Modeling foreign direct investment returns and economic growth in Nigeria
نویسندگان
چکیده
Foreign Direct Investment (FDI) is a strategy used by the majority of developing nations, including Nigeria, to increase their foreign exchange reserves through investments, business ventures, and international aid. The main goal this study model investment returns economic growth in Nigeria. To my knowledge, no prior research on relationship between FDI has simulation with differential equations, therefore our adds body knowledge using both robust regression approach. was used, outcome demonstrates that direct positively affects Nigeria's expansion. According results, an additional $1 billion will cause GDP grow around $3 billion. Robust models combined for improved precision show beneficial impact growth. Consequently, Nigerian government must step up creating more favourable environment ensuring safety people property draw investors. It also country's investing enough money from removal subsidies give average Nigerians access financial inclusion, infrastructure boost productivity, employment opportunities make it easier payment debt.
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ژورنال
عنوان ژورنال: Journal of mathematical problems, equations and statistics
سال: 2023
ISSN: ['2709-9393', '2709-9407']
DOI: https://doi.org/10.22271/math.2023.v4.i1b.91