Record Details

Capital Flight and the Economic Growth: Evidence from Nigeria

Binus Business Review

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Field Value
 
Title Capital Flight and the Economic Growth: Evidence from Nigeria
 
Creator Lawal, Adedoyin I.
Kazi, Kelechi Promise
Adeoti, Johnson Olabode
Osuma, Osagie Godswill
Akinmulegun, Sunday O.
Ilo, Bamidele
 
Subject
economic growth, capital flight, Nigerian economy, Autoregressive Distributed Lag model

 
Description This research examined the impact of capital flight and its determinants on the Nigerian economy using the Autoregressive Distributed Lag (ARDL) model to analyze data source from the period of 1981 to 2015. The variables included current account balance, capital flight, foreign direct investments, foreign reserve, inflation rate, external debt, and the real gross domestic product. It was to examine the existence of a long run relationship among the variables studied. The result indicates that capital flight has a negative impact on the economic growth of Nigeria. Therefore, there is a need for government to implement policies that will promote domestic investment and discourage capital flight from Nigeria.
 
Publisher Bina Nusantara University
 
Contributor
 
Date 2017-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://journal.binus.ac.id/index.php/BBR/article/view/2090
10.21512/bbr.v8i2.2090
 
Source Binus Business Review; Vol 8, No 2 (2017): Binus Business Review; 125-132
2476-9053
2087-1228
 
Language eng
 
Relation http://journal.binus.ac.id/index.php/BBR/article/view/2090/3167
 
Coverage