Impact of FDI on Agricultural Sector: Evidence from Ivory Coast

Kouassi verena dominique, Xu Honyi, Jean Baptiste Bernard Pea-Assounga

Abstract


This study examines the impact of Foreign Direct Investment (FDI) on the agricultural sector in Ivory Coast from 1990 to 2018.  Phillips-Peron tests and augmented Dickey-Fuller tests were employed for a unit root in the variables. The Johansen Cointegration test and the VAR were used to estimate the stability and normality. VECM were used to analyze the short-term and the long-term dynamics. Results reveal that FDI has a negative and long run relationship but a significant effect in short-run on the agricultural sector.

Keywords: Agricultural Sector, FDI, Ivory Coast

DOI: 10.7176/EJBM/13-15-04

Publication date:August 31st 2021


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ISSN (Paper)2222-1905 ISSN (Online)2222-2839

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