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Innovation and economic growth: Evidence from Nigeria


 
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1. Title Title of document Innovation and economic growth: Evidence from Nigeria
 
2. Creator Author's name, affiliation, country Martins Iyoboyi; Array; Nigeria
 
2. Creator Author's name, affiliation, country Abdel-Razaq Na-Allah; Array; Nigeria
 
3. Subject Discipline(s)
 
3. Subject Keyword(s) Dynamic OLS, Economic growth, Innovation, Nigeria.
 
4. Description Abstract

The paper examines the impact of innovation on economic growth in the Nigerian economy during the period 1970-2011. Applying the Dynamic Ordinary Least Squares model, we find evidence in support of positive impact of innovation, proxied by technology-embodied capital imports, on economic growth. Other variables with significant positive impact are human capital and structure of the economy. On the other hand, factors such as openness to trade, high share of government expenditure as well as institutional quality are found to associate negatively with growth.
 
5. Publisher Organizing agency, location Danubius University of Galati, Romania
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 2014-07-01
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type
 
9. Format File format PDF, HTML
 
10. Identifier Uniform Resource Identifier https://journals.univ-danubius.ro/index.php/euroeconomica/article/view/2330
11. Source Journal/conference title; vol., no. (year) EuroEconomica; Vol 33, No 1 (2014)
 
12. Language English=en en
 
13. Relation Supp. Files Untitled (105KB)
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
15. Rights Copyright and permissions The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.