The Impact of Foreign Direct Investments on Agricultural Sector Output: The Case of Zimbabwe from 2000-2017

• 作者: Nzwirashe Rejoyce Magomana
• 来源期刊: 现代会计与审计:英文版
• 学科: 经济
• 关键词: foreign direct investments(FDI) economic growth developing countries AGRICULTURE
• 年，卷（期）: 2020,（4）
• 页码范围: 190-199
• 页数: 10页
• 分类号: F42

摘要

This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in the absence of foreign direct investments.It was also essential to investigate whether the injection of foreign direct investment into the Agriculture sector had a positive or negative impact on the outputs especially agricultural exports.The research used data drawn from a sample of five agricultural products which are tobacco,cotton lint,raw sugar,soya beans,and macadamia nuts.The Ordinary Least Squares and Unit Root tests were used because they assume that FDI can stimulate growth if it brings increasing returns to production and also in the outputs.The research study was a desktop research which used both qualitative and quantitative methods of collecting data.Data were obtained from Zimbabwe Statistics Agency(ZIMSTATS),foreign direct investment figures,and percentages of agricultural investment to total investments were collected from Zimbabwe Investment Authority(ZIA).Questionnaires were also used to obtain data from both those farmers who received and those who did not receive foreign investments as inputs.The results obtained showed that there was a positive relationship which could also be measured by the growth models employed to establish the growth in increased outputs and exports after injecting FDIs into agriculture.Recommendations were made to both farmers and the Ministry of Agriculture to attract more FDIs into Zimbabwe’s Agriculture sector.