Capital Flow Components and Industrial Sector Performance in Nigeria

Ovidius University Annals: Economic Sciences Series

Shobande Olatunji Abdul¹  Olunkwa Chidi Ndubuisi¹ 

[1] University of Lagos;

关键词: Industry value added;    foreign capital inflow;    Workers’ remittance;    Official Development Assistance;   

DOI  :  

来源: DOAJ

【 摘 要 】

The study focused on capital flow components and industrial performance in Nigeria for theperiod 1980 and 2016. Furthermore, VEC Model is used for the study, while granger causality testis employed to examine the causal link between capital flow components and industrialperformance proixed with industry value added. The result affirm that long-run and short-runrelationship exists between capital flow components and industrial performance, and no causalityexist between workers’ remittance, official development assistance and industry valued, althoughunidirectional causality exist between foreign capital inflow and industry value added. In addition,the paper recommend that for there to be sustainable improvement in the industrial sector,government have to urgently address the issue of insecurity and policy inconsistency so as to allowfree flow of capital, workers’ remittance and foreign investors confidence into the country.

【 授权许可】

Unknown