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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The effects of economic instability on aggregate investment in Nigeria
Author:Olaniyan, OlanrewajuISNI
Year:2000
Periodical:The Nigerian Journal of Economic and Social Studies
Volume:42
Issue:1
Pages:23-36
Language:English
Geographic term:Nigeria
Subjects:investments
foreign investments
Abstract:This paper investigates the effects of economic instability on aggregate investment in Nigeria. Using a typical reduced form of investment equation with measures of instability as independent variables, the author found that economic instability is a major determinant of the performance of investment in Nigeria. All these instabilities combine to depress investment in the domestic economy. The study thus proposes that for a boom in investment to take place, there must be relative policy, political and economic stability in the economy. Bibliogr., notes, ref., sum. [Journal abstract]
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