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Economic growth effect of private capital inflows: A structural VAR approach for Nigeria

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The research result shows that shocks in foreign direct investment (FDI) inflows and portfolio investment inflows have a positive and significant impact on economic growth in Nigeria. In addition, FDIs accounted for significant variation in the growth of the Nigerian economy followed by portfolio investments, while personal remittances exerted the least variation in growth. | Economic growth effect of private capital inflows A structural VAR approach for Nigeria

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