Nigerian Economic Society
 
Need Help? Call +234 8131213195        Watch Us Live online
Hi Guest,
Home | About Us » | Paper Submission | Signup | Contact Us
       Sunday, February 25, 2018       
Foreign Direct Investment, Foreign Aid, Worker’s Remittances and Economic Growth in Nigeria

Foreign Direct Investment, Foreign Aid, Worker’s Remittances and Economic Growth in Nigeria

 

Abstract: This study examined the impact of capital inflow (foreign direct investment, foreign aid and international workers’ remittances) on economic growth in Nigeria for the period 1970 to 2014. The study employed the Vector Error Correction Modelling (VECM) technique. The VECM estimate showed that workers’ remittances had a positive and significant effect on economic growth while foreign direct investment had a negative and significant effect. The impact of foreign aid on economic growth was insignificant. Thus, the study concluded that the impacts of foreign direct investment, foreign aid and workers’ remittances on economic growth are different. Based on these findings, the study recommended the formulation of specific capital inflow policies rather than one-for-all capital inflow policies.

JEL classification: F21, F24, F35

Price: N500.00 | Add to cart
 

 

 

Login

Email:
Password:
 
Lost password ?
New user? Signup free !
Note: You must signup your email and create a password before you can register as an NES member
 

Latest News

58th Annual Conference of the Nigerian Economic Society

The Executive Council of NES has the pleasure to announce 58th Annual Conference with the theme "Imp...read more


PEP Call for Proposals

The Partnership for Economic Policy (PEP) has launched a new call for project proposals on the theme...read more


2017 Nigerian Economic Society Annual Public Lecture Announcement

The Executive Council of NES has the pleasure to announce it's 2017 Annual Public Lecture with the t...read more


NES OBSERVATIONS ON THE NEW CBN SINGLE FOREIGN EXCHANGE MARKET

The President of the Nigerian Economic Society (NES), Professor Ben Aigbokhan at a symposium on the ...read more


  Email Subscription