An Empirical Analysis on the Contribution of Foreign Direct Investment on Nigeria Economy
Foreign direct investment inflow into a given country is expected to bring about significant changes in her economic development and output growth, FDI is seen as an engine of growth to developing countries such as Nigeria by increasing globalization and technology transfer. This paper attempt to empirically analyze the contribution of foreign direct investment to the Nigeria economy, by multiple regression analysis, the finding of the study revealed that there was a positive relationship between GDP and government expenditure, foreign direct investment and labor force between a periods of 1980-2009. In order to attract more seeking FDI and retain them in the country, it is recommended that government should improve the standard of infrastructure and provide relevant social amenities, and provide helps in liberalization of regulated backbone services which provides opportunities for private investment and management.
FDI GDP Economic growth Spillover effect
Oji-Okoro Izuchukwu Huang Huiping
School of Economics, Wuhan University of Technology, Wuhan P.R. China, 430070
国际会议
The 8th International Conference on Innovation and Management(第八届创新与管理国际会议 ICIM 2011)
日本福冈
英文
1173-1178
2011-11-30（万方平台首次上网日期，不代表论文的发表时间）