SOCIO-ECONOMIC DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN KENYA

摘要: Foreign Direct Investments play important roles in growth and development processes of many economies the world. Despite their importance economic development, FDIs Kenya have been fluctuating over years. Studies conducted focused on determinants foreign direct investment inflows Kenya. covering human capital inflation, cost borrowing regards to influencing investments are lacking The general objective this study was therefore determine socio-economic also sought examine effect growth, capita inflation rate hypothesized that there is no significant relationship between This adopted a retrospective longitudinal design. relied data borrowing, for period ranging from 1980 2015. Secondary panel used study. Data (GDP), FDI, index lending interest rates obtained World Bank International Monetary Fund. central bank National bureau statistics. secondary quantitative nature analyzed using descriptive as well inferential Descriptive statistics included frequency distributions, mean, standard deviation percentages. Inferential include analysis variance, correlation multivariate regression analysis. were evaluate dependent independent variables. by use statistical software known STATA (version 14). Of four socioeconomic factors studies, which rate, its only influences inflows. However, inflation. recommends government should control regulate around levels stimulate investment.