IES Management College And Research Centre

Democracy, Globalization and Private Investment in Ghana (Record no. 49629)

MARC details
000 -LEADER
fixed length control field 01822nam a2200241 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20180419161259.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180419b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Obeng, Samuel Kwabena
9 (RLIN) 31223
245 ## - TITLE STATEMENT
Title Democracy, Globalization and Private Investment in Ghana
300 ## - PHYSICAL DESCRIPTION
Extent 1–20 P.
520 ## - SUMMARY, ETC.
Summary, etc The article examines the effects of democracy and globalization on private investment in Ghana for the period 1980–2012, using the autoregressive distributed lag (ARDL) bounds test for cointegration and the error correction model (ECM). Two models are used. In Model 1, democracy is proxy by an index for institutional quality (Polity 2), while Model 2 uses an index for civil liberties as proxy for democracy. The results for Model 1 show globalization and public investment increase private investment, while exchange rate volatility and trade openness decrease private investment in both the long and short run. In addition, national income and interest rate reduce private investment in the short run. In the case of Model 2, credit to the private sector and public investment increase private investment, while exchange rate volatility and trade openness decrease private investment in both the long and short run. Finally, national income and interest rate reduce private investment in the short run. The findings and policy recommendations of the article provide vital information for policy implementation in Ghana.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Democracy
Uncontrolled term globalization
Uncontrolled term private
Uncontrolled term investment
Uncontrolled term ARDL
Uncontrolled term ECM
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Akoto, Linda
9 (RLIN) 31224
Personal name Acquah, Felicia
9 (RLIN) 31225
773 0# - HOST ITEM ENTRY
Host Biblionumber 29349
Host Itemnumber 70278
Main entry heading BANIK, ARINDAM
Place, publisher, and date of publication NEW DELHI SAGE PUBLISHING PVT. LTD.
Other item identifier 5558623
Title GLOBAL BUSINESS REVIEW
International Standard Serial Number 0972-1509
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 19/04/2018   /Vol 19, No 1/ 5558623JA1 5558623JA1 19/04/2018 19/04/2018

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM