Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Domestic and foreign direct investment in Ghanaian agriculture

Domestic and foreign direct investment in Ghanaian agriculture Purpose – The purpose of this paper is to investigate the effects of foreign direct investment (FDI) into agriculture on domestic investment in agriculture. Design/methodology/approach – Time series data from 1976 to 2007 was fitted to a derived model. Findings – Foreign direct investment into agriculture crowd‐in domestic investment into agriculture. Research limitations/implications – A targeted approach that will attract foreign direct investment into agriculture is required as to complement existing efforts at boosting domestic agricultural investment. Originality/value – Numerous papers investigated the relationship between foreign direct investment and domestic investment at the aggregate national and regional levels. However, the evidence for this relationship has been conflicting. That for agriculture is rare. For Ghana, a developing agrarian economy that has promoted foreign direct investment for some decades now, it is imperative to establish the relationship between foreign direct investments and domestic investment. Also, the estimation was based on a theoretically derived model. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Agricultural Finance Review Emerald Publishing

Domestic and foreign direct investment in Ghanaian agriculture

Download PDF
14 pages

Loading next page...
 
/lp/emerald-publishing/domestic-and-foreign-direct-investment-in-ghanaian-agriculture-ML03iFWj1B
Publisher
Emerald Publishing
Copyright
Copyright © 2014 Emerald Group Publishing Limited. All rights reserved.
ISSN
0002-1466
DOI
10.1108/AFR-09-2013-0035
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to investigate the effects of foreign direct investment (FDI) into agriculture on domestic investment in agriculture. Design/methodology/approach – Time series data from 1976 to 2007 was fitted to a derived model. Findings – Foreign direct investment into agriculture crowd‐in domestic investment into agriculture. Research limitations/implications – A targeted approach that will attract foreign direct investment into agriculture is required as to complement existing efforts at boosting domestic agricultural investment. Originality/value – Numerous papers investigated the relationship between foreign direct investment and domestic investment at the aggregate national and regional levels. However, the evidence for this relationship has been conflicting. That for agriculture is rare. For Ghana, a developing agrarian economy that has promoted foreign direct investment for some decades now, it is imperative to establish the relationship between foreign direct investments and domestic investment. Also, the estimation was based on a theoretically derived model.

Journal

Agricultural Finance Review – Emerald Publishing

Published: Aug 26, 2014

Keywords: Agriculture; Foreign direct investment; Ghana; Crowd‐in effect; Domestic investment

References

  • Foreign direct investment, domestic investment, and economic growth in sub‐Saharan Africa
    Adams, S.
  • The relationship between domestic investment and economic growth in Nigeria
    Alfa, A.B.; Garba, T.
  • The effects of foreign direct investment on private domestic investment: evidence from developing countries
    Al‐Sadig, A.
  • The effect of foreign capital on domestic investment in Togo
    Amadou, A.
  • The crowd‐in and crowd‐out effect of inward foreign direct investment on domestic investment: what is the evidence for Ghana?
    Djokoto, J.G.
  • The causal relationships between foreign direct investment (FDI), domestic investment (DI) and economic growth (GDP) in north African non‐oil producing countries: empirical evidence from cointegration analysis
    Elboiashi, H.; Noorbakhsh, F.; Paloni, A.; Azemar, C.
  • FAO food and agricultural database
    FAOSTAT
  • An analysis of the effect of government expenditure on gross domestic private investment in Nigeria 1975‐2009
    Gatawa, N.M.; Bello, M.Z.
  • Analysing the relationship between foreign direct investment, domestic investment and economic growth for Pakistan
    Ghazali, A.
  • The GIPC quarterly update
    GIPC
  • International investment in developing country agriculture – issues and challenges
    Hallam, D.
  • Roll out the red carpet and they will come: investment promotion, information asymmetries and FDI inflows
    Harding, T.; Javorcik, B.S.
  • State of the Ghanaian Economy Report
    ISSER
  • Official flows, export revenue, volatility and domestic investment in Cameroon
    Khan, S.A.
  • Does foreign direct investment inflow crowd out domestic investment in Korea?
    Kim, D.D.‐K.; Seo, J.‐S.
  • The impact of foreign direct investment on domestic savings and investment in select developing economies
    Lalwani, M.
  • Linkages between foreign direct investment, domestic investment and economic growth in Malaysia
    Lean, H.H.; Tan, B.W.
  • Analysis of the cointegration among domestic consumption, investment and GDP of Shandong province
    Li, H.P.; Li, Z.M.
  • Foreign direct investment: leader or follower?
    Mcmillan, M.
  • Foreign direct investment and agriculture security empirical analysis based on the crowding‐out effect on domestic investment and employment
    Miao, M.S.Z.L.
  • The impact of capital flows on domestic investment in transition economies
    Mileva, E.
  • Does foreign direct investment crowd in or crowd out domestic investment?
    Mišun, J.; Tomšík, V.
  • The linkages between foreign direct investment and domestic investment: unravelling the developmental impact of foreign investment in sub‐Saharan Africa
    Ndikumana, L.; Verick, S.
  • The dynamic relationship between private domestic investment, the user cost of capital, public investment, foreign direct investment and economic growth in Malaysia
    Tan, B.W.; Tang, C.F.
  • Foreign direct investment, domestic investment and economic growth in China: a time series analysis
    Tang, S.; Selvanathan, E.A.; Selvanathan, S.
  • World Investment Report; Transnational Corporations, Agricultural Production and Development
    UNCTAD
  • UNCTAD database; UNCTADSTAT
    UNCTAD
  • UNSTAT database
    UNSTAT
  • Foreign direct investment and domestic investment in the host country: evidence from panel study
    Wang, M.
  • Annual Report
    World Bank
  • The effect of foreign direct investment on domestic capital formation, trade, and economic growth in a transition economy: evidence from China
    Xu, G.; Wang, R.