International records / OpenAlex research

Impact of Road and Construction Financing on Economic Growth in Nigeria: An Autoregressive Distributed Lag (Ardl) Approach

This study examines the impact of road construction financing and transport and communication financing on economic growth in Nigeria using an Autoregressive Distributed Lag (ARDL) approach. Annual time-series data covering the period 2002–2023 were employed, with real gross domestic product serving as the proxy for economic growth. The ARDL technique was adopted due to its suitability for variables with mixed orders of integration and its ability to capture both short-run dynamics and long-run relationships. The bounds testing procedure was used to examine the existence of long-run relationsh…