Determinants Of Investment In The Nigerian Economy

64 pages ID: ECO0982

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Project Details

DepartmentEconomics
TypeProject
Pages64
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0982

Abstract

ABSTRACT The purpose of this study is to examine the determinants of investment in the Nigerian economy by making use of time series data for the period, 1970-2015. The study employed the auto-regressive distributed lag (ARDL) for the analysis. From the result, it is shown that exchange rate, interest rate, inflation rate, and total financial saving, all have a positive effect on investment whereas external debt has a negative effect on investment. Therefore, the Government should improve these determining factors of investment in order to increase gross domestic investment in Nigeria. The pol…

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