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Does Corruption undermine Kenya's FDI Inflows?

Chol, Joyce Tethloach Makuei LU (2021) EKHS21 20211
Department of Economic History
Abstract
This thesis analyses the effect of corruption on Kenya's low and fluctuant FDI inflows.
Institutions have increasingly been crucial for all economic aspects, including FDI. As a
component of institutions, corruption has been found to 'sand the wheels' of FDI and economic
prosperity. To confirm this hypothesis, this paper employed an ARDL model and found that
corruption had a negative and significant effect on FDI inflows in the short run. However, in
the long run, corruption's adverse effects diminish and even becomes positive but statistically
insignificant. Overall, it was apparent that foreign investors make their decisions based on
recent economic numbers rather than on factors of years back.
Please use this url to cite or link to this publication:
author
Chol, Joyce Tethloach Makuei LU
supervisor
organization
course
EKHS21 20211
year
type
H1 - Master's Degree (One Year)
subject
keywords
FDI, Corruption, ARDL Approach
language
English
id
9065528
date added to LUP
2021-09-16 10:59:19
date last changed
2021-09-16 10:59:19
@misc{9065528,
  abstract     = {{This thesis analyses the effect of corruption on Kenya's low and fluctuant FDI inflows.
Institutions have increasingly been crucial for all economic aspects, including FDI. As a
component of institutions, corruption has been found to 'sand the wheels' of FDI and economic
prosperity. To confirm this hypothesis, this paper employed an ARDL model and found that
corruption had a negative and significant effect on FDI inflows in the short run. However, in
the long run, corruption's adverse effects diminish and even becomes positive but statistically
insignificant. Overall, it was apparent that foreign investors make their decisions based on
recent economic numbers rather than on factors of years back.}},
  author       = {{Chol, Joyce Tethloach Makuei}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Does Corruption undermine Kenya's FDI Inflows?}},
  year         = {{2021}},
}