International records / OpenAlex research

Capital Flow Components and Industrial Sector Performance in Nigeria

The study focused on capital flow components and industrial performance in Nigeria for theperiod 1980 and 2016. Furthermore, VEC Model is used for the study, while granger causality testis employed to examine the causal link between capital flow components and industrialperformance proixed with industry value added. The result affirm that long-run and short-runrelationship exists between capital flow components and industrial performance, and no causalityexist between workers’ remittance, official development assistance and industry valued, althoughunidirectional causality exist between foreig…