Bullion
Keywords
lnstitutional theory, Foreign direct investment, Economic growth.
Abstract
Literature on the determinants of foreign direct investment has focused on the influence of macroeconomic conditions and market size, with research on the role of institutions on foreign direct investment especially in developing economies remaining inconclusive This paper seeks to study the Nigerian institutional environment how its positions may affect the inflows of foreign direct investment activity. The study employs the use of time series regression analysis of data sourced from the World Bank governance indicators and the Heritage Foundation index and finds that some institutional factors positively influence the level of foreign direct investment inflows.
Publication Title
CBN Bullion
Issue
2
Volume
40
Recommended Citation
Onaji-Benson, Theresa
(2016)
"The role of the Nigerian institutional environment on foreign direct investment inflows,"
Bullion: Vol. 40:
No.
2, Article 8.
Available at:
https://dc.cbn.gov.ng/bullion/vol40/iss2/8