Accounting for the symmetric and asymmetric effects of FDI-growth nexus amidst financial crises, economic crises and COVID-19 pandemic: application of hidden co-integration

نویسندگان

چکیده

Abstract This study investigates the symmetric and asymmetric effects of FDI-growth nexus amidst financial crises, economic crises COVID-19 pandemic s in Nigeria over period 1983–2020. Having confirmed long-run stable state among variables, estimates suggest that FDI inflow/outflow is significantly linked with growth both long short run, while model suggests parameter have on during crisis Nigeria. Specifically, positive shocks generate a significant reducing impact growth, negative increasing effect growth. Based this findings, policy option would need to more activities improve net cushion future crisis.

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ژورنال

عنوان ژورنال: Future Business Journal

سال: 2022

ISSN: ['2314-7202', '2314-7210']

DOI: https://doi.org/10.1186/s43093-022-00131-x