File Name: fdi and economic growth in nigeria .zip
This however has been hindered by inadequate resources needed to drive the process of growth and development. One of the key components fronting the movement in support of economic globalization and integration is capital flows considering its complementarity effect in bridging the gap between domestic savings and investment. This study therefore examines the impact of capital flows on economic growth in Nigeria using data covering the period to and sourced from the Central Bank of Nigeria. The method of error correction model framework and autoregressive distributed lag was adopted in estimating our specified model. Findings from our estimated model reveal that capital flows significantly affect economic growth in Nigeria. The study thus recommends that, sound, robust and vigorous economic policies be formulated with the sole purpose of attracting and drawing capital flows into the country that helps to bridge the needed capital for economic growth and development in Nigeria. Abidemi C.
Kennedy School of Government. Discussion Papers. Durham, J. Benson, KH Zhang, Full references including those not matched with items on IDEAS Most related items These are the items that most often cite the same works as this one and are cited by the same works as this one. Ledgerwood,
Google Scholar Citations. Toggle navigation. As a tool for economic development and means of bridging the gaps between the rich and poor nations, emerging economies grant special incentives to attract FDI, but the empirical literature is controversial about the effect of FDI on the growth and development of emerging economies. Granger causality methodology was used to analyze and establish the nature of relationship if any between FDI and its determinants on one side and economic development on the other. Our empirical analysis reveals that macroeconomic variables exchange rate, interest rate, inflation and openness of the economy are among the major and important factors that determine the inflow of FDI into Nigeria during these periods. The analysis revealed the presence of a long-run equilibrium relationship between FDI and GDP, but FDI does not have any significant effect on the growth as well as the development of Nigeria economy during this period. The study therefore recommends that government should ensure stable macroeconomic policies as motivating factor for the attraction of FDI into Nigeria and also increase its expenditure in the area of infrastructural development as ways to accelerate the growth of Nigerian economy which will reduce the excessive dependence of Nigeria on FDI.
PDF | This paper establishes an empirical relationship between foreign direct investment (FDI) and economic growth in Nigeria under the.
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So, All of authors and contributors must check their papers before submission to making assurance of following our anti-plagiarism policies. The main aim of this study is to establish if there is a causal relationship between Foriegn Direct Investment FDI and economic growth in Nigeria. This study used annual time series variables computed from natural logarithms of gross domestic product GDP at current prices, net inflow of FDI, inflation rate and exchange rates, covering a period of 27years that span from to
This study clarifies the role of foreign direct investment FDI compared to foreign loans and domestic savings in short- and long-term economic growth of Indonesia. Data were obtained from World Bank and Bank Indonesia and used in error correction model to explain the linkage between predictors and economic growth. We show that in the short run, the three explanatory variables significantly affect economic growth. In the long run, compared to FDI and foreign loans, domestic savings positively and significantly affect economic growth.
С пистолетом в руке он рвался вперед, к тупику. Но Беккера там не оказалось, и он тихо застонал от злости. Беккер, спотыкаясь и кидаясь то вправо, то влево, продирался сквозь толпу. Надо идти за ними, думал. Они знают, как отсюда выбраться. На перекрестке он свернул вправо, улица стала пошире. Со всех сторон открывались ворота, и люди вливались в поток.
- Положите на место. Офицер еще какое-то время разглядывал паспорт, потом положил его поверх вороха одежды. - У этого парня была виза третьего класса. По ней он мог жить здесь многие годы. Беккер дотронулся до руки погибшего авторучкой. - Может быть, он и жил .
Спустились сумерки - самое романтическое время суток. Он подумал о Сьюзан. Но тут же в голову пришли слова Стратмора: Найдите кольцо. Беккер в отчаянии плюхнулся на скамейку и задумался о том, что делать. Что же предпринять.
This study examined the stimulation of foreign direct investment FDI inflows through constant electricity power supply for economic growth in Nigeria, by engaging time series data sourced from the world development indicators WDI for the period and employed the Autoregressive distribution lag econometric approach to co-integration.Reply