This study examines the impact of private investment on economic performance in Nigeria using tim... more This study examines the impact of private investment on economic performance in Nigeria using time series data from 1980 -2018. Multiple regression and co-integration methods are employed to analyze the data. The objectives of this study is to, among other things, examine the casual relationship between private investment and economic growth in Nigeria and to investigate the impact of private domestic investment on economic performance in Nigeria. Being a time series data, the first step is to test for the stationarity of the data by using Phillips Perron-Fuller unit root test. Ordinary least square (OLS) and Auto regressive distributed lag (ARDL) technique is used to estimate the models. The results of the unit root test show that some variables; Labour Force Participation rate (LPR), Private Domestic Investment (PDI),Foreign Direct investment (FDI), Misery Rate (MR), Private Investment (PI), Exchange Rate (EXR), Unemployment Rate (UNEM) and Trade Openness (TOP) are integrated of o...
This study examines the impact of private investment on economic performance in Nigeria using tim... more This study examines the impact of private investment on economic performance in Nigeria using time series data from 1980 -2018. Multiple regression and co-integration methods are employed to analyze the data. The objectives of this study is to, among other things, examine the casual relationship between private investment and economic growth in Nigeria and to investigate the impact of private domestic investment on economic performance in Nigeria. Being a time series data, the first step is to test for the stationarity of the data by using Phillips Perron-Fuller unit root test. Ordinary least square (OLS) and Auto regressive distributed lag (ARDL) technique is used to estimate the models. The results of the unit root test show that some variables; Labour Force Participation rate (LPR), Private Domestic Investment (PDI),Foreign Direct investment (FDI), Misery Rate (MR), Private Investment (PI), Exchange Rate (EXR), Unemployment Rate (UNEM) and Trade Openness (TOP) are integrated of o...
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