The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana's Economy
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F22%3A43921392" target="_blank" >RIV/62156489:43110/22:43921392 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.20448/ajeer.v9i1.3876" target="_blank" >https://doi.org/10.20448/ajeer.v9i1.3876</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.20448/ajeer.v9i1.3876" target="_blank" >10.20448/ajeer.v9i1.3876</a>
Alternative languages
Result language
angličtina
Original language name
The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana's Economy
Original language description
The flow of foreign direct investment (FDI) into the Ghanaian economy has contributed significantly to the various sectors. This study seeks to assess the impact of registered investment (FDI and domestic) projects on employment generation in the agriculture, building & construction, manufacturing, and service sectors. The data for this study was obtained from the Ghana Investment Promotion Centre (GIPC) for the period 2001 to 2018. The Kwiatkowski-Phillips-Schmidt-Shin (KPSS) test showed a unit root existence in the time series. The regression results show no significant impact of registered investment projects on the agriculture and manufacturing sectors at a 5% significance level. Our findings also indicated that employment creation through registered investment projects has no effect on the manufacturing industry. The outcome also revealed that the service sector benefits more from FDI than the other sectors. It is recommended that the government boost these non-performing sectors with incentives to attract more investors.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Asian Journal of Economics and Empirical Research
ISSN
2518-010X
e-ISSN
2409-2622
Volume of the periodical
9
Issue of the periodical within the volume
1
Country of publishing house
CA - CANADA
Number of pages
8
Pages from-to
59-66
UT code for WoS article
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EID of the result in the Scopus database
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