声明
ABSTRACT
ACKNOWLEDGEMENT
Table of contents
ABBREVIATIONS
1.INTRODUCTION
1.1 Motivation
1.2 A brief background of Botswana
1.2.1 Socio-Political Background
1.2.2 Economic performance
1.3 Thesis Aim
1.4 Methodology and Research Questions
1.5 Thesis Structure
2.LITERATURE REVIEW
2.1 Theoretical Framework
2.2 Survey of Empirical Studies on the impact of FDI on Economic Growth at aggregate level
2.3 Survey of Empirical Studies on the impact of FDI on the different sectors of the economy
2.4 Surveyed Literature on the Determinants of FDI
2.5 Surveyed Literature on absorptive capacity factors
3.THE EFFECT OF SECTORAL FDI INFLOW ON ECONOMIC GROWTH IN BOTSWANA
3.1 A preview of Botswana’s Industrial Performance
3.3 Methodology and Empirical Specification
3.3.1 Empirical Specification of the aggregate impact of FDI on Growth
3.4.1 Empirical Specification of the growth effect of FDI in the different sectors of the economy
4.THE IMPACT OF THE COUNTRY’S ABSORPTIVE CAPACITY FACTORS ON THE FDI/GROWTH RELATIONSHIP
4.1 Human Capital Readiness
4.1.1 Culture Difference and Work Ethics
4.2 Technological Readiness
4.3 Empirical Specification
4.4 Data and Variables
4.5 Empirical Results
5:DETERMINANTS OF FDI
5.1 Botswana’s Investment Climate
5.2 The Effect of Growth in attracting FDI
5.2.1.Market seeking FDI
5.2.2 Efficiency seeking FDI
5.3 Empirical Specification
5.4 Discussion of the Results
6.CONCLUSIONS AND POLICY IMPLICATIONS
6.1 Limitations and Prospects
REFERENCES
APPENDlCES
Appendix 1 Summary of Key Trade-supportive strategies and policy pronouncements include
Appendix 2 Table3.3.1.3:Results of Unit Root Tests and Integration Order