Effects of Macroeconomic Factors on Foreign Direct Investment in Kenya

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dc.contributor.authorKarau, James
dc.contributor.authorNg’ang’a, Paul
dc.date.accessioned2021-06-25T10:53:33Z
dc.date.available2021-06-25T10:53:33Z
dc.date.issued2019
dc.description.abstractThis 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.identifier.citationKarau, 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.issn2222-1905
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/3642
dc.language.isoenen_US
dc.publisherEuropean Journal of Business and Managementen_US
dc.subjectInterest rateen_US
dc.subjectInflation rateen_US
dc.subjectExchange rateen_US
dc.subjectTax rateen_US
dc.subjectBalance of Paymentsen_US
dc.subjectForeign Direct Investmenten_US
dc.titleEffects of Macroeconomic Factors on Foreign Direct Investment in Kenyaen_US
dc.typeArticleen_US

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