The assessment of the influence of foreign direct investment and domestic investment on the economic growth of Nigeria (1981-2015)
ABSTRACT The study was carried out to determine the influence of Foreign Direct investment (FDI) and Domestic investment (DI) on the economic growth of Nigeria. The study employed Augmented Dickey-Fuller test to test for time series property of the data. Johansen co-integration was also examined and consequently error correction model was employed. Ordinary Least Square (OLS) method was used in the data analysis. Findings show that indeed FDI impacts significantly on economic development. It ...