Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/306717 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] CBN Journal of Applied Statistics [ISSN:] 2476-8472 [Volume:] 12 [Issue:] 2 [Year:] 2021 [Pages:] 27-57
Publisher: 
The Central Bank of Nigeria, Abuja
Abstract: 
This study examines, among others, the effect of terrorism, political violence, corrup- tion, and religious tension on FDI inflows to the banking, construction, manufactur- ing, oil and gas, and telecommunication sectors in Nigeria. Thus, empirical models were estimated using the fully modified ordinary least squares (FMOLS) technique. The study spans from 2008Q1 to 2017Q4. Findings show that terrorism adversely affects FDI inflow to telecommunication sector, while corruption positively impacts on the oil and gas sector. Thus, this study among other things, recommends the intensification of effort in the war against terrorism and strengthening of relevant anti-graft agencies to adequately fight corruption in Nigeria in other to enhance the country's attractiveness to FDI inflow.
Subjects: 
Corruption
foreign direct investment
fully modified ordinary least square
terrorism
JEL: 
F21
F23
F52
H5
Persistent Identifier of the first edition: 
Document Type: 
Article

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