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Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa

The research explored the long-term relationship between FDI, GDP and host country employment by using sector-wise panel data from 1991 to 2017 in Namibia. The study applied unit root testing and Cointegration test to test for the presence of a cointegration relationship between the variables. Also,...

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Main Author: Nzo, Khulile
Other Authors: Alhassan, Abdul Latif
Format: Thesis
Language:English
Published: Graduate School of Business (GSB) 2021
Subjects:
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access_status_str Open Access
author Nzo, Khulile
author2 Alhassan, Abdul Latif
author_browse Alhassan, Abdul Latif
Nzo, Khulile
author_facet Alhassan, Abdul Latif
Nzo, Khulile
author_sort Nzo, Khulile
collection Thesis
description The research explored the long-term relationship between FDI, GDP and host country employment by using sector-wise panel data from 1991 to 2017 in Namibia. The study applied unit root testing and Cointegration test to test for the presence of a cointegration relationship between the variables. Also, a vector autoregression model short-run causality among the variables was examined. In the end, Impulse response functions are estimated. The research found both a short term and long-term causality going from FDI inflow to employment. Impulse responses show that both GDP and employment respond positively to an exogenous shock in FDI inflow. However, the employment response to FDI inflow shock is smaller than that of GDP response. The paper also concludes that FDI has no causal effects on economic growth in Namibia. It means that economic growth is not contributed by the FDI significantly the results in this research have some significant policy implications. Therefore, as the results suggest that the FDI inflow has a positive impact on employment, because of the results, the researcher also recommends that Namibia pursue the policy of attracting foreign firms aggressively and create all the conditions required for attracting foreign direct investment in order to create further employment opportunities.
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:32:29.432Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher Graduate School of Business (GSB)
publisherStr Graduate School of Business (GSB)
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/32897 Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa Nzo, Khulile Alhassan, Abdul Latif FDI GDP 1991 2017 Namibia The research explored the long-term relationship between FDI, GDP and host country employment by using sector-wise panel data from 1991 to 2017 in Namibia. The study applied unit root testing and Cointegration test to test for the presence of a cointegration relationship between the variables. Also, a vector autoregression model short-run causality among the variables was examined. In the end, Impulse response functions are estimated. The research found both a short term and long-term causality going from FDI inflow to employment. Impulse responses show that both GDP and employment respond positively to an exogenous shock in FDI inflow. However, the employment response to FDI inflow shock is smaller than that of GDP response. The paper also concludes that FDI has no causal effects on economic growth in Namibia. It means that economic growth is not contributed by the FDI significantly the results in this research have some significant policy implications. Therefore, as the results suggest that the FDI inflow has a positive impact on employment, because of the results, the researcher also recommends that Namibia pursue the policy of attracting foreign firms aggressively and create all the conditions required for attracting foreign direct investment in order to create further employment opportunities. 2021-02-18T12:14:17Z 2021-02-18T12:14:17Z 2020 2021-02-18T12:13:51Z Master Thesis Masters MBA http://hdl.handle.net/11427/32897 eng application/pdf Graduate School of Business (GSB) Faculty of Commerce
spellingShingle FDI
GDP
1991
2017
Namibia
Nzo, Khulile
Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa
thesis_degree_str Master's
title Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa
title_full Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa
title_fullStr Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa
title_full_unstemmed Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa
title_short Understanding the role of public preferential procurement on the development of black owned construction SMME'S IN South Africa
title_sort understanding the role of public preferential procurement on the development of black owned construction smme s in south africa
topic FDI
GDP
1991
2017
Namibia
url http://hdl.handle.net/11427/32897
work_keys_str_mv AT nzokhulile understandingtheroleofpublicpreferentialprocurementonthedevelopmentofblackownedconstructionsmmesinsouthafrica