{"id":"https://openalex.org/W4380135869","doi":"https://doi.org/10.47631/jareas.v4i1.595","title":"Government Fiscal Policy and Foreign Direct Investment in Nigeria: An Application of VAR Model","display_name":"Government Fiscal Policy and Foreign Direct Investment in Nigeria: An Application of VAR Model","publication_year":2023,"publication_date":"2023-05-30","ids":{"openalex":"https://openalex.org/W4380135869","doi":"https://doi.org/10.47631/jareas.v4i1.595"},"language":"en","primary_location":{"id":"doi:10.47631/jareas.v4i1.595","doi":"https://doi.org/10.47631/jareas.v4i1.595","is_oa":true,"landing_page_url":"http://dx.doi.org/10.47631/jareas.v4i1.595","pdf_url":"https://bcsdjournals.com/index.php/jareas/article/download/595/326","source":{"id":"https://openalex.org/S4210189706","display_name":"Journal of Advanced Research in Economics and Administrative Sciences","issn_l":"2708-9320","issn":["2708-9320","2709-0965"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Advanced Research in Economics and Administrative Sciences","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://bcsdjournals.com/index.php/jareas/article/download/595/326","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5081812568","display_name":"Chinwe Monica Madueke","orcid":"https://orcid.org/0000-0002-7529-2373","observed_orcids":["https://orcid.org/0000-0002-7529-2373"]},"institutions":[{"id":"https://openalex.org/I207227095","display_name":"Nnamdi Azikiwe University","ror":"https://ror.org/02r6pfc06","country_code":"NG","type":"education","lineage":["https://openalex.org/I207227095"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Chinwe Monica Madueke","raw_affiliation_strings":["Department of Economics, Nnamdi Azikiwe University Awka, Anambra State, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Nnamdi Azikiwe University Awka, Anambra State, Nigeria","institution_ids":["https://openalex.org/I207227095"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5032164251","display_name":"Chinwe Ann Anisiobi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I207227095","display_name":"Nnamdi Azikiwe University","ror":"https://ror.org/02r6pfc06","country_code":"NG","type":"education","lineage":["https://openalex.org/I207227095"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Chinwe Ann Anisiobi","raw_affiliation_strings":["Department of Economics, Nnamdi Azikiwe University Awka, Anambra State, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Nnamdi Azikiwe University Awka, Anambra State, Nigeria","institution_ids":["https://openalex.org/I207227095"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5104127561","display_name":"Calistus Tabansi Okeke","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I207227095","display_name":"Nnamdi Azikiwe University","ror":"https://ror.org/02r6pfc06","country_code":"NG","type":"education","lineage":["https://openalex.org/I207227095"]}],"countries":["NG"],"is_corresponding":false,"raw_author_name":"Calistus Tabansi Okeke","raw_affiliation_strings":["Department of Economics, Nnamdi Azikiwe University Awka, Anambra State, Nigeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Nnamdi Azikiwe University Awka, Anambra State, Nigeria","institution_ids":["https://openalex.org/I207227095"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I207227095"],"apc_list":null,"apc_paid":null,"fwci":0.1899,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":{"value":0.55908323,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":92,"max":95},"biblio":{"volume":"4","issue":"1","first_page":"1","last_page":"14"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.4984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.4984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.23770000040531158,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.07850000262260437,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.8479999899864197},{"id":"https://openalex.org/keywords/foreign-direct-investment","display_name":"foreign direct investment","score":0.9980000257492065},{"id":"https://openalex.org/keywords/public-capital-expenditure","display_name":"government capital expenditure","score":0.9110000133514404},{"id":"https://openalex.org/keywords/government-revenue","display_name":"government revenue","score":0.9850000143051147},{"id":"https://openalex.org/keywords/recurrent-expenditure","display_name":"recurrent expenditure","score":0.9620000123977661},{"id":"https://openalex.org/keywords/external-debt","display_name":"external debt","score":0.9990000128746033},{"id":"https://openalex.org/keywords/tax-revenue","display_name":"tax revenue","score":1.0},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.5979999899864197},{"id":"https://openalex.org/keywords/fdi-determinants","display_name":"determinants of FDI","score":0.7059999704360962},{"id":"https://openalex.org/keywords/granger-causality","display_name":"Granger causality","score":0.8029999732971191}],"concepts":[{"id":"https://openalex.org/C195561663","wikidata":"https://www.wikidata.org/wiki/Q1307899","display_name":"Unit root","level":2,"score":0.7349947690963745},{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.7029778957366943},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6823157668113708},{"id":"https://openalex.org/C129824826","wikidata":"https://www.wikidata.org/wiki/Q2630107","display_name":"Granger causality","level":2,"score":0.6816051006317139},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.6422602534294128},{"id":"https://openalex.org/C193991484","wikidata":"https://www.wikidata.org/wiki/Q2509483","display_name":"Government revenue","level":3,"score":0.5941348671913147},{"id":"https://openalex.org/C144341231","wikidata":"https://www.wikidata.org/wiki/Q7887151","display_name":"Unit root test","level":3,"score":0.567257821559906},{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.5342122316360474},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.5087247490882874},{"id":"https://openalex.org/C134024062","wikidata":"https://www.wikidata.org/wiki/Q1401229","display_name":"Error correction model","level":3,"score":0.48216885328292847},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.48125550150871277},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.45675405859947205},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.45514020323753357},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4159092903137207},{"id":"https://openalex.org/C121964417","wikidata":"https://www.wikidata.org/wiki/Q385503","display_name":"Tax revenue","level":2,"score":0.4118984341621399},{"id":"https://openalex.org/C178283979","wikidata":"https://www.wikidata.org/wiki/Q274490","display_name":"Public finance","level":2,"score":0.3717293441295624},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.23268336057662964},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2087344229221344}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.47631/jareas.v4i1.595","doi":"https://doi.org/10.47631/jareas.v4i1.595","is_oa":true,"landing_page_url":"http://dx.doi.org/10.47631/jareas.v4i1.595","pdf_url":"https://bcsdjournals.com/index.php/jareas/article/download/595/326","source":{"id":"https://openalex.org/S4210189706","display_name":"Journal of Advanced Research in Economics and Administrative Sciences","issn_l":"2708-9320","issn":["2708-9320","2709-0965"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Advanced Research in Economics and Administrative Sciences","raw_type":"journal-article"},{"id":"pmh:oai:ojs2.bcsdjournals.com:article/595","doi":null,"is_oa":true,"landing_page_url":"https://bcsdjournals.com/index.php/jareas/article/view/595","pdf_url":null,"source":{"id":"https://openalex.org/S4210189706","display_name":"Journal of Advanced Research in Economics and Administrative Sciences","issn_l":"2708-9320","issn":["2708-9320","2709-0965"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2708-9320","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.47631/jareas.v4i1.595","doi":"https://doi.org/10.47631/jareas.v4i1.595","is_oa":true,"landing_page_url":"http://dx.doi.org/10.47631/jareas.v4i1.595","pdf_url":"https://bcsdjournals.com/index.php/jareas/article/download/595/326","source":{"id":"https://openalex.org/S4210189706","display_name":"Journal of Advanced Research in Economics and Administrative Sciences","issn_l":"2708-9320","issn":["2708-9320","2709-0965"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Advanced Research in Economics and Administrative Sciences","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.7257999777793884,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4380135869.pdf","grobid_xml":"https://content.openalex.org/works/W4380135869.grobid-xml"},"referenced_works_count":23,"referenced_works":["https://openalex.org/W1494930829","https://openalex.org/W1530052886","https://openalex.org/W1970685113","https://openalex.org/W2056802462","https://openalex.org/W2097821602","https://openalex.org/W2111186750","https://openalex.org/W2153562738","https://openalex.org/W2183092107","https://openalex.org/W2301660555","https://openalex.org/W2467348889","https://openalex.org/W2501413544","https://openalex.org/W2556626516","https://openalex.org/W2610422311","https://openalex.org/W2945884187","https://openalex.org/W3086101816","https://openalex.org/W3093131386","https://openalex.org/W3104816249","https://openalex.org/W3128094809","https://openalex.org/W3162569253","https://openalex.org/W4213028903","https://openalex.org/W4313060307","https://openalex.org/W6940767039","https://openalex.org/W6990662722"],"related_works":["https://openalex.org/W7212506809","https://openalex.org/W7204147206","https://openalex.org/W7114994053","https://openalex.org/W4213339710","https://openalex.org/W3093131386","https://openalex.org/W3128094809","https://openalex.org/W2610422311","https://openalex.org/W7087699743","https://openalex.org/W3163506056","https://openalex.org/W4308941739"],"abstract_inverted_index":{"Purpose:":[0],"The":[1,94,140,156],"aim":[2],"of":[3,11,85,96,158],"this":[4,159],"paper":[5,160],"is":[6],"to":[7,34,89,186],"examine":[8],"the":[9,97,135,138,165],"impact":[10,148],"key":[12],"fiscal":[13,43,144,168,184],"policy":[14,44,145,169,185],"variables":[15,136],"(government":[16],"capital":[17,105],"expenditure,":[18,23,106],"government":[19,21,104,107],"revenue,":[20],"recurrent":[22,118],"external":[24,121],"debt":[25,122],"and":[26,33,45,70,82,109,120,176,182,194],"tax":[27,110],"revenue)":[28],"on":[29,74,149,164],"foreign":[30,150,173],"direct":[31,47,151,174],"investment":[32,48,152,175],"check":[35],"if":[36],"there":[37,130],"exists":[38,131],"a":[39,177,180],"causal":[40],"relationship":[41,166],"between":[42],"Foreign":[46],"in":[49,137,153,189],"Nigeria.":[50,154],"Approach/Methodology/Design:":[51],"Times":[52],"series":[53],"Econometrics":[54],"methods":[55],"such":[56],"as":[57],"Vector":[58],"Autoregressive":[59],"(VAR)":[60],"Model,":[61],"unit":[62,98],"root":[63,99],"test,":[64,66],"cointegration":[65],"Lag":[67],"selection":[68],"test":[69,73,100],"Granger":[71],"causality":[72],"annual":[75],"data":[76],"obtained":[77],"from":[78],"CBN":[79],"statistical":[80],"bulletin":[81],"National":[83],"Bureau":[84],"Statistics":[86],"spanning":[87],"1985":[88],"2020":[90],"were":[91,111,123],"used.":[92],"Findings:":[93],"results":[95,157],"showed":[101,142],"that":[102,143,167],"FDI,":[103],"revenue":[108],"stationary":[112,124],"at":[113,125],"order":[114,126],"one":[115],"(1),":[116],"while":[117],"expenditure":[119],"zero":[127],"(0).":[128],"Also":[129],"co-integration":[132],"among":[133],"all":[134],"model.":[139],"findings":[141],"has":[146],"insignificant":[147],"Originality/value:":[155],"give":[161],"valuable":[162],"information":[163],"may":[170],"have":[171],"with":[172],"need":[178],"for":[179,191],"well-articulated":[181],"coordinated":[183],"attract":[187],"FDI":[188],"Nigeria":[190],"optimum":[192],"growth":[193],"development.":[195]},"counts_by_year":[{"year":2026,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2023-06-10T00:00:00"}
