The FDI-growth hypothesis: A VAR model for Nigeria
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | The FDI-growth hypothesis: A VAR model for Nigeria | |
| Creator | Olomola, PA | |
| Description | The objective of this study was to examine the causal relationship between foreign direct investment and economic growth in Nigeria using annual data covering the period 1970 to 2002. The study employed the Granger causality procedure to test the direction of causality between foreign direct investment and economic growth for the Nigerian economy. The endogenous production function was derived to accommodate foreign investment and other domestic policies that could influence growth and foreign investment. The study found a one-way causality between from foreign direct investment to economic growth. The implication arising from this study is that Nigeria should adopt policy whereby FDI is attracted to promote economic growth. | |
| Publisher | AOSIS Publishing | |
| Date | 2004-07-23 | |
| Identifier | 10.4102/sajems.v7i1.1435 | |
| Source | South African Journal of Economic and Management Sciences; Vol 7, No 1 (2004); 170-184 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1435/557
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