IDEAS home Printed from https://ideas.repec.org/a/hur/ijarbs/v5y2015i12p167-184.html
   My bibliography  Save this article

FDI, Economic Growth and Service Sector Value Additions in Ghana

Author

Listed:
  • Mustapha Immurana
  • Joseph Yensu
  • Sahabi Ibrahim
  • Baba Adam

Abstract

Empirical literature on the impact of FDI on economic growth has been mixed. However some researchers are of the opinion that the inconclusiveness could be attributed to how FDI affects the various sectors of the Economy and not Growth as a whole. Therefore given that governments of developing economies including Ghana have been putting in place measures in order to attract FDI to stimulate economic growth, this study investigated the impact of FDI on economic growth and service sector value additions in Ghana. By employing the Johansen Cointegration technique, the study revealed FDI to have a positive significant impact on economic growth both in the long-run and short run and rather only a positive significant impact on the service sector in the short run.

Suggested Citation

  • Mustapha Immurana & Joseph Yensu & Sahabi Ibrahim & Baba Adam, 2015. "FDI, Economic Growth and Service Sector Value Additions in Ghana," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(12), pages 167-184, December.
  • Handle: RePEc:hur:ijarbs:v:5:y:2015:i:12:p:167-184
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/FDI_Economic_Growth_and_Service_Sector_Value_Additions_in_Ghana1.pdf
    Download Restriction: no

    File URL: http://hrmars.com/hrmars_papers/FDI_Economic_Growth_and_Service_Sector_Value_Additions_in_Ghana1.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijarbs:v:5:y:2015:i:12:p:167-184. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/IJARBSS .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.