Please use this identifier to cite or link to this item:
Title: Infrastructure-FDI nexus in Nigeria: Insights from nonlinear threshold regression model
Authors: Mahmudul Haque, Md.,
Ferdous Chowdhury, M.A.,
Shakil, M.H.,
Masih, M.
Keywords: FDI
Foreign direct investment
Infrastructural development
Threshold regression
Issue Date: 2021
Publisher: Inderscience Publishers
Citation: Haque, Md. Mahmudul & Chowdhury, Mohammad Ashraful & Shakil, Mohammad & Masih, Mansur. (2021). Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model. Afro-Asian J of Finance and Accounting. 11. 20-34. 10.1504/AAJFA.2021.111795.
Abstract: Infrastructural development of the host country is one of the major determinants of attracting FDI. However, the nonlinear threshold relationship between the infrastructural development and FDI inflow is yet to be explored. The objective of this research is to find the threshold effect of infrastructure on FDI in Nigeria. Using Hansen's (2000) threshold regression over the period 1972-2015, the study found that the relationship between infrastructure development and FDI is nonlinear. Furthermore, the relationship between infrastructure and FDI is positive in both regimes; however, the marginal positive impact of infrastructural development in attracting FDI is more evident after the threshold level. The findings provide support to the regulators and policy makers to improve infrastructural development for attracting more FDI in the economy which can foster economic growth.
Description: This article is index by Scopus
ISSN: 17516447
Appears in Collections:Journal Articles

Files in This Item:
File Description SizeFormat 
Infrastructure-FDI nexus in Nigeria Insights from nonlinear threshold regression model.pdf314.95 kBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.