首页> 外文期刊>European Business & Management >Effect of Foreign Direct Investment on Economic Growth in Nigeria
【24h】

Effect of Foreign Direct Investment on Economic Growth in Nigeria

机译:外国直接投资对尼日利亚经济增长的影响

获取原文
           

摘要

There have been controversies regarding the effect of foreign direct investment on the growth of the host country's economy. While some researchers suggest a positive effect, others found a negative effect. It is against this backdrop that this study examined the effect of foreign direct investment on economic growth in Nigeria. The study covered the period 1981 to 2015. The study used secondary data derived from the Central Bank of Nigeria statistical bulletin and publications of the National Bureau of Statistics. The study employed multiple regression technique and Gretl 1.9.8 econometric software was used for the analysis. The results showed that foreign direct investment has a positive and significant effect on gross domestic product. It was also found that exchange rate has a positive but not significant effect on gross domestic product. Thus, the study concluded that foreign direct investment has a positive effect on economic growth in Nigeria as opposed to the findings and belief of some researchers and other stakeholders that foreign direct investment has a negative effect on the growth of the economy. It was recommended that government should improve the state of infrastructures in the country in order to encourage meaningful investments in the economy. Also, the Central Bank of Nigeria should come-up with policies that will help to stabilize the Naira exchange rate vis-a-vis the major currencies of the world, like the United States Dollar. This will boost the investors' confidence in the economy.
机译:关于外国直接投资对东道国经济增长的影响存在争议。一些研究人员提出了积极的影响,而其他研究人员则提出了消极的影响。在此背景下,本研究考察了外国直接投资对尼日利亚经济增长的影响。该研究涵盖了1981年至2015年。该研究使用了来自尼日利亚中央银行统计公告和国家统计局出版物的辅助数据。该研究采用多元回归技术,并使用Gretl 1.9.8计量经济学软件进行分析。结果表明,外国直接投资对国内生产总值具有积极而显着的影响。还发现汇率对国内生产总值有积极但不显着的影响。因此,该研究得出的结论是,外国直接投资对尼日利亚的经济增长具有积极作用,而不是一些研究人员和其他利益相关者的发现和信念,即外国直接投资对经济增长具有负面影响。建议政府改善该国的基础设施状况,以鼓励对经济的有意义的投资。另外,尼日利亚中央银行应提出有助于稳定奈拉兑世界主要货币(如美元)汇率的政策。这将增强投资者对经济的信心。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号