International records / OpenAlex research

Resource Curse, Institutional Quality and Economic Growth: ARDL Analysis

This study examines the interaction effects between resource curse, institutional quality and economic growthin Nigeria over the period 1986 – 2016using the auto-regressive distributed lag (ARDL) approach to co-integration analysis. Controlling for the possible effects of gross capital formation, oil price, credit to private sectors and trade openness on economic activities. This study found that there is a long-run relationship among the variables in all the specifications. Second, the interaction term between oil rent and corruption index were found to be negative and significant, indicating…