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Record W4385386388 · doi:10.22271/math.2023.v4.i1b.91

Modeling foreign direct investment returns and economic growth in Nigeria

2023· article· en· W4385386388 on OpenAlexaff
Seun Adebanjo, Emmanuel Banchani, Ibraheem Sanusi

Bibliographic record

VenueJournal of Mathematical Problems Equations and Statistics · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicUnemployment and Economic Growth
Canadian institutionsYork University
Fundersnot available
KeywordsForeign direct investmentSubsidyProductivityEconomicsForeign portfolio investmentNigeriansBusinessGovernment (linguistics)DebtReturn on investmentMonetary economicsInternational economicsMacroeconomicsOpen-ended investment companyProduction (economics)Market economy

Abstract

fetched live from OpenAlex

Foreign Direct Investment (FDI) is a strategy used by the majority of developing nations, including Nigeria, to increase their foreign exchange reserves through investments, business ventures, and international aid. The main goal of this study is to model foreign investment returns and economic growth in Nigeria. To my knowledge, no prior research on the relationship between FDI and economic growth has used a simulation with differential equations, therefore our study adds to the body of knowledge by using both a robust regression model and the simulation approach. The robust regression model was used, and the outcome demonstrates that foreign direct investment positively affects Nigeria's economic expansion. According to the simulation results, an additional $1 billion increase in foreign direct investment will cause Nigeria's GDP to grow by around $3 billion. Robust regression and simulation models combined for improved precision show that FDI has a beneficial impact on economic growth. Consequently, the Nigerian government must step up by creating a more favourable environment and ensuring the safety of people and property to draw in foreign investors. It must also increase the country's foreign reserves by investing enough money from the removal of subsidies to give average Nigerians access to financial inclusion, infrastructure growth to boost productivity, and more employment opportunities to make it easier to payment of foreign debt.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.444
Threshold uncertainty score0.440

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.060
GPT teacher head0.246
Teacher spread0.186 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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