Investment and Economic Growth in Rwanda

Investment and Economic Growth in Rwanda

This research paper aims to examine the effect of investment to economic growth in Rwanda for the period of 1980-2005 using time series data. OLS method is used for the regression analysis. This method is expected to help to analyze the linear regression model used in this present study. It is expe...

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Main Author: Elie, Ngabonziza
Format: Thesis
Language:eng
Published: 2010
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/3753/1/s804797.pdf
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id my-uum-etd.3753
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
advisor Jantan, Mohd Dan
topic HG Finance
spellingShingle HG Finance
Elie, Ngabonziza
Investment and Economic Growth in Rwanda
description This research paper aims to examine the effect of investment to economic growth in Rwanda for the period of 1980-2005 using time series data. OLS method is used for the regression analysis. This method is expected to help to analyze the linear regression model used in this present study. It is expected that FDI is significant to GDP in the present study. The results of model show that FDI and export are not significant to economic growth in Rwanda, whereas labor and GFCF are significant to economic growth in Rwanda. The share of investment to economic growth in Rwanda is still insufficient that is why its impact on economic growth is not significant. The finding shows that granger causality runs one way, from LGDP to FDI not another way. Therefore GDP has useful information to predict investment in Rwanda. A large number of empirical studies on the economic growth and investment in host countries suggest that foreign direct investment is an important source of capital, complements private investment, and is usually associated with new job opportunities and enhancement of technology transfer, and increases overall economic growth in host countries. As the statistics shows that Rwanda is overpopulated country, it is suggested that Rwanda’s government should invest in human capital in order to attract foreign direct investment. If government of Rwanda keeps reforming a number of laws and regulations concerning the investment climate and competitiveness, this could attract more investors in Rwanda.
format Thesis
qualification_name masters
qualification_level Master's degree
author Elie, Ngabonziza
author_facet Elie, Ngabonziza
author_sort Elie, Ngabonziza
title Investment and Economic Growth in Rwanda
title_short Investment and Economic Growth in Rwanda
title_full Investment and Economic Growth in Rwanda
title_fullStr Investment and Economic Growth in Rwanda
title_full_unstemmed Investment and Economic Growth in Rwanda
title_sort investment and economic growth in rwanda
granting_institution Universiti Utara Malaysia
granting_department College of Arts and Sciences (CAS)
publishDate 2010
url https://etd.uum.edu.my/3753/1/s804797.pdf
_version_ 1747827639764123648
spelling my-uum-etd.37532014-02-06T06:22:19Z Investment and Economic Growth in Rwanda 2010 Elie, Ngabonziza Jantan, Mohd Dan College of Arts and Sciences (CAS) Awang Had Salleh Graduate School of Arts & Sciences HG Finance This research paper aims to examine the effect of investment to economic growth in Rwanda for the period of 1980-2005 using time series data. OLS method is used for the regression analysis. This method is expected to help to analyze the linear regression model used in this present study. It is expected that FDI is significant to GDP in the present study. The results of model show that FDI and export are not significant to economic growth in Rwanda, whereas labor and GFCF are significant to economic growth in Rwanda. The share of investment to economic growth in Rwanda is still insufficient that is why its impact on economic growth is not significant. The finding shows that granger causality runs one way, from LGDP to FDI not another way. Therefore GDP has useful information to predict investment in Rwanda. A large number of empirical studies on the economic growth and investment in host countries suggest that foreign direct investment is an important source of capital, complements private investment, and is usually associated with new job opportunities and enhancement of technology transfer, and increases overall economic growth in host countries. As the statistics shows that Rwanda is overpopulated country, it is suggested that Rwanda’s government should invest in human capital in order to attract foreign direct investment. If government of Rwanda keeps reforming a number of laws and regulations concerning the investment climate and competitiveness, this could attract more investors in Rwanda. 2010 Thesis https://etd.uum.edu.my/3753/ https://etd.uum.edu.my/3753/1/s804797.pdf text eng validuser http://lintas.uum.edu.my:8080/elmu/index.jsp?module=webopac-l&action=fullDisplayRetriever.jsp&szMaterialNo=0000774808 masters masters Universiti Utara Malaysia Acemonglu, D. (2007), Introduction to modern economic growth. Cambridge: MIT Press. Aghion, P., & Howitt, P. (2009). Economic Growth. London: Cambridge: MIT Press. Aktar, I., & Oztur., L. (2009). Can unemployment can be cured by economic growth and FDI in Turkey? International Research Journal of Finance and Economics, 27, 203-211. Andrew, B. A., & Ben, S.B. (2001). Macroeconomics, 4th ed. Boston: Addison Wesley. Asheghian, P. (2009). Determinants of economic growth in the Japan: The role of Foreign Direct investment. Global Economy Journal, 9, 1-9. 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