Table 1 Variables for a priori Expectations
From: Industrial output growth and foreign direct investment in Nigeria
VARIABLES | A PRIORI EXPECTATIONS |
|---|---|
Industrial Output (IDT) | \({\beta }_{1}>0\) |
Labour Participation Rate (LPR) | \({\beta }_{2}>0\) |
Exchange Rate (EXR) | \({\beta }_{3}<0\) |
Inflation Rate (INF) | \({\beta }_{4}<0\) |
Trade Openness (TOP) | \({\beta }_{5}>0\) |
Gross Capital Formation (GCF) | \({\beta }_{6}>0\) |
Foreign Direct Investment (FDI) | \({\beta }_{7}>0\) |