首页> 外文期刊>OPEC energy review >The Institutional role in oil revenue-economic growth nexus in Nigeria
【24h】

The Institutional role in oil revenue-economic growth nexus in Nigeria

机译:尼日利亚石油收入经济增长Nexus的制度作用

获取原文
获取原文并翻译 | 示例
           

摘要

The mixed empirical findings from the previous studies that examined the impact of oil revenue on economic growth in oil-rich countries have raised a lot of questions as to why oil revenue has not produced the expected growth effect in some of those countries. One of the factors responsible for such a phenomenon is the poor institutional quality that characterises some of these countries. Given this, this study investigates the role of institutional quality in oil revenue-economic growth nexus in Nigeria over the period of 1984-2018. Using ARDL as an estimation method, our results show that, irrespective of the choice of oil revenue and economic growth variables, oil revenue is still indispensable to economic growth in the short run and the long run. However, interacting each of the institutional quality variables with real oil revenue and oil rents yields mixed empirical findings. Although some of the interacting variables produce positive effects on economic growth in both runs, the positive effect of some become insignificant and even turn negative in the robustness analysis. With the interaction of overall institutional quality index with oil revenue, oil revenue worsens economic growth in both runs. Given these results, it is suggested that government should improve institutional apparatuses in the country.
机译:前一项研究的混合经验调查结果检查了石油收入对石油富国经济增长的影响,提出了大量问题,为什么石油收入在其中一些国家的预期增长效应。负责这种现象的因素之一是具有这些国家的一些特征的不良制度素质。鉴于这一点,本研究调查了1984 - 2018年尼日利亚石油收入 - 经济增长Nexus的制度质量的作用。使用ARDL作为估计方法,我们的结果表明,无论石油收入和经济增长变量的选择如何,石油收入仍然不可发明的缺乏缺乏的经济增长,长期持续。然而,与真正的石油收入和石油租金相互作用,产生混合实证发现。虽然一些相互作用的变量对两次运行产生了对经济增长的积极影响,但在鲁棒性分析中,一些人的积极效果变得微不足道,甚至变成负面影响。随着整体机构质量指数与石油收入的互动,石油收入在两次运行中都会恶化。鉴于这些结果,建议政府应该改善该国的机构仪器。

著录项

  • 来源
    《OPEC energy review》 |2021年第1期|52-84|共33页
  • 作者

    Raifu Isiaka Akande;

  • 作者单位

    ILMA Univ Karachi Pakistan;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号