International records / OpenAlex research

Does globalization contribute to economic growth in developing countries? Some empirical lessons from Nigeria

This paper examines empirically whether or not globalization contributes to economic growth in developing countries, drawing empirical lessons from Nigeria. The globalization – growth link, is anchored on Husain Schematic representation, Solow model, and the new growth (endogenous growth) theory. The paper adopts a multiple regression framework as its methodology with the ordinary least squares estimation technique. From the empirical results, the following empirical lessons were drawn from Nigeria: globalization does not contribute to economic growth in Nigeria, openness has a negative impact…