The Determinants Of Capital Flight In Nigeria: An Empirical Approach:- Ezeanya Oluchi S

Authors: EZEANYA OLUCHI STELLA | Social & Management Sciences Economics Projects 111 pages 24,520 words

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Abstract fThisstudyfocuses on the impact ofcapitalflight on economic growth in Nigeriafrom 1981 — 2018. Secondary method ofdata collection was used with data gotten from CBN statistical bulletin and World bank development indicator. Ordinary Least Squares (OLSj technique of estimation was used to analise the data. The result from the cointegration test indicates that there is no long-run relationship between capital flight and economic growth in Nigeria within the period under review The study therefore recommend that debts should be contractedsolelyfor economic capital formation purpose, because capitalformation has direct impact on economic growth. Keywords: Capital Flight, Economic growth, direct impact, Financing, capital formation.

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