Eshun, Maame Esi; Adu, George; Buabeng, Emmanuel - Volkswirtschaftliche Fakultät, … - 2014
This paper examines the financial determinants of private investment in Ghana using annual time series data from 1970 … to 2010. Based on the autoregressive distributed lag (ARDL) bounds testing procedure to cointegration, the paper finds … existence of cointegration among the variables. The empirical results support the view that private investment declines in both …