Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model
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 infrastruc...
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my.ums.eprints.335892022-08-02T02:28:08Z https://eprints.ums.edu.my/id/eprint/33589/ Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model Md. Mahmudul Haque Mohammad Ashraful Ferdous Chowdhury Mohammad Hassan Shakil Mansur Masih HG4501-6051 Investment, capital formation, speculation 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. Inderscience Enterprises Ltd. 2021 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/33589/1/Infrastructure-FDI%20nexus%20in%20Nigeria_%20insights%20from%20nonlinear%20threshold%20regression%20model.pdf text en https://eprints.ums.edu.my/id/eprint/33589/2/Infrastructure-FDI%20nexus%20in%20Nigeria_%20insights%20from%20nonlinear%20threshold%20regression%20model%20_ABSTRACT.pdf Md. Mahmudul Haque and Mohammad Ashraful Ferdous Chowdhury and Mohammad Hassan Shakil and Mansur Masih (2021) Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model. Afro-Asian Journal of Finance and Accounting, 11. pp. 20-34. ISSN 1751-6447 (P-ISSN) , 1751-6455 (E-ISSN) https://www.inderscienceonline.com/doi/epdf/10.1504/AAJFA.2021.111795 |
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HG4501-6051 Investment, capital formation, speculation Md. Mahmudul Haque Mohammad Ashraful Ferdous Chowdhury Mohammad Hassan Shakil Mansur Masih Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model |
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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. |
format |
Article |
author |
Md. Mahmudul Haque Mohammad Ashraful Ferdous Chowdhury Mohammad Hassan Shakil Mansur Masih |
author_facet |
Md. Mahmudul Haque Mohammad Ashraful Ferdous Chowdhury Mohammad Hassan Shakil Mansur Masih |
author_sort |
Md. Mahmudul Haque |
title |
Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model |
title_short |
Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model |
title_full |
Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model |
title_fullStr |
Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model |
title_full_unstemmed |
Infrastructure-FDI nexus in Nigeria: insights from nonlinear threshold regression model |
title_sort |
infrastructure-fdi nexus in nigeria: insights from nonlinear threshold regression model |
publisher |
Inderscience Enterprises Ltd. |
publishDate |
2021 |
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https://eprints.ums.edu.my/id/eprint/33589/1/Infrastructure-FDI%20nexus%20in%20Nigeria_%20insights%20from%20nonlinear%20threshold%20regression%20model.pdf https://eprints.ums.edu.my/id/eprint/33589/2/Infrastructure-FDI%20nexus%20in%20Nigeria_%20insights%20from%20nonlinear%20threshold%20regression%20model%20_ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/33589/ https://www.inderscienceonline.com/doi/epdf/10.1504/AAJFA.2021.111795 |
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13.211869 |