Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis

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Main Authors: Ibrahim, Nandom Yakubu, Abdul Azeez, Mikhail
Other Authors: kassiibrahim@gmail.com
Format: Article
Language:English
Published: School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) 2019
Subjects:
OLS
Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/61018
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spelling my.unimap-610182019-07-11T04:03:51Z Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis Ibrahim, Nandom Yakubu Abdul Azeez, Mikhail kassiibrahim@gmail.com Determinants Foreign direct investment Ghana OLS Sector Link to publisher's homepage at http://ijbt.unimap.edu.my This study assesses the determinants of foreign direct investment (FDI) at sector level in Ghana taking into consideration the agriculture sector, services sector, and manufacturing sector. Using sector level data spanning 2000-2014, findings from the Ordinary Least Squares (OLS) regression analysis show that market size (measured by GDP) and labour cost have a significant impact on the inflows of agriculture sector FDI. The results also confirm trade openness and exchange rate to significantly influence services sector FDI. Unexpectedly, none of the variables are found to have significant effect on manufacturing sector FDI. The study recommends that the government should implement strategies that will enhance the growth of Ghana’s GDP, and deregulate the economy to allow more foreign investors into the country. 2019-07-11T04:03:51Z 2019-07-11T04:03:51Z 2019-06 Article International Journal of Business and Technopreneurship, vol.9(2), 2019, pages 113-122 2231-7090 2232-1543 (online) http://dspace.unimap.edu.my:80/xmlui/handle/123456789/61018 en School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Determinants
Foreign direct investment
Ghana
OLS
Sector
spellingShingle Determinants
Foreign direct investment
Ghana
OLS
Sector
Ibrahim, Nandom Yakubu
Abdul Azeez, Mikhail
Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis
description Link to publisher's homepage at http://ijbt.unimap.edu.my
author2 kassiibrahim@gmail.com
author_facet kassiibrahim@gmail.com
Ibrahim, Nandom Yakubu
Abdul Azeez, Mikhail
format Article
author Ibrahim, Nandom Yakubu
Abdul Azeez, Mikhail
author_sort Ibrahim, Nandom Yakubu
title Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis
title_short Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis
title_full Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis
title_fullStr Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis
title_full_unstemmed Determinants of Foreign Direct Investment in Ghana: A Sectoral Analysis
title_sort determinants of foreign direct investment in ghana: a sectoral analysis
publisher School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
publishDate 2019
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/61018
_version_ 1643806549020246016
score 13.211869