Affiliation:
1. Economics Department, Faculty of Arts, Management, and Social Sciences, Nigerian Army University, Biu, Borno State, Nigeria
Abstract
This study examines, among others, the effect of terrorism, political violence, corruption, and religious tension on FDI inflows to the banking, construction, manufacturing, 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.
Subject
General Medicine,General Chemistry
Reference68 articles.
1. Abubakar, N., Che-Mat, S., & Harun, M. (2012). Impact of infrastructure on foreign direct investment: The case of Malaysia. International Congress on Interdisciplinary Business and Social Science, 65, 205-211.
2. Aguiar, S., Aguiar-Conraria, L., Gulamhussen, M. A., & Magalhaes, P. C. (2012). Foreign direct investment and home-country political risk: The case of Brazil. Latin American Research Review, 47 (2), 144-165.
3. Alam, H. M., Akram, M., & Iqbal, Z. (2017). The terrorism and foreign direct investment: The case of Pakistan. Journal of Research Society of Pakistan, 54(1), 71-77.
4. Alam, A., & Shah, S.Z.A. (2013). Determinants of foreign direct investment in OECD member countries. Journal of Economic Studies, 40(4), 515 – 52.
5. Alam, M. & Mingque, Y. (2018). The relationship between terrorist events, foreign direct investment (FDI) and tourism demand: Evidence from Pakistan. American Journal of Tourism Management, 7(1), 10-18. doi: 10.5923/j.tourism.20180701.02.
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献