FDI REGISTERED PROJECTS AND EMPLOYMENT CREATION IN GHANA'S AGRICULTURE, BUILDING & CONSTRUCTION, MANUFACTURING, AND SERVICE SECTORS

Abstract

The paper investigates the impact of foreign direct investment (FDI) registered projects on employment generation in Ghana's key sectors of agriculture, building & construction, manufacturing, and service. The study looks at data from the Ghana Investment Promotion Centre for the period 2001 to 2018. The results indicate that while FDI has a positive impact on job creation in the service sector, it lacks significant impact on agriculture and manufacturing sectors at a 5% significance level. The study also found that employment creation through registered investment projects had no effect on the manufacturing industry. Based on the findings, the paper recommends that the government provides incentives to attract more investors in these non-performing sectors.