Foreign Direct Inflows and Economic Growth Nexus in Kenya: Co-integration and Causality Analysis
Mutuku Cyrus & Koech Elias · Journal of Economics, Management and Trade · 2014
The study focused on the co-integration and causality analysis between FDI and GDP for Kenya using annual data spanning 1970 t0 2013. It was established that though the two variables are I(1), they are co-integrated. The VECM framework revealed that FDI has a significant influenc...
Open access
Research Article
10.9734/BJEMT/2015/8612