JED
  • Home

  • |
  • Announcement

  • |
  • Event

  • |
  • Contact Us

  • Editorial Board

    • Editor-in-Chief
    • Editorial Team
  • Policies & Guidelines

    • Journal Information
    • Guidelines for Authors
    • Guidelines for Reviewers
    • Publication Ethics
  • Online Submission

    • Authors
    • Reviewers
    • Editors
  • Archives

    • Current Issue
    • All Issues
    • Search for Articles
  • Indexing & Abstracting

    • Scopus
    • Web of Science ESCI
    • Asean Citation Index
    • Google Scholar
    • V-CitationGate
    • Crossref
    • DOAJ
    • Cabell's Directories
    • EBSCO Discovery Service
    • ROAD
    • Summons (ProQuest)
    • WorldCat
    • ProQuest Central
    • EconLit

The current issue

Volume 27, Number 1, 2025
Volume 27, Number 1, 2025
Search for Articles
Home / Archives / All Issues / Volume 24, Number 1, 2022
Volume 24, Number 1, 2022 << Back
Journal of Economics and Development, Vol. 24 No. 1, pp. 33-46. https://doi.org/10.1108/JED-02-2021-0021

Regional economic integration, natural resources and foreign direct investment in SADC

Gameli Adika

Abstract:
Purpose

This paper aims to examine the role of economic integration and natural resources and foreign direct investment (FDI) complementarity in explaining economic growth in the Southern African Development Community (SADC).

Design/methodology/approach
The study employed the ordinary least square-random effects and the generalized two-stage least square instrumental variables (IV) regression to examine the relationship between the variables.

Findings
The authors find that regional economic integration and natural resource abundance are essential for promoting economic growth. The results further show a potential resource curse phenomenon, offset by the complementary effect of FDI in resource-rich countries. The findings are robust after conditioning for different measures of institutional quality.

Practical implications
The findings suggest the need for deeper regional trade integration and international cooperation, prudent natural resource management and concerted effort toward economic diversification.

Originality/value
Many studies have examined the determinants of economic growth in the Southern African Development Community (SADC). However, these studies did not incorporate or assess the potential of economic integration in the region. Moreover, studies that examined the growth effects of FDI did not assess the complementary role of the region's natural resource endowment which potentially drives FDI inflows. This study fills these gaps and provides a robust analysis of economic growth drivers in the region.

Keywords:Regional integration, Natural resources, Foreign direct investment, Economic growth, SADC
Download full text:  

Other articles

  • Political institutions and economic performance in Ethiopia: an auto regressive distributed lag bound approach to co-integration

    Fikadu Abera Garedow

     
  • The impact of the Vietnam Bank for Social Policies preferential credit on household welfare in Vietnam: a panel data analysis

    An Duong; Ernoiz Antriyandarti

     
  • Using PLS-SEM to analyze challenges hindering success of green building projects in Vietnam

    Quangdung Tran; Dechun Huang

     
  • Health hazard of using mosquito repellent in Khulna city, Bangladesh

    Muniva Islam; Mohammed Ziaul Haider; Sk. Faijan Bin Halim

     
#1406 Building A1, National Economics University, 207 Giai Phong, Hanoi
Tel: +84 (0) 24. 36280280 - Ext: 6407 | Email: submission@ktpt.edu.vn
Publishing License: 159/GP-BTTTT dated 08 May 2023
Copyright © Journal of Economics & Development. All rights reserved