The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana's Economy
Identifikátory výsledku
Kód výsledku v 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>
Výsledek na webu
<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>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana's Economy
Popis výsledku v původním jazyce
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.
Název v anglickém jazyce
The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana's Economy
Popis výsledku anglicky
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.
Klasifikace
Druh
J<sub>ost</sub> - Ostatní články v recenzovaných periodicích
CEP obor
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OECD FORD obor
50202 - Applied Economics, Econometrics
Návaznosti výsledku
Projekt
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Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2022
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Asian Journal of Economics and Empirical Research
ISSN
2518-010X
e-ISSN
2409-2622
Svazek periodika
9
Číslo periodika v rámci svazku
1
Stát vydavatele periodika
CA - Kanada
Počet stran výsledku
8
Strana od-do
59-66
Kód UT WoS článku
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EID výsledku v databázi Scopus
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