ABSTRACT
The study examined the impact of foreign direct investment (FDI) in Nigeria
over the period 1980 to 2010. The study employed multiple regressions in
analysis, using the ordinary least square (OLS) regression technique. The
result at this revealed that FDI impacted positively on the growth of the
Nigeria economy over the period under study. Based on this, the study
recommended the provision of adequate infrastructure and policy framework
that will be conducive for doing business in Nigeria, so as to attract the
inflow of FDI necessary to stimulate growth.
TABLE OF CONTENT
TITLE PAGE- - - - - - - - - -i
APPROVAL PAGE - - - - - - - - -ii
DEDICATION- - - - - - - - - -iii
ACKNOWLEDGEMENT- - - - - - - -iv
TABLE OF ONTENT- - - - - - - - -v
ABSTRACT- - - - - - - - - -ix
CHAPTER ONE:
1.1 BACKGROUND OF STUDY- - - - - - -1
1.2 STATEMENT OF PROBLEM:- - - - - - -3
1.3 OBJECTIVE OF THE STUDY- - - - - - -5
1.4 STATEMENT OF THE HYPOTHESIS- - - - -5
1.5 SCOPE/ THE LIMITATION OF THE STUDY- - - -6
1.6 SIGNIFICANCE OF THE STUDY- - - - - -6
CHAPTER TWO
2.0 LITERATURE REVIEW- - - - - - -7
2.1 CONCEPTAUL ISSUES- - - - - - -7
2.1.1 FOREIGN DIRECT INVESTMENT AND
MULTINATIONAL CORPORATION- - - - -8
2.1.2 0WNERSHIP AND CONTROL STRUCTIURE OF FOREIGN
DIRECT INVESTMENT.- - - - - - -13
2.1.3 GAINS OF FOREIGN DIRECT INVESTMENT - - - -14
2.2 THEORETICAL LITERATURE - - - - - -16
2.2.1 THE THEORY OF FOREIGN DIRECT INVESTMENT - -20
2.3 EMPIRICAL LITERATURE- - - - - - -24
2.4 SUMMARY OF LITERATURE AND JUSTIFICATION
OF THE STUDY- - - - - - - - -27
CHAPTER THREE
3.0 METHODOLOGIES - - - - - - - -28
3.1 INTRODUCTIONS - - - - - - - -28
3.2 THE MODEL - - - - - - - - -28
3.3 METHOD OF EVALUATION - - - - - -30
3.3.1 ECONOMIC CRITERIA: - - - - - -30
3.3.2 STATISTICAL CRITERIA: - - - - - -30
3.3.3 ECONOMETRIC CRITERIA: - - - - - -30
3.3.3.1 AUTO CORRELATION TEST: - - - - -31
3.3.3.2 MUTI-COLINEARITY TEST: - - - - -31
3.3.3.3 HETEROSECEDASTICITY - - - - - -31
3.4 JUSTIFICATION OF THE MODEL: - - - - -31
3.5 DATA REQUIRED AND SOURCE:- - - - - -32
3.6 ECONOMETRIC SOFTWARE- - - - - - -32
CHAPTER FOUR
4.0 PRESENTATION OF RESULTS - - - - - -33
4.1 PRESENTATION OF RESULTS - - - - - -33
4.2 RESULT INTERPRETATION- - - - - -34
4.2.1 ANALSIS OF RESULTS BASED ON ECONOMIC
(RITERIA) - - - - - - - - -35
4.2.2 ANALYSIS BASED ON STATISTICAL CRITERIA - - -36
CHAPTER FIVE: SUMMARY OF FINDINGS, POLICY
RECOMMENDATIONS AND CONCLUSION
5.1 CONCLUSION - - - - - - - - -45
5.2 POLICY RECOMMENDATIONS- - - - - -46
BIBLIOGRAPHY- - - - - - - - -47
