Does inward FDI crowd-out domestic investment? evidence from Uganda

• Main Authors: Kasule, Twaha Ahmed, Mat Ghani, Gairuzazmi, Mohamad, Noorihsan, Mat Derus, Alias
• Format: Conference or Workshop Item
• Language: English
• Published: 2014
• Subjects: HB3711 Business cycles. Economic fluctuations; HC94 By region or country; HD72 Economic growth, development, planning
• Online Access: http://irep.iium.edu.my/44290/1/Full_paper_GCBSS_Conference_2014.pdf; http://irep.iium.edu.my/44290/; http://gcbss.org/
• Institution: Universiti Islam Antarabangsa Malaysia

This paper investigates the crowding-out effect of foreign direct investment on domestic investment in Uganda. The analysis examines the existence of this effect on the economy as a whole and at sectoral level for all the 9 production sectors, using data from 1992 to 2012. Our results reveal a robus...