Measuring The Impact Of FDI On Economic Growth In Nigeria.

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dc.contributor.authorOgunmuyiwa, M.S
dc.contributor.authorOgunleye, O.J.
dc.date.accessioned2017-10-20T17:12:27Z
dc.date.available2017-10-20T17:12:27Z
dc.date.issued2011-03
dc.descriptionStaff Publicationen_US
dc.description.abstractThis paper investigates the impact of FDl on Nigeria's economic growth process. In an attempt to do this, the paper tests the validity of the modernization or depending hypothesis by employing various econometric tools such as Augmented Dickey Fuller (ADF) and Phillips Perron (PP) tests, Johansen Co-integration test, the Error Correction Mechanism (ECM) and Granger Causality test on time series data from 1970-2008. The results reveal that a long run relationship exists between the variables and a unidirectional causality from FDI 10 growth was also established. Thus, empirical findings support the modernization hypothesis that FDI is growth promoting in Nigeria.en_US
dc.description.sponsorshipThe Cluth Institute, New Orleans, Louisiana, USA.en_US
dc.identifier.citationOgunmuyiwa,M.S. and Ogunleye, O.J. (2011) Measuring The Impact Of FDI On Economic Growth In Nigeria. Being a Paper Presented At The 2011 New Orleans International Academic Conference organised By The Cluth Institute, New Orleans, Louisiana,U.S.A. p. 343 - 349.en_US
dc.identifier.uriMS Ogunmuyiwa, OJ Ogunleye - Current Research Journal of …, 2012 - airitilibrary.com
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2455
dc.language.isoenen_US
dc.relation.ispartofseriesConference Paper;
dc.subjectEconomic Growthen_US
dc.subjectForeign Direct Investment (FDI)en_US
dc.titleMeasuring The Impact Of FDI On Economic Growth In Nigeria.en_US
dc.typePresentationen_US
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