Effects of Macroeconomic Factors on Foreign Direct Investment in Kenya

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Effects of Macroeconomic Factors on Foreign Direct Investment in Kenya

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dc.contributor.author Karau, James
dc.contributor.author Ng’ang’a, Paul
dc.date.accessioned 2021-06-25T10:53:33Z
dc.date.available 2021-06-25T10:53:33Z
dc.date.issued 2019
dc.identifier.citation Karau, J., & Ng’ang’a, P. (2019). Effects of Macroeconomic Factors on Foreign Direct Investment in Kenya. The International Institute for Science, Technology and Education (IISTE). European Journal of Business and Management, Vol.11(3). en_US
dc.identifier.issn 2222-1905
dc.identifier.uri http://repository.daystar.ac.ke/xmlui/handle/123456789/3642
dc.description.abstract This study examined the effects of macroeconomic factors on foreign direct investment in Kenya (FDI). The study used four macroeconomic variables namely foreign exchange rates, tax rates, inflation rates, interest rates and balance of payment for the period 1970 to 2010. The study used a multiple linear regression analysis with the FDI inflows as the dependent variable and the macroeconomic factors as the independent variables. The study found a positive relationship between FDI and interest rates as well as balance of payments while inflation and tax rate had negative relationship with FDI. The study recommended that the government should promote a stable macroeconomic environment in the country to enhance FDI. en_US
dc.language.iso en en_US
dc.publisher European Journal of Business and Management en_US
dc.subject Interest rate en_US
dc.subject Inflation rate en_US
dc.subject Exchange rate en_US
dc.subject Tax rate en_US
dc.subject Balance of Payments en_US
dc.subject Foreign Direct Investment en_US
dc.title Effects of Macroeconomic Factors on Foreign Direct Investment in Kenya en_US
dc.type Article en_US


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