Empirical Analysis of the Effect of Foreign Direct Investment Inflows on Agricultural Production in Developing Countries : Evidence from Nigeria

Authors(2) :-Binuomote S. O., T. Nnaomah

As the world economy has opened up and borders have become less of a barrier to trade, there has been a growing trend of spreading investments into different nations around the world. This diffusion of investments is often directed toward developing nations where inputs such as labor and raw materials tend to be less expensive than they are in the developed world. This movement to developing nations has sparked a considerable amount of debate on the impacts that it has on labor, the environment, and a number of other areas in the receiving nations. The particular movement of investment that is the focus of this study is foreign direct investment (FDI). FDI is any investment by a firm from one country in the actual productive capacity of another country. This can take the form of a physical investment such as a foreign firm building a factory in a country or it can be when a firm invests money in a foreign firm and is granted part ownership or some other amount of control in the foreign firm.

Authors and Affiliations

Binuomote S. O.
Department of Agricultural Economics, Ladoke Akintola University of Technology, P. M. B. 4000, Ogbomoso, Nigeria
T. Nnaomah
Department of Agricultural Economics, Micheal Opara University of Agriculture, P. M. B. 4000, Umudike, Nigeria

FDI, IFAD, UNCTAD, BT, ARDL, VECM, LAGDP, LEX, LFDI, FAO, CBN, OECD, WDI

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Publication Details

Published in : Volume 2 | Issue 2 | March-April 2016
Date of Publication : 2016-04-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 351-357
Manuscript Number : IJSRST173194
Publisher : Technoscience Academy

Print ISSN : 2395-6011, Online ISSN : 2395-602X

Cite This Article :

Binuomote S. O., T. Nnaomah , " Empirical Analysis of the Effect of Foreign Direct Investment Inflows on Agricultural Production in Developing Countries : Evidence from Nigeria", International Journal of Scientific Research in Science and Technology(IJSRST), Print ISSN : 2395-6011, Online ISSN : 2395-602X, Volume 2, Issue 2, pp.351-357, March-April-2016.
Journal URL : http://ijsrst.com/IJSRST173194

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