The impact of foreign direct investment on economic growth in Ghana

Simple item page
dc.contributor.authorNuworkpor, Elikplim Victor
dc.date.accessioned2016-10-11T10:28:06Z
dc.date.accessioned2023-04-20T15:00:59Z
dc.date.available2016-10-11T10:28:06Z
dc.date.available2023-04-20T15:00:59Z
dc.date.issued2016
dc.descriptionA thesis submitted to The Department of Economics in partial fulfilment of the requirement for the award of the degree of Masters of Science in Economics, en_US
dc.description.abstractThe issue of economic growth has become a great concern for many economies. The growth of economies has been attributed to many factors. To contribute to this subject, the study empirically investigated the impact of foreign direct investment (FDI) on economic growth using evidence from Ghana. Using time series data spanning from 1980 to 2012, Autoregressive Distributed Lagged model (ARDL) is employed for the study. The study found that there is a significant positive impact of Foreign Direct Investment (FDI) and Gross Domestic Savings (GDS) on economic growth in both short and long run. The study further shows that, inflation significantly impacts negatively on economic growth in the short run but has insignificant negative impact in the long run. Government consumption expenditure significantly impacts positively on economic growth in the short run but has insignificant positive impact in the long run. The results subsequently show that there is unidirectional causality between FDI and economic growth. That is FDI granger causes economic growth in Ghana. Owing to the significant positive impact of FDI on economic growth revealed by the study, policies that seek to attract FDI inflow into the country should be embarked upon to further enhance economic growth of Ghana.en_US
dc.description.sponsorshipKNUSTen_US
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/9185
dc.language.isoenen_US
dc.titleThe impact of foreign direct investment on economic growth in Ghanaen_US
dc.typeThesisen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
NUWORKPOR, Elikplim Victor.pdf
Size:
1.16 MB
Format:
Adobe Portable Document Format
Description:
Full Thesis
Download
License bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
license.txt
Size:
1.73 KB
Format:
Item-specific license agreed to upon submission
Description:
Download
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description:
Download
Collections
College of Humanities & Social Sciences