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Інформація × Реєстраційний номер 2124U008148, Матеріали видань та локальних репозитаріїв Категорія Стаття Назва роботи Effects of foreign direct investment on economic growth in Ghana: the role of institutions Автор Kulu EvansMensah SamuelSena Prince Mike Дата публікації 12-07-2024 Постачальник інформації Харківський національний економічний університет імені Семена Кузнеця Першоджерело http://repository.hneu.edu.ua/handle/123456789/33152 Видання ХНЕУ ім. С. Кузнеця Опис The role of institutions in both the inflow and the impact of foreign direct investment is of great importance. The quality of institutions in a country can direct investment towards improving growth. This paper analyzes the individual and combined effect of foreign direct investment and institutions on economic growth in Ghana. The paper used the Auto Regressive Distributed Lag (ARDL) technique for secondary data obtained from 1995 to 2019. All data series, except for the quality institution index, were drawn from the World Bank Development Indicators. Institutional Quality Index data was obtained from the Heritage Foundation’s Economic Freedom Index website. The results of the ARDL model indicate that foreign direct investment and a quality institutional index together have a significantly positive effect on a country’s economic growth compared to their individual effects in both the short and long run. The study recommends that government policies should be aimed at attracting foreign direct investment while strengthening institutions and regulations to enhance output growth. Додано в НРАТ 2025-11-10 Закрити