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Effect of International Capital Inflows on Economic Growth of Nigeria

The study examined the effect of international capital inflows on economic growth of Nigeria for the periods, 1986 to 2016. The study employed four core channels of international capital inflows which includes foreign direct investment (FDI), official development assistance (ODA), personal remittances (REM), and external debt stock (EXTDS) into Nigeria as the explanatory variables and GDP growth rate as the dependent variable. The model of the study was hinged on the Harrod-Domar growth model and employed Johansen co-integration and Ordinary Least Square (OLS) techniques for data analyses. The…

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    SHA-256 31edc38b45b410d1ecc07c13615b7ead207b443ff5b4253ab685f0a550b8a984
    from https://www.ijsmsjournal.org/2019/volume-2 issue-1/ijsms-v2i1p102.pdf