Dynamic Effects of Foreign Portfolio Investment on Economic Growth in Nigeria

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2020

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Sumy State University
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Abstract

The slow growth rate and the deficit of full-fledged financial security have created the preconditions for studying the relationship between foreign investment and economic growth. In previous literature, key emphases on this issue were studied in the short term and in terms of static functioning of the economy. Thus, this article purposely studied the dynamic nature of the development of the relationship between foreign investment and economic growth in Nigeria from 1980 to 2018.

Keywords

авторегресивна розподілена модель, авторегрессионная распределенная модель, autoregressive distributed model, тест Дікі-Фуллера, тест Дики-Фуллера, Dickie-Fuller test, економічне зростання, экономический рост, economic growth, іноземні інвестиції, иностранные инвестиции, foreign investment, теорія подвійного розриву, теория двойной щели, double gap theory

Citation

Toyin, O.W., Oludayol Ad.E.(2020). Dynamic Effects of Foreign Portfolio Investment on Economic Growth in Nigeria . Financial Markets, Institutions and Risks, 4(3), 5-12. https://doi.org/10.21272/fmir.4(3).5-12.2020

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