Factors Determining Foreign Direct Investment Inflow to Nigeria during Pre-Financial Crisis: An Empirical Investigation

Factors Determining Foreign Direct Investment Inflow to Nigeria during Pre-Financial Crisis: An Empirical Investigation

ISBN13: 9781466682740|ISBN10: 1466682744|EISBN13: 9781466682757
DOI: 10.4018/978-1-4666-8274-0.ch018
Cite Chapter Cite Chapter

MLA

Dinda, Soumyananda. "Factors Determining Foreign Direct Investment Inflow to Nigeria during Pre-Financial Crisis: An Empirical Investigation." Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance, edited by Ramesh Chandra Das, IGI Global, 2015, pp. 379-398. https://doi.org/10.4018/978-1-4666-8274-0.ch018

APA

Dinda, S. (2015). Factors Determining Foreign Direct Investment Inflow to Nigeria during Pre-Financial Crisis: An Empirical Investigation. In R. Das (Ed.), Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance (pp. 379-398). IGI Global. https://doi.org/10.4018/978-1-4666-8274-0.ch018

Chicago

Dinda, Soumyananda. "Factors Determining Foreign Direct Investment Inflow to Nigeria during Pre-Financial Crisis: An Empirical Investigation." In Handbook of Research on Globalization, Investment, and Growth-Implications of Confidence and Governance, edited by Ramesh Chandra Das, 379-398. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-8274-0.ch018

Export Reference

Mendeley
Favorite

Abstract

This chapter empirically investigates the determinants of foreign direct investment (FDI) to Nigeria during pre-financial crisis period 1970-2006. This study suggests that the endowment of natural resources, trade intensity, macroeconomic risk factors like inflation and exchange rates are significant determinants of FDI flow to Nigeria. The findings also suggest that in long run market size is not the significant factor for attracting FDI to Nigeria, it contradicts the existing literature. The author's results indicate that FDI flow to Nigeria is resource-seeking FDI. Results also suggest that trading partner like the UK in North-South (N - S) and China in South-South (S - S) trade relation have strong influence on Nigeria's natural resource outflow.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.