Using the above procedure, we also find that subgroups exist within the (27) EU countries and that EU lacks taxation policies with common rules or restrictions. Our findings suggest that significant differences still exist between the countries examined and the application of diverse tax regime systems results in various tax performances. The methods applied consist of Least Square Dummy variable models and the results from the estimations for each one of the aforementioned taxes are integrated into a new total competitiveness taxation index (TCTI), following weighted hierarchical quantitative approaches. The value added tax (VAT), property tax as well as corporate and personal taxes are examined for the twenty seven (27) European Union (EU) countries. A country adopting competitive taxation policies manages to attract productive factors, funds and investments from other intra- and inter-countries. The basic purpose of the study is to find a metric-variable of competitiveness for each country's tax regime and to assess the impact of tax regime differentiation across the common market. Keywords: Foreign Direct Investment and Nigerian Economy Investment friendly environment by improved regulatory framework as well as encourage domestic investment. Therefore, government should provide an enabling environment that will encourageįoreign investors to invest in Nigeria economy by addressing the security challenges in the country, providing Interest rate was found to be positive and insignificant while exchange rate positively and significantly affects the Which was used as a proxy for domestic investment has a positive and significant impact on economic growth. The result of the OLS techniques indicates thatįDI has a positive and insignificant impact on the growth of Nigerian economy for the period under study. Granger causality test was also employed to determine theĭirection of causality between FDI and economic growth in Nigeria. Rate were also added as control variables in the model. The study also added Gross Fixed Capital Formation with a view to capture theĮffect of domestic investment on the growth of the economy for the period under review. A growth model via the Ordinary Least Square method was used to ascertain the relationship between FDIĪnd economic growth in Nigeria. The work covered a period of 1981-2009 using an annual data from Central Bank of Nigeria statisticalīulletin. This study investigates the empirical relationship between Foreign Direct Investment and economic growth in Results, also, show the absence of a positive impact of FDI on employment, which was present in most CEE countries during the transition period, as shown in numerous empirical studies. The analysis showed that since 2009, there is a significant reduction of net investments, which is more obvious in the case of FDI due to a lower domestic and external demand as a result of the global economic crisis what led to a decreasing number of employees and rising unemployment. The interdependencies between FDI and unemployment were econometrical. The paper is devoted to the influence of foreign direct investment on labour market. In this article global unemployment rates, flows of FDI, their correlation in the Western Balkan countries and comparative analysis with chosen countries are presented. ![]() However, in modern frameworks, it is actualized again, with different circumstances and motives. This matter has already been the subject of numerous studies, particularly during the period of transition of countries in CEE. ![]() On the other hand, underdeveloped and developing countries spread the range of measures for attracting foreign direct investment (FDI), since it is one of the ways for increasing employment rate. The situation where the interests of big capital opposed to the costs is becoming more pronounced, which is reflected in the increasing growth of FDI in countries with lower operating costs. In addition, the relation of offer and demand is highly expressed in favour of the offer, the excess of capital at the global level is evident and seeks opportunities of investment as profitable as possible. Many factors have an impact to it, and some of them are globalisation, fast development of high technology, global economic crisis and expressed instability of financial markets. ![]() That is a crucial problem, which jeopardises economic, social and political stability. One of them is the high unemployment rate in many countries. Modern economy is facing many challenges, in global terms.
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