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THE DETERMINANTS OF INVESTMENT DEMAND IN A DEVELOPING ECONOMY: A CASE STUDY OF NIGERIA
ABSTRACT
With respect to existing theories of investment demand we hold the view that some do not provide adequate explanation to aggregate investment behaviour in a developing economy. This is due to the fact that the co-operating factors such as Human Capital, technology and raw materials needed to make a given investment profitable are not given much attention . Whereas, in developed economies, these cooperating factors are relatively abundant and, therefore, do not affect investment decisions. In developing economy the cooperating factors earlier mentioned places as serious limitation to the amount and rate of investment possible because of the relative scarcity. Nigeria today would not have been dependent on oil revenue alone, but adequately self sufficient if its material and natural resources were provided with valuable transparent and appropriate investment outlet, but due to political, social and security inconsistency, Nigeria cannot boast of economic development. The lack of sustainable communication net-work and poorly in adequate information on area of investment have by and large tendered Nigeria an unfriendly environment for investment for both local and foreign investors. It is therefore our position to find, evaluate and communicate solution that will make Nigeria move forward in terms of economic development.
TABLE OF CONTENT
Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi
CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10
CHAPTER TWO
LITERATURE REVIEW – – – – – – -11
CHAPTER THREE
Research methodology – – – – – – -39
Design of study – – – – – – – -40
CHAPTER FOUR
Presentation, analysis and interpretation of data – -48
CHAPTER FIVE
Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69