The nexus between foreign aid and foreign direct investment in Nigeria: Simultaneous equations approach / Mohammed Kabir Garba ... [et al.]

• Main Authors: Garba, Mohammed Kabir, Akanni, Saheed Busayo, Banjoko, Alabi Waheed, Oladele, Toluwa Celestine
• Format: Article
• Language: English
• Published: Universiti Teknologi MARA Press (Penerbit UiTM) 2023
• Subjects: Foreign investments. Country risk
• Online Access: https://ir.uitm.edu.my/id/eprint/86390/1/86390.pdf; https://ir.uitm.edu.my/id/eprint/86390/
• Institution: Universiti Teknologi Mara

Undoubtedly, the choice of models for analyzing the relationship between level stationary Foreign Aid (FA) and Foreign Direct Investment (FDI) variables using single-equation modeling techniques such as Multiple Linear Regression (MLR) model produces non-spurious results in the sense that the coeffi...