This paper employs dynamic panel models; Pooled Mean Group (PMG) and Mean Group (MG) estimators to assess the growth-differential effects of Foreign Direct Investment (FDI) and Domestic Investment (DI) among 41 selected African countries from 1970 to 2017. The result of Hausman test shows that...

This paper employs dynamic panel models; Pooled Mean Group (PMG) and Mean Group (MG) estimators to assess the growth-differential effects of Foreign Direct Investment (FDI) and Domestic Investment (DI) among 41 selected African countries from 1970 to 2017. The result of Hausman test shows that...

This study examines the exchange rate volatility-trade flows nexus in Nigeria from 1986 to 2019 using monthly data from the World Bank and the Central Bank of Nigeria (CBN). The ARCH effect model showed evidence of exchange rate volatility. The study estimated ARCH (1) to ARCH (5), GARCH (1,1),...