The Impact of Public Debt on Investment: Evidence from Nigeria
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Published: 2 years ago

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Pages: 28

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Abstract

In view of the upward trend in the debt profile of Nigeria and the corresponding increase in the volume of investment as well as the recent decline in foreign direct investment inflow in Nigeria, this study investigated the impact of the components of public debts on the various forms of investment in Nigeria both in the short-run and the long-run using the Autoregressive Distributed Lag (ARDL) framework over the period, 1981-2016.

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