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All Journal SIASAT Journal Randwick International of Social Science Journal
Ubong Edem Effiong
Department of Economics, University of Uyo, P.M.B. 1017, Uyo, Akwa Ibom State, Nigeria
Religion Humanities Languange, Linguistic, Communication & Media Social Sciences

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Foreign Direct Investment Led Growth Hypothesis and Economic Development in Nigeria Ubong Edem Effiong; Nora Francis Inyang
Randwick International of Social Science Journal Vol. 2 No. 4 (2021): RISS Journal, October
Publisher : RIRAI Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47175/rissj.v2i4.320

Abstract

This study was an inquiry into the nexus of the foreign-direct investment (FDI) led growth hypothesis, and how it translates into the development of the Nigerian economy as of 1970 – 2018. The study utilized secondary data from the ‘World Development Indicators’ which were analysed using the Bounds test for cointegration and the ‘autoregressive distributed lag (ARDL) approach to divulge both the short-term cum the long-term influence of foreign direct investment net inflow on ‘economic development’ of Nigeria. The Bounds test was conducted after the unit root test revealed that the variables were stationary at mixed order of level and first difference. The outcome of the ARDL Bounds test supported confirmation of long-term association among the variables. The ARDL short-run error correction showed that 14.62% of the instability in the model was corrected yearly. In the short-term, it was discovered that FDI wielded a deleterious and substantial weight on ‘economic development of Nigeria. Meanwhile, the long-term estimates indicated that FDI influenced economic development positively, though not in a significant manner. The Granger causality test supported the fact that FDI causes ‘economic development’ in Nigeria. Given this potential of FDI exerting a positive effect on ‘economic development’, the paper recommended that bottlenecks inherent in FDI influxes in the country should be removed so as to reap the fullest benefits of such inflows in Nigeria.
Urbanization and Health Conditions in Nigeria: Dealing with the Urban Health Challenges Ubong Edem Effiong; Supper Roland Okijie; Muhammad Ridwan
SIASAT Vol. 6 No. 4 (2021): Siasat Journal, October
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/siasat.v6i4.104

Abstract

Health concerns arising from urbanization requires serious commitment to revamp the Nigerian health sector. In that regards, this study sought to investigate the influence of urbanization and health expenditure on life expectancy and mortality rates in Nigeria from 1981 to 2020. The fully modified ordinary least squares (FMOLS) technique was used to ascertain the influence of urbanization and government health expenditure on life expectancy and mortality rates in Nigeria. From the result of FMOLS, it was observed that urbanization exerts a positive and significant effect on life expectancy; but exerts a negative and significant effect on mortality rates. Moreover, government health expenditure generated a negative and significant effect on life expectancy, but a positive and significant effect on adult mortality. As such, the 15% recommended by the World Health Organization should be given a top priority in order to alleviate the country out of the menace of health tourism that has bedevilled the country over the years.
Co-Authors Muhammad Ridwan Nora Francis Inyang Supper Roland Okijie