An Econometric Study Of The Determinants Of Private Sector Investment In Nigeria (1970-2015)
ABSTRACT
The study examined the econometric
study of the determinants of private sector investments in Nigeria for the period
of 1970-20 15. The study aimed at determining the major variables that
influence private investments in Nigeria. to know if these determinants have a
long run relationship with private investment in Nigeria and to identify policy
variables that will influence private investment in Nigeria. The research
adopted the econometric method. The study also adopted annual time series data
covering a period of forty-six years. The findings from the research study
showed that unit test result indicated that credit to the private sector was
stationary at levels while other variables were not stationary at first
difference, the co-integration test result revealed that the variables were not
co-integrated, infrastructural facilities and savings rate exerted a positive
significant effect on private domestic investment in Nigeria; there exist a
positive and insignificant relationship between private sector credit and
private domestic investment implying that credit to the private sector is not
significant variable explaining changes in private domestic investment in
Nigeria
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IHEANACHO, O (2021). An Econometric Study Of The Determinants Of Private Sector Investment In Nigeria (1970-2015). Repository.mouau.edu.ng: Retrieved Apr 23, 2024, from https://repository.mouau.edu.ng/work/view/an-econometric-study-of-the-determinants-of-private-sector-investment-in-nigeria-1970-2015-7-2
OBINNA, IHEANACHO. "An Econometric Study Of The Determinants Of Private Sector Investment In Nigeria (1970-2015)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Jul. 2021, https://repository.mouau.edu.ng/work/view/an-econometric-study-of-the-determinants-of-private-sector-investment-in-nigeria-1970-2015-7-2. Accessed 23 Apr. 2024.
OBINNA, IHEANACHO. "An Econometric Study Of The Determinants Of Private Sector Investment In Nigeria (1970-2015)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Jul. 2021. Web. 23 Apr. 2024. < https://repository.mouau.edu.ng/work/view/an-econometric-study-of-the-determinants-of-private-sector-investment-in-nigeria-1970-2015-7-2 >.
OBINNA, IHEANACHO. "An Econometric Study Of The Determinants Of Private Sector Investment In Nigeria (1970-2015)" Repository.mouau.edu.ng (2021). Accessed 23 Apr. 2024. https://repository.mouau.edu.ng/work/view/an-econometric-study-of-the-determinants-of-private-sector-investment-in-nigeria-1970-2015-7-2