International records / OpenAlex research

Effects of external debt burden on LDC's investments: empirical evidence from Nigeria

This article attempts to answer the question of whether the external debt stock and associated servicing always discourage domestic investments in less-developed countries as claimed by some authors.Use was made of a comparative modeling approach involving multiple log-linear regression, distributed lag and autoregressive models. Comparative estimation methods were also employed, including the OLS. Cochrane-Orcutt, Maximum Likelihood, and instrumental variable techniques against time-series annual Nigerian data .fi·Oin 1970 through 2001. The results, among others, indicate that both external d…