Browsing by Author "Abubakar, Mukhtar Salisu"
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Article Foreign Direct Investment and Its Impact on Economic Performance: The Case of Turkey and Nigeria(2015) Temiz, Dilek; Gökmen, Aytaç; Abubakar, Mukhtar Salisu; 52039; 17660Foreign Direct Investment (FDI) has been affecting global business affairs for decades. A country, whether developed or developing, necessitates more FDI entry than other countries because the FDI inflow may bring certain advantages such as capital accumulation, knowledge, know-how transfer, and obtainment of updated technology. Thus, the entry of FDI into a host country is expected to reveal positive aftermaths. The objective of this study is to analyze the impact of FDI entry into Nigeria and Turkey for the years 1970–2012 by using econometric methods such as VAR, VECM, unit root test, cointegration test, causality test, impulse-response functions, and variance decomposition. As a result, it was estimated that there is no positive impact of FDI entry on economic growth in Nigeria and in Turkey. © 2015, Copyright © Taylor & Francis Group, LLC.Master Thesis The impact of foreign direct investment on economic growth a comparative analysis between Nigeria and Turkey(2014) Abubakar, Mukhtar SalisuThe impact of foreign direct investment (FDI) on economic growth has become a topic a great concern among researchers. The importance of this trend has surged owing to globalization process. There is enormous lacuna of stock of capital and technology between developed and developing countries. Hence, many countries try to attract huge FDI inflow to enhance their economic growth and development as it appears suitable means to fill the gap. This study investigated empirically the impact of FDI on economic growth between Nigeria and Turkey over the period of 1970-2012. To analyze the relationship between FDI and economic growth, Johansen co-integration, Granger causality, VAR impulse response and variance decomposition tests were carried out. It is concluded that, there is no long run relationship between FDI and GDP in Nigeria, there is no evidence of causality between FDI and economic growth (GDP) in Nigeria. For Turkey, our model provides no evidence of causal relationship between FDI and GDP.