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Book Determinants of Foreign Direct Investment

Download or read book Determinants of Foreign Direct Investment written by Abu Nurudeen and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the major determinants of Foreign Direct Investment (FDI) in Nigeria, analyzing the annual data over the period 1970-2008, using the ordinary least squares and error correction techniques. The regression results indicate that openness of the economy to trade (OP), privatization (PR), the level of infrastructural development (FR), and exchange rate depreciation (EXC) have significant positive effect on FDI inflows into Nigeria. In addition, the results reveal that the host country's market size (GDP) has a significant negative effect on FDI, while inflation (IF) has an insignificant (but positive) influence on FDI inflows. Thus, the paper recommends the following: Firstly, government should employ policies to further open up the economy in a manner that the economy will be able to attract more FDI. Secondly, government should increase its investment in the development of the nation's infrastructure (power supply, roads, telecommunication, etc.) in order to reduce the cost of doing business thereby wooing more FDI. Thirdly, government should encourage production activity via production incentives and/or subsidies in order to increase the economy's GDP. Fourthly, the economy should be ready to accommodate further depreciation of the domestic currency (Naira) so as to encourage the inflows of FDI in the form of merger and/or acquisition. Furthermore, privatization should be done in a manner that is transparent, and all necessary and relevant information regarding the process should be made available to both existing and prospective investors. In addition, there is a need for an efficient and effective judicial system and crime fighting mechanism so as to assure foreign investors the safety of their investment.

Book Determinants of Foreign Direct Investment Inflows in Nigeria

Download or read book Determinants of Foreign Direct Investment Inflows in Nigeria written by Emeka Okereke and published by . This book was released on 2016 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study empirically identified the determinants of Foreign Direct Investment (FDI) inflow to Nigeria. Secondary sources were used to source annual time series data on FDI inflow into Nigeria, Degree of trade openness, Gross Domestic Product (GDP), Interest rate, Exchange rate of the naira against the US Dollar (N/$),over the period, 1970-2011. These variables were analyzed using Ordinary least Square (OLS), Unit Root test, Co-integration and Error Correction Mechanism (ECM). It was found that there is a significant relationship between FDI and GDP, exchange rate and degree of openness but no significant relationship between FDI and interest rate in Nigeria. The study recommends among others, that Government should continuously formulate and implement policies that would increase productive base, embark on moderate devaluation of the national currency to attract more FDI inflow into Nigeria and encourage liberalization with some policy caution.

Book Determinants of Foreign Direct Investment in Nigeria  1977 2008

Download or read book Determinants of Foreign Direct Investment in Nigeria 1977 2008 written by Oladapo Ajayi and published by LAP Lambert Academic Publishing. This book was released on 2012-05 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has the potential to become Sub-Saharan Africa s largest economy because of its rich human and natural resources but in spite of this, Nigeria is considered to be one of the poorest countries in the world. About 70% of the population live below the poverty line and with an investment rate of barely 10% of GDP, Nigeria is below the minimum investment rate of about 30% of GDP required to reduce poverty. Foreign Direct Investment can provide the capital needed to bridge the savings gap, required to propel economic growth and development. This is an historical and empirical assessement of the story so far and the best ways Nigeria can position effectively to make the most of available capital, generate and sustain global interest in the non-oil sector.

Book FDI and Economic Growth

Download or read book FDI and Economic Growth written by Adeolu B. Ayanwale and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Determinants of Foreign Direct Investment in Nigeria

Download or read book Determinants of Foreign Direct Investment in Nigeria written by Waheed Olaitan Ibrahim and published by . This book was released on 2014 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines the determinants of Foreign Direct Investment (FDI) in Nigeria during 1970-2006. Cointegration techniques reveal that the major determinants of FDI are market size, real exchange rate and political factor thereby validating theoretical expectations. Furthermore, simulations using impulse response and variance decomposition analysis suggest that uncontrolled trade liberalization must be avoided.

Book Determinants of Foreign Direct Investment in Nigeria

Download or read book Determinants of Foreign Direct Investment in Nigeria written by Louis N. Chete and published by Nigerian Institute of Social and Economic Research (NISER), University of Ibadan. This book was released on 1998-01-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book An Error Correction Model of Foreign Direct Investment Determinants

Download or read book An Error Correction Model of Foreign Direct Investment Determinants written by GODWIN CHIGOZIE. OKPARA and published by LAP Lambert Academic Publishing. This book was released on 2012-04-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work investigated the impact of foreign direct investment on some selected macro-economic variables such as real GDP, gross fixed capital formation and unemployment rate. The determinants of foreign direct investment were also investigated. Using error correction model and Granger causality test, one arrived at a parsimonious result which revealed that foreign direct investment though impacts positively and significantly on the gross fixed capital formation, has not made any positive and significant impact on the growth of GDP and reduction of unemployment. The results of the Investigation of the determinants of foreign direct investment inflow to Nigeria show that causality runs from government policy, fiscal incentives, availability of natural resources and trade openness to FDI without feed back effect. The error correction model reveals that past foreign investment flows could significantly stimulate current investment inflows while inadequate natural resources reduce the inflow of FDI. Fiscal incentives, favourable government policy, exchange rate and infrastructural development are found to be a positive and significant function of FDI in Nigeria.

Book Foreign Direct Investment

Download or read book Foreign Direct Investment written by Yingqi Wei and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book consists of detailed case studies of foreign direct investment (FDI) in China, India, Ireland, Malaysia, Mexico and Sub-Saharan Africa, providing a critical review of the determinants and impact of FDI on growth and development, employment, technology transfer and trade. The expert contributors examine a range of controversial issues including the contribution of the relatively large volume of FDI in China to its growth, whether India should fully liberalise its FDI regime and the impact of Mexico's membership of NAFTA on the volume of FDI it has attracted. Malaysia's economic policies, which appear to have attracted relatively large volumes of FDI but failed to generate the hoped for transmission of technology and skills are also questioned, along with the role of corruption in limiting the contribution of FDI to achieving social goals in Sub-Saharan Africa. The impressive record of the Irish Republic in attracting and harnessing FDI to development objectives is examined closely and provides a detailed analysis of policies likely to promote efficient utilisation of FDI.

Book Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries

Download or read book Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries written by Harinder Singh and published by World Bank Publications. This book was released on 1995 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Determinants of Foreign Direct Investment in Fast growing Economies

Download or read book Determinants of Foreign Direct Investment in Fast growing Economies written by Simplice Asongu and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study employs panel analysis to examine the determinants of foreign direct investment (FDI) to Brazil, Russia, India, China, and South Africa (BRICS) and Mexico, Indonesia, Nigeria, and Turkey (MINT) using data for eleven years i.e. 2001 − 2011. First, it uses pooled time-series cross sectional analysis to estimate the model on determinants of FDI for three samples: BRICS only, MINT only, and BRICS and MINT combined; then, fixed effects model is also employed to estimate the model for BRICS and MINT combined. The results show that market size, infrastructure availability, and trade openness play the most significant roles in attracting FDI to BRICS and MINT while the roles of availability of natural resources and institutional quality are insignificant. Given that FDI inflow to a country has the potential of being mutually beneficial to the investing entity and host government, the challenge is on how BRICS and MINT can sustain the level of FDI inflow and ensure it results in economic growth and socio-economic transformation. To sustain the level of FDI inflow, governments of BRICS and MINT need to ensure that their countries remain attractive for investment. BRICS and MINT also need to ensure that their economies absorb substantial skills and technology spillovers from FDI inflow to promote sustainable long-term economic growth by investing more in their human capital. The study is significant because it contributes to literature on determinants of FDI by extending the scope of previous studies which often focus only on BRICS.

Book Determinants of Foreign Direct Investment

Download or read book Determinants of Foreign Direct Investment written by Dwobeng Owusu-Nyamekye and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Investment Policy Review

Download or read book Investment Policy Review written by and published by . This book was released on 2009 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Investment Policy Review provides an overview of the Foreign Direct Investment (FDI) in several countries, including the most recent trends and developments. It examines the legal investment framework currently in place and identifies new areas of high FDI potential. The Review is intended to improve the country's investment policies and to familiarize the international private sector with the countrys investment environment.

Book Foreign Direct Investment  A Panacea to National Economic Development in Nigeria

Download or read book Foreign Direct Investment A Panacea to National Economic Development in Nigeria written by Prince Eze Chidi Nwauba and published by GRIN Verlag. This book was released on 2020-08-20 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Investment and Finance, , course: Public Administration, language: English, abstract: The study examined foreign direct investment (FDI): a panacea to national economic development. The objectives set for the study are; to determine the causes of the Nigerian economic downturn, to ascertain the effects of foreign direct investment, to suggest measures that would be taken to accelerate the economic development of Nigeria. Primary and secondary data were used; the population of the study was 1200 from which the sample sizes of 400 were determined using Taro Yamani’s formula. The research instruments used were questionnaire and oral interview. The reliability of the research instruments was tested using Pearson Product moment correlation coefficient; the result gave a reliability index of 0.98 indicating a high degree of consistency. Chi-square and ANOVA approach were the statistical tools used. The findings from the study reveals that, decline in oil prices and revenue, increase government expenditure and decline in market indices are the challenges posed by economic downturn in Nigeria; consumption-based economy, poor savings, high credit culture and huge financial outflow are the causes of the economic crises in Nigeria; reduction in direct foreign investment and overseas development assistance are the effects of economic crisis to Nigeria and finally, diversification of the economy, robust regulatory policies and professional supervision to aid foreign direct investment in Nigeria. Based on the findings, the researcher made the following recommendation: Nigeria should adopt tough policy measures as effective strategies towards a comprehensive strengthening of the economy, government should ensure that policy recommendations are implemented in order to reposition the Nigerian economy against the impact of future economic downturn, government should create enabling environment to attract foreign investors in order to boost economic activities in the country. Finally, government needs to sincerely focus on developing/strengthening the economy and provide alternative sources of revenue on a sustained basis.

Book Foreign Direct Investment in Africa

Download or read book Foreign Direct Investment in Africa written by United Nations Conference on Trade and Development. Division on Transnational Corporations and Investment and published by New York : United Nations. This book was released on 1995 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: