The Impact of Investment on Nigeria Economy 1970 - 2012

Content Provider	Semantic Scholar
Author	Iosr, Journals Chigbu Emmanuel, Nsabimana Ndukwe Wellington, Brito Bezerra Cicero
Copyright Year	2015
Abstract	Empirically investigation relationship between foreign investment and economic growth in Nigeria between 1970 to 2012 was set up. The paper makes the proposition that there is endogeniety, that there is bidirectional relationship between foreign investment and Economic growth are jointly determined in Nigeria and there is positive feedback from foreign investment and economic growth. The overall policy implication of the result is that policies that attract more foreign investment to the economy, greater openness and increased private participation will need to be pursued and reinforced to ensure that the economy capture greater spillovers from foreign investment and attains higher economic growth rates, based on this the study recommended the provision of adequate infrastructure and policy framework that will be conducive for doing business in Nigeria, so as to attract the inflow of foreign investment to stimulate growth.
File Format	PDF HTM / HTML
DOI	10.6084/m9.figshare.1339957.v1
Alternate Webpage(s)	http://www.iosrjournals.org/iosr-jef/papers/Vol6-Issue1/Version-2/I06126270.pdf
Alternate Webpage(s)	https://doi.org/10.6084/m9.figshare.1339957.v1
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article