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Author
Abamu Bamituni Etomi (Wekerle Business School), Pietrzak Joanna (University of Gdańsk)
Title
Relationship Between Fdi and International Trade - Evidence From Nigeria
Zależność między inwestycjami bezpośrednimi a handlem międzynarodowym - perspektywa Nigerii
Source
International Business and Global Economy, 2019, nr 38, s. 105-118, bibliogr. 45 poz.
Biznes Międzynarodowy w Gospodarce Globalnej
Keyword
Handel międzynarodowy, Inwestycje bezpośrednie, Inwestycje zagraniczne, Eksport
International trade, Direct investments, Foreign investment, Export
Note
JEL Classification: F1, F2, F11, F21, F23
summ., streszcz.
Country
Nigeria
Nigeria
Abstract
Bezpośrednie inwestycje zagraniczne (BIZ) są znaczącym czynnikiem rozwoju ekonomicznego. Niniejszy artykuł ma na celu zbadanie zależności między napływem BIZ a poziomem eksportu w kraju przyjmującym na przykładzie Nigerii. Zależność między tymi dwoma zmiennymi została zbadana metodą korelacji. Wyniki wskazują na istnienie silnego związku między BIZ a eksportem. Analiza regresji z użyciem OLS wskazuje, że wzrost zagranicznych inwestycji bezpośrednich powoduje wzrost wartości eksportu. Struktura eksportu Nigerii jest uproszczona, jako że ropa naftowa stanowi 90% jego wartości, co naraża kraj na szoki zewnętrzne. Autorzy zalecają, aby rząd położył większy nacisk na przyciąganie inwestycji zagranicznych do innych sektorów, takich jak rolnictwo, przemysł wytwórczy i wydobywczy, aby zdywersyfikować strukturę eksportu Nigerii.(abstrakt oryginalny)

Foreign direct investment (FDI) is now an important factor in the development of an economy considering the benefits that come with it. This study aims to investigate the relationship between FDI and international trade from an exports perspective. A correlation analysis was performed to determine whether there is a relationship between the two variables. Findings show that there is a strong positive relationship between FDI and exports. A regression analysis using OLS showed a very significant relationship between the two and revealed that an increase in FDI causes an increase in the country's exports. The composition of exports is limited as oil accounts for more than 90% of Nigeria's exports, thereby exposing the country to external shocks. This study recommends that more efforts should be made to diversify the economy by attracting FDI to non-oil sectors such as agriculture, manufacturing, and mining in order to diversify the export base.(original abstract)
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ISSN
2300-6102
Language
eng
URI / DOI
http://dx.doi.org/10.4467/23539496IB.19.006.11505
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