Publication Information
Published by: Admin
Published: 2 years ago
View:
Pages: 18
ISBN:
Download PDF (EN)
Abstract
This paper examines the blended effect of economic openness and governance on FDI inflows in Nigeria. The study used the time series form of Generalized Method of Moments (GMM) technique to analyze quarterly time series data covering the period 2002Q1 and 2021Q4. The findings revealed that economic openness exerts a baseline positive and statistically significant baseline effect on FDI inflows in Nigeria. With the interaction of the governance variables however, the effect of economic openness on FDI inflows becomes insignificant, implying that Nigeria's governance system has not significantly enhanced the appeal of the country's economic openness to foreign investors. Nigerian policymakers must prioritize improvement in governance systems and the maintenance of stable macroeconomic conditions to boost FDI inflows into the country.
Segun Subair Awode
Related Publications
VOLUME 7 ISSUE 1 2025
Blended effect of economic openness and governance on FDI inflows in Nigeria
8 months ago
0
shares
This paper examines the blended effect of economic
VOLUME 7 ISSUE 1 2025
Interplay between Sectoral Growth and Financial Development in the Poverty Reduction Process in Nigeria
8 months ago
0
shares
This study deviated from prior studies by uncoveri
VOLUME 7 ISSUE 1 2025
Analysing the Monetary and Fiscal Policies Effect on Nigeria's Economic Growth
8 months ago
0
shares
Using the techniques of Autoregressive Distributed