AN EMPIRICAL ANALYSIS OF THE DETERMINANT OF FOREIGN DIRECT INVESTMENT IN NIGERIA (1980-2010)


ABSTRACT

This research work is focused on the determinants of foreign direct investment (FDI) and how it facilitates economic growth, as a result of which posed a problem. The study tries to examine if the determinants of foreign direct investment have significant impact on foreign direct investment in Nigeria within 1980-2010. However, in the course of the study, econometric methodology which employs Ordinary Least Square (OLS) technique was used. This method was adopted because of its Best Linear Unbiased Estimating (BLUE) properties. From the findings, the determinants of foreign direct investment have significant impact on foreign direct investment in Nigeria within the period under study. In the light of the findings, Central Bank of Nigeria should adopt policy that will favour foreign investors with regards on interest rate deregulation and exchange rate management.   

            

 A PROJECT WORK SUBMITTED TO THE DEPARTMENT OF ECONOMICS, FACULTY OF SOCIAL SCIENCES

TABLE OF CONTENTS

Title Page                                          

Approval Page                                                         

Dedication                                                                            

Acknowledgment                                                                

Table of Contents                                                                

Abstract                                                                    

CHAPTER ONE: Introduction 

1.1       Background of the Study                           

1.2       Statement of the Problem                             

1.3       Objectives of the Study                              

1.4       Hypothesis of the Study                             

1.5       Scope of the Study                                      

1.6       Limitations of the Study                            

1.7       Significance of the Study                           

CHAPTER TWO: Literature Review

2.1       Theoretical Literature                                

2.1.1   Investment Theories: A Brief Survey      

2.2       Empirical Literature                                   

CHAPTER THREE: Research Methodology 

3.1       Model of Specification                              

3.2       Model Evaluation                           

3.3       Source of Data                                             

CHAPTER FOUR: Presentation and Analysis of Results

4.1       Presentation of Results                  

4.2       Analysis of Results                                     

4.3       Test of Hypothesis                                      

4.4       Implication of the Study                

CHAPTER FIVE:

Summary of Findings, Conclusion and Policy Recommendation 

5.1       Summary of the Findings               

5.2       Conclusion                                       

5.3       Policy Recommendation    

Bibliography                                    

Appendix I

Appendix II

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