Doing Business in Nigeria: Does Offensive and Defensive Interest Matters
Doing Business in Nigeria: Does Offensive and Defensive Interest Matters
Author(s): Olatunji A. Shobande, Ndubuisi Chidi OlunkwaSubject(s): Business Economy / Management, Socio-Economic Research
Published by: Editura Universitară & ADI Publication
Keywords: ARDL bound testing approach; Investment climate; private capital;
Summary/Abstract: The study focused on the ease of doing business as it affects private investment in Nigeria, using a time series data sourced from the Central Bank of Nigeria statistical Bulletin. The Autoregressive Distributed Lag (ARDL) model bound testing approach was employed for the study and the overall results confirmed that there exist a long run and short relationship among the variable considered. The study warned that there is need to relax monetary toolkit to allow private investment contributes to economic growth by giving access to loanable funds and providing regulatory framework and tax incentive to better enhance their performance.
Journal: Academic Journal of Economic Studies
- Issue Year: 5/2019
- Issue No: 1
- Page Range: 90-94
- Page Count: 5
- Language: English