The relationship between Investment and economic growth in Developing Countries: A Case in Ghana
Article Metrics Report
Views, downloads, citations, engagementCited by
Current citation countResearch summary
This paper uses simple regression analysis for a time series data between 1981 and 2000 to assess the relationship between FDI and economic growth in Ghana. The general thought of the paper is that FDI does not result in or indicate a robust positive influence on economic growth for the period under consideration: 1981-2000
Article History
How to Cite
Darko, D.. (2012). The relationship between Investment and economic growth in Developing Countries: A Case in Ghana. Journal of Business and Retail Management Research, Volume 01 Issue 2.
Citation Context
APA
Darko, D.. (2012). The relationship between Investment and economic growth in Developing Countries: A Case in Ghana. Journal of Business and Retail Management Research, Volume 01 Issue 2.
MLA
Darko, Duke. "The relationship between Investment and economic growth in Developing Countries: A Case in Ghana." Journal of Business and Retail Management Research, Volume 01 Issue 2, 2012.
Chicago
Duke Darko. "The relationship between Investment and economic growth in Developing Countries: A Case in Ghana." Journal of Business and Retail Management Research Volume 01 Issue 2 (29 Feb 2012).
Harvard
Darko, D. (2012) The relationship between Investment and economic growth in Developing Countries: A Case in Ghana. Journal of Business and Retail Management Research, Volume 01 Issue 2
References
- Arestis, P., and Demetriades, P.O., 1997, “Financial Development and Economic Growth: Assessing the Evidence”, The Economic Journal, 107(442), Vol.107, pp.783-799.
- Basu, A., Calamitsis, A., Ghura, D., 2000, “Promoting Growth in Sub-Saharan Africa”, International Monetary Fund.
- Beddies, C.H., “Investment, Capital Accumulation and Growth: Some Evidence from the Gambia, 1964-1998”, International Monetary Fund, August, 103/99/117.
- Bloomstrom, M., Lipsey, R.E., and Zejan, M., 1996, “Is fixed Investment the Key to Economic Growth?" The Quarterly Journal of Economics, Vol.111, No.1, Feb., pp. 269-276.
- Borensztein. E., De Gregario, J., and Lee, J.W., 1998, “How Does Foreign Direct Investment Affect Growth?”, Journal of International Economics, Vol. 45, pp. 115-135.
- Coe, D.T., and Hoffmaister, A.W., 1998, “North South Trade: Is Africa Unusual?” International Monetary Fund, Working Paper WP/98/94.
- Demean, J.P, Knell, M., Majcen, B., and Rojec, M., 2003, “Technology Transfer Through FDI in Top-10 Transition Countries: How Important Are Direct Effects, Horizontal and Vertical Spill overs?”, Working Paper No.17, Feb.2003, in: http://www.jer.si/htm/publikacije/working%20paper-17.pdf.
- Dollar, D., and Kraay, A., “Growth is Good for the Poor”, The World Bank, March, 2000, in http://www.worldbank.org/research/growth/pdfiles/growthgoodforpoor.pdf.
- Henry, P., 2000, “Stock Market Liberalization, Economic Reform and Emerging Market Equity Prices”, Journal of Finance, Volume 55, April, pp.529-564.
- Heston, A., Summers, R., and Aten, B., 2006, Penn World Table Version 6.2, Centre for International Comparisons of Production, Income and Prices at the University of Pennsylvania, September.
- Lejour, A., and Nahuis, R., Uncovering the fuzzy Link between Openness and Growth, in: http://www.etsg.org/ETSG 2000/papers/Lejour-pdf, Trade and R&D spill overs.
- Marrotas, G., and Chowdury, A., FDI and Growth: What Causes What? 6-7 September, 2003, in: http://www.wider.unu.edu/conference-2003-3/Conference-2003-3-papers/Chowdury-Marroks-1408.pdf.
- McPherson, M.F., and Rakovski, T., Trade and Growth in Sub-Saharan Africa: Further Empirical Evidence, May 2001, in: http://www.eagerproject.com/discussion64.shtml.
- Mankiw, N.G., Romer, D., and Weil, D., et al., 1992 “Contribution to the Empirics of Economic Growth”, Quarterly Journal of Economics, Vol.107, May, pp.406-432.
- Miller, S.M., and Uphady, M.P., 2000, “The Effects of Openness, Trade Orientation and Human Capital on Total Factor Productivity”, Journal of Development Economics, 63,399-423.
- Ramachandran, V., 1993, “Technology Transfer, Firm Ownership, and Investment in Human Capital”, The Review of Economics and Statistics, 1993, Vol. 75, pp. 664-670.
- Sarfo, A., 2003, As Oil Eludes Ghana, It attracts FDI to Chad and Sudan, http://www.sudantribune.com/article.php?id article=299 (8th. September).
- Townsend, R. M., 1979, "Optimal Contracts and Competitive Markets with Costly State Verification", Journal of Economic Theory, Elsevier, Vol. 21(2), pp. 265-293, October.
- Zhang S., 2004, The Link Between Trade and Openness; Export Effects, Imports Effects or Both? February, in: http://www.faculty.maxwell.5yr.edu/jondrich/papersonline/shuo.jan.dave-10.pdf