Government Stability, Corruption, Investment Conditions and Private Investment in Côte d’Ivoire: The Autoregressive Distributed Lag (ARDL) Approach ()
ABSTRACT
This study highlights the role of institutional
factors in determining private investment in Cote d’Ivoire. The data come from
the World Bank and the “Political Risk Services Group”. The Autoregressive
Distributed Lag (ARDL) approach was used. The reduction of investment risks,
the fight against corruption and the preservation of governmental stability are
determining factors of private investment in Cote d’Ivoire. It is recommended
to establish a national authority with exceptional sanctioning powers to fight
corruption more effectively and to promote a democratic culture that ensures a
better quality of the institutional environment.
Share and Cite:
Nahoussé, D. (2019) Government Stability, Corruption, Investment Conditions and Private Investment in Côte d’Ivoire: The Autoregressive Distributed Lag (ARDL) Approach.
Modern Economy,
10, 1812-1828. doi:
10.4236/me.2019.107117.
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