Foreign direct investment and employment rate in Uganda (2004-2014)
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Date
2016-03
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
This research report set out to investigate the relationship between Foreign Direct Investment and Unemployment in Uganda (2004-2014), the study employed time series survey data since examined data for a short time ,its objectives were; to establish the trend of Foreign Direct Investment in Uganda(2004-2014), to establish the trend of Unemployment rate of Uganda(2004-2014) ,to investigate the relationship between Foreign Direct Investment and Unemployment rate in Uganda (2004-2014), the hypothesis of the study was there is no relationship between Foreign Direct Investment and Unemployment rate in Uganda, a time series analysis such as Correlation analysis, regression analysis mechanisms were used. The trend of Foreign Direct Investment has showed a cyclical fluctuation, meanwhile and Unemployment rate had a general increase respectively. Using the correlation, regression approach, there was a very weak negative correlation between Foreign Direct Investment and Unemployment rate (r=-0.098), there was no relationship between Foreign Direct Investment and Unemployment rate at 0.05 level of significance, stationary was tested and found that both Foreign Direct Investment and Unemployment has trend by using ACF and PACF.
In conclusion therefore Foreign Direct Investment has a general decrease and Employment rate has shown a general increase; therefore, there is no relationship between Foreign Direct Investment and Employment in Uganda.
Description
A Research Report Submitted to the College of Economics and Management Science in Partial Fulfillment of the Award of a Bachelor of Arts in Economics of Kampala International University
Keywords
Foreign direct investment, Employment rate, Uganda