Capital Flight and the Economic Growth: Evidence from Nigeria

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dc.contributor.authorAdedoyin, Isola Lawal
dc.contributor.authorPromise, Kelechi Kazi
dc.contributor.authorAdeoti, Johnson Olabode
dc.contributor.authorGodswill, Osagie Osuma
dc.contributor.authorSunday, Akinmulegun
dc.contributor.authorBamidele, Ilo
dc.date.accessioned2021-05-05T09:13:29Z
dc.date.available2021-05-05T09:13:29Z
dc.date.issued2017-08
dc.description.abstractThis research examined the impact of capital flight and its determinants on the Nigerian economy using the Autoregressive Distributed Lag (ARDL) model to analyze data source from the period of 1981 to 2015. The variables included current account balance, capital flight, foreign direct investments, foreign reserve, inflation rate, external debt, and the real gross domestic product. It was to examine the existence of a long run relationship among the variables studied. The result indicates that capital flight has a negative impact on the economic growth of Nigeria. Therefore, the government needs to implement policies that will promote domestic investment and discourage capital flight from Nigeria.en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/4923
dc.language.isoenen_US
dc.publisherBinus Business Reviewen_US
dc.relation.ispartofseries8;2
dc.subjecteconomic growth, capital flight, Nigerian economy, Autoregressive Distributed Lag modelen_US
dc.titleCapital Flight and the Economic Growth: Evidence from Nigeriaen_US
dc.typeArticleen_US

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