Environmental Quality and Growth Effects of Foreign Direct Investment in Nigeria

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dc.contributor.authorSaibu, O.M.
dc.contributor.authorMesagan, E.p.
dc.date.accessioned2022-01-20T13:04:25Z
dc.date.available2022-01-20T13:04:25Z
dc.date.issued2016
dc.descriptionScholarly articlesen_US
dc.description.abstractThe study examines the growth effects of foreign direct investment on environmental quality in Nigeria between 1970 and 2013. Variables like per capita income, environmental degradation, foreign direct investment, human capital, inflation, trade openness, interest rate, and the interaction term between foreign direct investment and carbon emission were employed in the study. A long run relationship was observed among the variables and foreign direct investment and environmental degradation negatively enhanced growth individually, while the interaction variable positively enhanced economic growth. The study concludes that environmental consideration does not really matter in growth consideration in Nigeria but that carbon emission must not exceed the 67.4% threshold if the economy is to benefit from the interaction between foreign direct investment and carbon emission. Policy makers are encouraged to strike a balance between the quantity of emissions and the amount of economic growth that is suitable for the country since the decision to maintain green growth by developing countries is not an easy one to make.en_US
dc.identifier.citationSaibu M.O and Mesagan E P (2016) “Environmental Quality and Growth Effects of Foreign Direct Investment in Nigeria” Iranian Journal of Economics Vol. 20, No. 2, 2016. pp. 125-140en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/10629
dc.language.isoenen_US
dc.publisherIranian Journal of Economicsen_US
dc.subjectEnvironmenten_US
dc.subjectEconomic Growthen_US
dc.subjectThresholden_US
dc.subjectForeign Direct Investmenten_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCES::Business and economics::Economicsen_US
dc.titleEnvironmental Quality and Growth Effects of Foreign Direct Investment in Nigeriaen_US
dc.typeBooken_US
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