ABSTRACT
Most economic rationale for granting special incentives for attracting
Foreign Direct Investment (FDI) is based on the belief that FDI bridges the
‘idea gaps’ between rich and the poor nations in addition to the generation
of technological transfers and spillovers. This study seeks to carry out an
empirical investigation of the impact of macroeconomic instability on FDI
inflow in Nigeria covering the period 1970 to 2013. The linear regression
analysis was applied and it was revealed that macroeconomic instability has
negative and significant impact on FDI inflow in Nigeria for the period
under analysis. The result also shows that there exists a long-run
relationship between FDI and macroeconomic instability variables in
Nigeria. it is therefore the recommendation of this paper that the Central
Bank of Nigeria (CBN) should cooperate with the fiscal branch of the
economy to ensure that macroeconomic stability is ensured through the application of fiscal and monetary tools.
O., O (2021). Empirical Analysis Of Macroeconomic Instability And Foreign Direct Investment Inflow In Nigeria. Afribary. Retrieved from https://tracking.afribary.com/works/empirical-analysis-of-macroeconomic-instability-and-foreign-direct-investment-inflow-in-nigeria
O., OGBU "Empirical Analysis Of Macroeconomic Instability And Foreign Direct Investment Inflow In Nigeria" Afribary. Afribary, 13 May. 2021, https://tracking.afribary.com/works/empirical-analysis-of-macroeconomic-instability-and-foreign-direct-investment-inflow-in-nigeria. Accessed 27 Nov. 2024.
O., OGBU . "Empirical Analysis Of Macroeconomic Instability And Foreign Direct Investment Inflow In Nigeria". Afribary, Afribary, 13 May. 2021. Web. 27 Nov. 2024. < https://tracking.afribary.com/works/empirical-analysis-of-macroeconomic-instability-and-foreign-direct-investment-inflow-in-nigeria >.
O., OGBU . "Empirical Analysis Of Macroeconomic Instability And Foreign Direct Investment Inflow In Nigeria" Afribary (2021). Accessed November 27, 2024. https://tracking.afribary.com/works/empirical-analysis-of-macroeconomic-instability-and-foreign-direct-investment-inflow-in-nigeria