Do external debt and foreign direct investment (FDI) inflow support economic growth? Evidence from Ghana
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F23%3A63561359" target="_blank" >RIV/70883521:28120/23:63561359 - isvavai.cz</a>
Alternative codes found
RIV/62156489:43110/23:43923290 RIV/62156489:43410/23:43923290
Result on the web
<a href="https://czasopisma.uni.lodz.pl/fipf/article/view/17172" target="_blank" >https://czasopisma.uni.lodz.pl/fipf/article/view/17172</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18778/2391-6478.1.37.08" target="_blank" >10.18778/2391-6478.1.37.08</a>
Alternative languages
Result language
angličtina
Original language name
Do external debt and foreign direct investment (FDI) inflow support economic growth? Evidence from Ghana
Original language description
The purpose of the article/hypothesis: The prime objective of this study is to discover whether external debt and foreign direct investment promote economic development. The paper investigates whether external debt and foreign direct investment inflows stimulate economic growth, intending to determine the causal relationship between the variables to serve as a substantial factor for policymakers. Methodology: Numerous econometrics techniques were employed to ensure the findings' effectiveness and accuracy, including the stationarity test, Johansen cointegration test, and multiple regression (ordinary least squares). The hypothesis test that external debt and foreign direct investment inflows do not attain their justification of ensuring economic growth was conducted empirically. Results of the research: The outcome revealed that external debt and foreign direct investment positively and significantly support Ghana's economic growth. This leads to the conclusion that these variables fulfilled their purpose.
Czech name
—
Czech description
—
Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
—
OECD FORD branch
50203 - Industrial relations
Result continuities
Project
—
Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Finanse i Prawo Finansowe
ISSN
2391-6478
e-ISSN
2353-5601
Volume of the periodical
1
Issue of the periodical within the volume
37
Country of publishing house
PL - POLAND
Number of pages
16
Pages from-to
139-154
UT code for WoS article
—
EID of the result in the Scopus database
—