scholarly journals An Empirical Analysis of the Impact of Foreign Direct Investment and Industrial Sector Performance on Nigerian Economy

2019 ◽  
Author(s):  
Yuanbing Zhu ◽  
Xueying Chen ◽  
Gang Wang ◽  
Zuchang Zhong ◽  
Meier Zhuang

From the practice of developed countries, countries with higher patent applications and PCT patent applications (such as the United States, China, Japan, the United Kingdom, Germany, etc.) have relatively higher outward foreign direct investment, and the actual data of provinces in China also show that with the improvement of the patent level in various provinces and cities, the intensity of outward foreign direct investment in each province and city has also increased. At present, there are relatively few research data and the research method is relatively single. Therefore, collecting panel data on China’s 31 provinces from 2003 to 2016, this paper conducts an empirical analysis on the influence of patent level on outward foreign direct investment via analytical method of equal part linear regression and Grey Computing. By comparing analysis results with the model and the results with conventional linear regression model, the difference of different regression models is observed. Furthermore, the impact of China’s patent level on China’s inter-provincial outward foreign direct investment is further analyzed.


Author(s):  
Dat Tho Tran ◽  
Van Thi Cam Nguyen

This study aims at investigating the impact of globalization on economic growth in the case of Vietnam. Empirical analysis is done by using time series data for the period from 1995 to 2014. The paper tested the stationary cointegration of time series data and utilized the error correction modeling technique to determine the short run relationships among economic growth, globalization, foreign direct investment, balance of trade and exchange rate variables. Then, the long run relationship between economic growth and the variables representing economic integration were estimated by ordinary least square. The results show that globalization, measured by the KOF index, promotes economic growth and Vietnam has gained from integrating into the global economy. The overall index of globalization had positively and significantly impacted the economic growth in Vietnam. The results also indicated that economic globalization had a significantly positive effect on economic growth in the period examined. The study further revealed that foreign direct investment and the exchange rate affect economic growth positively whereas balance of trade affects economic growth negatively.


In India the Foreign direct investment (FDI) has received a staged improvement from instigate of the Make in India scheme, according to recent survey. There was a incredible increase in FDI inflows (40%) particularly in manufacturing sector from October, 2014 to June, 2019 . The industrial sector is considered to be the one of the dominant sectors that contribute the major Indian GDP. India has been ranked fourteenth in the factory output in the world. This was because of the launch of initiative, which sought for promoting manufacturing segments and be a magnet for foreign investments. More than 56 manufacturing units are benefitted in the entire globe. In the recent times during the year 2014 to 2019 the Industrial production inclined to 3.1 per cent, mainly on account of improvement and to encourage talent augmentation towards the various sectors of the economy. This article brings out the recent efforts taken by the government for encouraging the FDI into various sectors and how it has made a pathway. In the last ten years India has shown a tremendous increase in Foreign Direct Investment into the various sectors in economy. Even though Government of India has make a pathway for attracting FDI on various sectors, this papers focuses on explaining the impact of make in India scheme on FDI. In this paper period of five years has been considered for the analysis. The Statistical Tools like Karl Pearson's Coefficient Correlation and One - Way ANOVA has been used for the analysis of data. To study the relationship between the FDI and IIP correlation is used for the analysis of data


2018 ◽  
Vol 14 (16) ◽  
pp. 287
Author(s):  
Yu Jing ◽  
Yeboah Evans ◽  
Ohene Gyan Christian

This paper provides a literature review on the impact of foreign direct investment on economic growth and development of the Ghanaian economy; by considering foreign direct investment contributions on employments creation and the allocation of registered projects to the various sectors based on the data collected from the Ghana Investment Promotion Centre, it was discovered that there was a decline in the number of projects registered by investors in 2015 and an increase in 2017. However, it was also revealed that the tourism sector performance toward the attraction of foreign direct investment and employment generating has been reducing indirectly between 2013 and 2017 of which the tourism sector did not create any employment in 2017. Conversely, there is much focus on manufacturing, service, building & construction and general trading sectors as majority of FDI inflows has been directed into these sectors. It is recommended that investors should enter the neglected sectors since there will be much benefit in these overlooked sectors, whereas the government of Ghana should provide incentives in these undermined sectors.


2019 ◽  
Vol 12 (3) ◽  
pp. 38-47
Author(s):  
Shahriyar Mukhtarov ◽  
Mustafa Mohammad Alalawneh ◽  
Elsevar Ibadov ◽  
Ayten Huseynli

2020 ◽  
Vol 15 (8) ◽  
pp. 1223-1230
Author(s):  
Jiang Wang ◽  
Zhendong Li ◽  
Xueying Sun

With the intensification of global competition and development of investment theories, foreign direct investment (FDI) is no longer solely affected by economic factors. Many noneconomic factors, such as policies and institution, now play an important role in FDI inflow. As a composite indicator, business environment has attracted a growing attention from investors. From theoretical and empirical perspectives, this paper quantifies and qualifies the influence of business environment over the FDI under different conditions. The impact mechanism of business environment on the FDI was refined by decomposing business environment into multiple subfactors, and considering various factors of different economies, such as natural resources (NR), technological resources (TR), and political stability (PS). An empirical analysis was conducted on the panel data of 26 countries in 2005-2018. The results show that: the host country can attract more FDI inflow by improving business environment, NR, TR, and PS; excessively high NR and TR, to a certain extent, suppress the promotion effect of business environment on FDI; four subfactors of business environment, namely, the protection of small and medium investor (PI), cross-border trade (CT), electricity supply (ES), and insolvency (IN), have relatively high promotion effects on FDI inflow. The research results enrich the theories on FDI and business environment, and provide a reference for the design of innovative polices.


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