Comparative Study Of The Impact Of Foreign Direct Investment (FDI) On The Economy Of Nigeria: A Tri-Sectoral Analyses

AZUBUIKE NGOZI DIANA | 118 pages (28430 words) | Theses

ABSTRACT

The work made a comparative study of the impact of foreign direct investment on the Nigerian economy over the period 1981-2013 with particular emphasis on the growth of the real sectors of Agriculture, Manufacturing and Commerce. The study tows the empirical line and adopts the ex post facto research method. Dataset covering a 34-year period (1981 to 2013) was collected and studied. FDI served as the dependent variable while GDP (proxy for economic growth) and the contributions of the real sectors to economic growth were used as independent variables. The classical linear regression model, correlational analyses complimented by descriptive statistics and other diagnostic tests were used as the methods of estimation. lt was found out that foreign direct investment positively and significantly impacted on n only the Overall Economic Growth of Nigeria but also the growth of the ethereal sectors of Agriculture, Manufacturing and Commerce meaning that as more Foreign Direct Investment finds its way into the economy, it leads to an increased level of growth; It is therefore recommended that the government should duly orchestrate policies that would attract foreign direct investment to the Nigerian economic environment. This is because of the catalytic role that FDI plays in economic growth.

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APA

AZUBUIKE, D (2021). Comparative Study Of The Impact Of Foreign Direct Investment (FDI) On The Economy Of Nigeria: A Tri-Sectoral Analyses . Repository.mouau.edu.ng: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/comparative-study-of-the-impact-of-foreign-direct-investment-fdi-on-the-economy-of-nigeria-a-tri-sectoral-analyses-7-2

MLA 8th

DIANA, AZUBUIKE. "Comparative Study Of The Impact Of Foreign Direct Investment (FDI) On The Economy Of Nigeria: A Tri-Sectoral Analyses " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 26 Jul. 2021, https://repository.mouau.edu.ng/work/view/comparative-study-of-the-impact-of-foreign-direct-investment-fdi-on-the-economy-of-nigeria-a-tri-sectoral-analyses-7-2. Accessed 28 Nov. 2024.

MLA7

DIANA, AZUBUIKE. "Comparative Study Of The Impact Of Foreign Direct Investment (FDI) On The Economy Of Nigeria: A Tri-Sectoral Analyses ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 26 Jul. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/comparative-study-of-the-impact-of-foreign-direct-investment-fdi-on-the-economy-of-nigeria-a-tri-sectoral-analyses-7-2 >.

Chicago

DIANA, AZUBUIKE. "Comparative Study Of The Impact Of Foreign Direct Investment (FDI) On The Economy Of Nigeria: A Tri-Sectoral Analyses " Repository.mouau.edu.ng (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/comparative-study-of-the-impact-of-foreign-direct-investment-fdi-on-the-economy-of-nigeria-a-tri-sectoral-analyses-7-2

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