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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.

Author Bio

The author is a corresponding author, federal university Lafia, Nasarawa.

Publication Title

CBN Bullion

Issue

2

Volume

40

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