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.accessioned2017-10-20T17:23:10Z
dc.date.available2017-10-20T17:23:10Z
dc.date.issued2012-09-25
dc.descriptionConference Paperen_US
dc.description.abstractAbstract: This study investigates the impact of FDI 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 Fl)] to growth was also established. Thus, empirical findings support the modernization hypothesis that Fm is growth promoting in Nigeria.en_US
dc.identifier.citationOgunmuyiwa,M.S and Ogunleye,O.J. (2012) Measuring the Impact of Fdi on Economic Growth in Nigeria. Current Research Journal of Social Sciences. Vol. 4, (5), p. 338 - 342.:en_US
dc.identifier.issn2041-3246
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2456
dc.language.isoenen_US
dc.publisher© Maxwell Scientific Organization, 2012.en_US
dc.relation.ispartofseriesConference Paper;
dc.subjectCo-integrationen_US
dc.subjectEconomic Growthen_US
dc.titleMeasuring the Impact of Fdi on Economic Growth in Nigeriaen_US
dc.typePresentationen_US
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