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Does Institutional Quality Drive Infrastructural Development? Evidence from Nigeria

Nigeria's persistent infrastructure deficit amid considerable resource wealth constitutes a compelling developmental paradox that demands institutional explanation. This study empirically investigates whether institutional quality drives infrastructural development in Nigeria over the period 1986–2024, anchored within the New Institutional Economics framework. Employing the Autoregressive Distributed Lag bounds testing approach alongside Granger causality analysis, and operationalizing institutional quality through the World Bank's six-dimensional Worldwide Governance Indicators framework, the…

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    from https://iiardjournals.org/get/IJSSMR/VOL. 12 NO. 3 2026/Does Institutional Quality Drive 24-45.pdf