MACROECONOMIC BEHAVIOUR AND FDI INFLOWS IN NIGERIA: AN APPLICATION OF THE ARDL MODEL
No Thumbnail Available
Date
Journal Title
Journal ISSN
Volume Title
Publisher
Scopus
Abstract
Description
Based on the Macroeconomic theory of FDI movement, this study examined the relationship between FDI
~
and some selected macroeconomic variables both at the long and short run equilibrium in Nigeria. The
study used ARDL estimation techniques to inquire if the selected macroeconomic variables have
significant influence on FDI, what macroeconomic variable(:.) need to be manipulated so as to enhance
inflows of FDI to the nation 's economy? What policy implication should be adopted? The results show
that policy that attempt to expand trade, increase government expenditure, manipulate the exchange rate
system, lower inflation and interest rates are useful in attracting FDI inflows.
Keywords
HF5601 Accounting