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Empirical analysis of macroeconomic instability and foreign direct investment inflow in Nigeria

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dc.contributor.author Ogbu, Chibueze
dc.contributor.author O.
dc.date.accessioned 2017-05-31T11:21:37Z
dc.date.available 2017-05-31T11:21:37Z
dc.date.issued 2017-05-31
dc.identifier.uri http://hdl.handle.net/123456789/5134
dc.description.abstract Most economic rationale for granting special incentives for attracting Foreign Direct Investment (FDI) is based on the belief that FDI bridges the ‘idea gaps’ between rich and the poor nations in addition to the generation of technological transfers and spillovers. This study seeks to carry out an empirical investigation of the impact of macroeconomic instability on FDI inflow in Nigeria covering the period 1970 to 2013. The linear regression analysis was applied and it was revealed that macroeconomic instability has negative and significant impact on FDI inflow in Nigeria for the period under analysis. The result also shows that there exists a long-run relationship between FDI and macroeconomic instability variables in Nigeria. it is therefore the recommendation of this paper that the Central Bank of Nigeria (CBN) should cooperate with the fiscal branch of the economy to ensure that macroeconomic stability is ensured through the application of fiscal and monetary tools. en_US
dc.language.iso en en_US
dc.subject macroeconomic en_US
dc.subject foreign direct en_US
dc.subject investment inflow en_US
dc.subject Nigeria. en_US
dc.title Empirical analysis of macroeconomic instability and foreign direct investment inflow in Nigeria en_US
dc.type Thesis en_US


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