In recent times, there has been growing concern about the rising but volatile rate of investments in Nigeria. Thus concern stem from the fact that investment plays a dominant role in stimulating growth. The study buttress on the overview and empirical analyses into the determinant of investment in Nigeria in other to achieve the objective hypotheses which was stated with the purpose of achieving current and future stable and upswing of investment by readdressing problems of investment, as highlighted in the statement of problem. The study used investment as dependent variable and interest rate, inflation, foreign direct investment, degree of trade openness, gross domestic product, and money supply as independent variable. In analyzing the data, economic model of multiple regression using ordinary least square (OLS) techniques was employed. t- test was conducted to evaluate the significant of independent variables in the model not statistically significant at 5 percent level. Auto correlation and heteroscedaticity test were employed as the second order test.
TABLE OF CONTENTS
Title Page i
Approval Page ii
Dedication iii
Acknowledgment iv
Abstract v
CHAPTER ONE: INTRODUCTION
1.1 Background of study 1
1.2 Statement of the problem 6
1.3 Research Question 8
1.4 Objective of the Study 8
1.5 Statement of Hypothesis 8
1.6 Significance of the Study 8
1.7 Scope / Limitation of the Study
1.1 Background of study 1
1.2 Statement of the problem 6
1.3 Research Question 8
1.4 Objective of the Study 8
1.5 Statement of Hypothesis 8
1.6 Significance of the Study 8
1.7 Scope / Limitation of the Study
CHAPTER TWO: LITERATURE REVIEW
2.1 Literatures Review 10
2.2 Empirical Literatures 24
2.3 Limitations of Previous Studies 32
2.1 Literatures Review 10
2.2 Empirical Literatures 24
2.3 Limitations of Previous Studies 32
CHAPTER THREE: Research Methodology 34
3.2 Model Specification 34
3.3 Multiple Regressions 35
3.4 Method of Evaluation 36
3.5 Data and Software Packages 37
3.2 Model Specification 34
3.3 Multiple Regressions 35
3.4 Method of Evaluation 36
3.5 Data and Software Packages 37
CHAPTER FOUR: PRESENTATION AND ANALYSIS OF RESULT
4.1 Presentation of Regression result 38
4.2 Analysis of the Regression result 39
4.3 Evaluation based on statistical Criteria 41
4.1 Presentation of Regression result 38
4.2 Analysis of the Regression result 39
4.3 Evaluation based on statistical Criteria 41
CHAPTER FIVE: SUMMERY, CONCLUSION AND
RECOMMENDATION
5.1 Summary of Findings 46
5.2 Recommendation 46
5.3 Conclusion 47
BIBLIOGRAPHY 49
JOURNALS 50
RECOMMENDATION
5.1 Summary of Findings 46
5.2 Recommendation 46
5.3 Conclusion 47
BIBLIOGRAPHY 49
JOURNALS 50
