Foreign Direct Investment and Nigerian Economic Growth

Ireti Olamide  Olasehinde; Clement Folorunso  Ajayi

doi:10.37241/jatss.2022.69

Ireti Olamide Olasehinde Bamidele Olumilua University of Education, Science & Technology, Department of Economics https://orcid.org/0000-0002-6248-0041
Clement Folorunso Ajayi Retired from Bamidele Olumilua University of Education, Science & Techonology https://orcid.org/0000-0003-3167-0771

DOI: https://doi.org/10.37241/jatss.2022.69

Anahtar Kelimeler: Doğrudan Yabancı Yatırım, Ekonomik Büyüme, ARDL Sınırı, İkili Granger Nedensellik

Özet

Bu makale, 1981 ve 2020 yılları arasında Nijerya'da doğrudan yabancı yatırım (DYY) ve ekonomik büyüme (GSYİH) arasındaki ilişkiyi Otoregresif Dağıtılmış Gecikme Sınırı tekniği (ARDL) kullanarak incelemiştir. Elde edilen bulgulara göre, kullanılan değişkenler arasında uzun dönemli anlamlı bir ilişki vardır. Doğrudan yabancı sermaye yatırımı (DYY) ve reel döviz kurları (REXCR), Abu (2013) ve John’un (2016) çalışmaları ile uyumlu bir şekilde, ekonomik büyüme (GSYİH) üzerinde kısa ve uzun vadeli olumlu etkiler göstermektedir. Faiz oranları ve ticarete açıklık ekonomik büyüme üzerinde kısa ve uzun vadeli etkileri anlamlı değildir. The Pairwise Granger Causality, Mounir ve Atef (2018) tarafından desteklendiği üzere, doğrudan yabancı yatırım (DYY) ve ekonomik büyüme (GSYİH) arasındaki çift yönlü nedenselliği ortaya koyarak bu iki değişkenin birbirleri üzerindeki etkisini tespit etmiştir. Bu nedenle, hükümetin hem kısa hem de uzun vadede ekonomik büyüme üzerinde daha önemli etkilere sahip olması için sıfır faizli kredi ve kredi imkanlarıyla destekleyerek doğrudan yabancı yatırıma yeni bir yaklaşım getirmesi tavsiye edilmektedir. Ekonomik büyüme üzerinde önemli etkiler yaratacak ticari açıklığı artırmak için Nijerya ürünlerinin yeterli ihracatı, ihracat teşvik kararnamesi ile teşvik edilmelidir. Reel Döviz kurları (REXCR), Nijerya ekonomisi üzerindeki önemli etkilerini gelecekte de sürdürebilmek ve ekonomik istikrar için para otoriteleri tarafından uygun şekilde kontrol edilmelidir.

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