International records / OpenAlex research

Institutional Quality and Economic Misery in Nigeria

This paper makes an improvement to the traditional institutional quality-growth hypothesis originally documented in the North’s framework by investigating the implications of the quality of formal institutions on economic misery in Nigeria. The specific measures of institutional quality include economic freedom, liberal democracy, and the corruption perception index, while economic misery is measured using Hanke’s modified misery index. The datasets obtained from the World Bank, Heritage Foundation, Freedom House, Transparency International, and Carto Institute were analysed using descriptive …