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AuthorO. Lamidi, Lukuman
AuthorA. Isiaka, Muideen
AuthorSam, Nsikan
Available date2022-08-17T06:44:28Z
Publication Date2022-06-21
Publication NameStudies in Business and Economics
Identifierhttp://dx.doi.org/10.29117/sbe.2022.0133
CitationLamidi, L. O. ., Isiaka, M. A., & Sam, N. . (2022). Foreign Direct Investment and Economic Output in Nigeria (1984-2019). Studies in Business and Economics, 25(1), 22–35. https://doi.org/10.29117/sbe.2022.0133
ISSN1818-1228
URIhttp://hdl.handle.net/10576/33147
AbstractMost developing nations need foreign support in order to fill their infrastructural gap. This is also true for Nigeria. One major source of foreign inflow is the Foreign Direct Investment (FDI). This study examines the impact of FDI on economic output, measured by real GDP, in Nigeria while accounting for the moderating impact of Inflation Rate (INFR), Interest Rate (INTR) and Exchange Rate (EXR). Using Autoregressive Distributed Lag (ARDL) Model, the findings suggest that FDI have a significant positive impact on real GDP only at one period lag. The study recommends that government should encourage FDI inflow for long term project in order for its benefit to be maximized in Nigeria.
Languageen
PublisherQatar University Press
SubjectForeign Direct Investment
Economic Output
Inflation Rate
Exchange Rate
TitleForeign Direct Investment and Economic Output in Nigeria (1984-2019)
TypeArticle
Pagination22-35
Issue Number1
Volume Number25
dc.accessType Open Access


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