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Economic and Financial Review

Authors

A. H. Ekpo

Publisher

Central Bank of Nigeria, Research Department.

Keywords

Foreign Direct Investment (FDI), Low credit ratings, High debt service, Nigeria., Foreign exchange

Abstract

This paper examines the relationship between foreign direct investment (FDI) in Nigeria and some macroeconomic variables. The preliminary empirical results, covering the period 1970-1994, suggest that high debt service and low credit ratings discourage FDI. FD! is also sensitive to real per capita income and low rates of inflation.

Issue

35

Volume

1

Recommended Citation

Ekpo, A. H. (1997).Foreign direct investment in Nigeria: evidence from time series data. Economic and Financial Review, 35(1), 59–78.

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