstract
The goal of this paper is to investigate the relationships between the process of technology absorption, official development aid (ODA), foreign direct investment (FDI), and import in Sub-Saharan Africa. We investigate long-run relationships between the process of technology absorption in the region. The investigation is based on such variables as ODA, FDI as well as import from developing and developed economies to estimate co-integration relationships and error-correction models. The results obtained indicate that aid and import from the South are more likely to cause the absorption of technology than other directions of flow.

Keywords: Sub-Saharan Africa, Foreign Technology Absorption, Official Development Aid, Foreign Direct Investment

JEL Classification: O11, O55, F35

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