Does Corruption undermine Kenya's FDI Inflows?
(2021) EKHS21 20211Department 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:
http://lup.lub.lu.se/student-papers/record/9065528
- author
- Chol, Joyce Tethloach Makuei LU
- supervisor
-
- Sean Kenny LU
- organization
- course
- EKHS21 20211
- year
- 2021
- 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}}, }