International records / OpenAlex research

Impact of Selected Macroeconomic Variables on Economic Growth in Nigeria

This study investigates the impact of selected macroeconomic variables on economic growth in Nigeria using quarterly data spanning from 2000Q1 to 2022Q3. The methodology, anchored in the co-integrated Autoregressive Distributed Lag (ARDL) model, emphasizes data collection, validity, and reliability considerations. Secondary data, drawn from the Central Bank of Nigeria and National Bureau of Statistics, constitute a sample of 87 data points, meeting the Central Limit Theorem’s sample size requirements. The variables under scrutiny nominal GDP growth (as a proxy for economic growth), exchange ra…