Foreign Direct Investment, Trade Openness and Economic Performance in Nigeria: Does Governance Quality Matter?
The present study attempts to explore whether governance quality matters in the dynamic linkage between foreign direct investment, trade openness, and economic growth in the case of Nigeria. This study interacts foreign direct investment and trade openness with governance quality. The study shows th...
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Veröffentlicht in: | African journal of economic review 2023-06, Vol.11 (3), p.91-100 |
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description | The present study attempts to explore whether governance quality matters in the dynamic linkage between foreign direct investment, trade openness, and economic growth in the case of Nigeria. This study interacts foreign direct investment and trade openness with governance quality. The study shows that foreign direct investment interaction with governance quality failed to have a contagion effect on economic growth. Also, the trade-governance quality interaction demonstrates a deleterious effect on economic growth. Based on the signs and statistical significance, the study concludes that governance quality matters to the attraction of foreign direct investment and trade facilitation. Therefore, for Nigeria to attract significant capital inflows and trade flow, there is an urgent need to put in place necessary regulatory laws. |
doi_str_mv | 10.22004/ag.econ.339641 |
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source | African Journals Online (Open Access); Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals; ProQuest Central |
subjects | Agribusiness Economic analysis economic performance foreign direct investment governance quality International Relations/Trade investment freedom trade freedom trade openness |
title | Foreign Direct Investment, Trade Openness and Economic Performance in Nigeria: Does Governance Quality Matter? |
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