Domestic and foreign direct investment in Ghanaian agriculture
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.
Keywords
Citation
Gameli Djokoto, J., Yao Srofenyoh, F. and Gidiglo, K. (2014), "Domestic and foreign direct investment in Ghanaian agriculture", Agricultural Finance Review, Vol. 74 No. 3, pp. 427-440. https://doi.org/10.1108/AFR-09-2013-0035
Publisher
:Emerald Group Publishing Limited
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