An Econometrics Evaluation On The Impact Of Foreign Direct Investment On The Economic Growth Of Nigeria (1980 – 2000)

AN ECONOMETRICS EVALUATION ON THE IMPACT OF FOREIGN DIRECT INVESTMENT ON THE ECONOMIC GROWTH OF NIGERIA (1980 – 2000)CHAPTER ONE1.0    INTRODUCTION          Growth in neoclassical theory is brought about by increases in the quantity of factors of production and in the efficiency of their allocation. In a simple world of two factors, labour and capital, it is often presumed that low-income countries have abundant labour but less capital. This situation arises owing to shortage of domestic savings in these countries, which places constraint …