International records / OpenAlex research

Impact of Capital Flight on Economic Growth in Nigeria: An Econometric Approach

This article examined the impact of capital flight on economic growth in Nigeria. Classical methods of predicting impact of capital flight on economic growth have not yielded much result. This research examines time series data which includes gross domestic product (GDP), capital flight, exchange rate and external debt which was computed from the national Bureau of Statistics and central Bank of Nigeria Statistical Bulletin. The model estimated to cover the period 1980 – 2012 was analyzed using combined global technique, Artificial Neural Network (ANN) as a predictive technique and classical t…