The presence of foreign firms in Ghana: the role of physical, financial, and governance infrastructure. Final report

Amissah, E. ORCID: 0000-0002-2665-2264 and Stack, M. ORCID: 0000-0002-9213-7607, 2016. The presence of foreign firms in Ghana: the role of physical, financial, and governance infrastructure. Final report. London: International Growth Centre (IGC), London School of Economic and Political Science.

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Abstract

Using a new wave of firm-level data from the World Bank’s Enterprise Surveys this study examines the linkages between foreign firm participation and the investment
climate in Ghana. The analysis of the binding constraints of direct investment is split between objective and subjective measures of the investment climate. While the
subjective measures indicate accessing finance is the main constraint to doing business, the objective measures suggest foreign firm participation is affected by a
multiplicity of institutional, physical and finance related infrastructures, namely the administration of financial statements, power outages and the judicial system. A breakdown of the effects of the binding constraints by ownership, firm size, industry and region is also provided.

Item Type: Research report for external body
Description: Reference number: F-33208-GHA-1
Creators: Amissah, E. and Stack, M.
Publisher: International Growth Centre (IGC), London School of Economic and Political Science
Place of Publication: London
Date: September 2016
Divisions: Schools > Nottingham Business School
Record created by: Linda Sullivan
Date Added: 17 Jan 2017 12:29
Last Modified: 09 Jun 2017 14:11
URI: https://irep.ntu.ac.uk/id/eprint/29766

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