International records / OpenAlex research

Macroeconomic Determinants of Economic Growth in Nigeria: A Co-integration Approach

The study examines the macroeconomics determinants of economic growth in Nigeria measured by real gross domestic product (RGDP).We used time series data obtained from CBN for a period of 26 years that is 1986 to 2012.Augmented Dickey-Fuller (ADF) test was used for the unit root test and Johansen's co-integration test was also conducted to establish short and long run relationships between economic growth and its macroeconomics determinants.The result shows six co-integrating equations which establish the existence of long run relationship among the variables.Ordinary Least Square statistical t…