期刊名称：European Journal of Business and Social Sciences
印刷版ISSN：2235-767X
出版年度：2015
卷号：4
期号：08
页码：205-217
出版社：European Society of Business and Social Sciences
摘要：Foreign capital inflows into recipient economies have been viewed as a stimulant to improved economic growth. This is anchored on the belief that they help to boost investment and productivity. It is in the light of this, that this study empirically examines the effect of foreign private capital inflows on Nigerian’s gross growth rate (GDP), gross savings and investment, using data from period 1980 to 2013. The research design adopted for this study is the ex-post factor research design. The Ordinary Least Square (OLS) Regression technique was also employed in testing the causal relationship between foreign capital inflow and GDP, domestic investment and domestic savings in Nigeria. Findings from the analysis reveal that foreign capital inflow has a positive but insignificant effect of on economic growth (GDP) and domestic investment, while having a negative and non-significant effect on national savings. The study therefore, recommends a re-assessment of government’s foreign direct investment policies as well as institutional and general macro-economic policies to make them more hospitable to foreign funds.
关键词：Foreign Private Capital Inflows; Foreign Direct Investment;Economic Growth; Gross Domestic Product (GDP); Domestic Investment;National Savings.
