期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2017
卷号:8
期号:14
页码:254-265
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This research work explored the relationship between FDI, capital market and the Nigerian economy. Three hypotheses were formulated and tested using data obtained from CBN statistical bulletin 2013 – 2015. Ordinary Least Squares regression technique with the aid of SPSS 22 was employed and findings revealed that capital market has positive significant impact on Nigerian economy; FDI in Nigeria have significant impact on economic growth and that FDI enhances the capitalization of Nigerian capital market. It was recommended that Government should help improve the investment climate to attract higher FDI inflows which consequently will translate into higher gross fixed capital formation, which in turn leads to greater economic growth. Keywords: FDI; Economy; Capital Market; Investment
其他摘要:This research work explored the relationship between FDI, capital market and the Nigerian economy. Three hypotheses were formulated and tested using data obtained from CBN statistical bulletin 2013 – 2015. Ordinary Least Squares regression technique with the aid of SPSS 22 was employed and findings revealed that capital market has positive significant impact on Nigerian economy; FDI in Nigeria have significant impact on economic growth and that FDI enhances the capitalization of Nigerian capital market. It was recommended that Government should help improve the investment climate to attract higher FDI inflows which consequently will translate into higher gross fixed capital formation, which in turn leads to greater economic growth. Keywords: FDI; Economy; Capital Market; Investment