Ongoing Debate Between Foreign Aid and Economic Growth in Nigeria: A Wavelet Analysis.
This study aims to reexamine the interconnection between economic growth, foreign aid, trade, gross fixed capital formation, and inflation rate in one model for the case of Nigeria, which has not yet been analyzed utilizing the new econometric techniques, employing time series data covering the year...
| Publicado en: | Social Science Quarterly (Wiley-Blackwell) Vol. 101; no. 5; pp. 2032 - 2052 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Sep2020
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=146139720&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 146139720 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384941 SSQ jtl: Social Science Quarterly (Wiley-Blackwell) issn: 00384941 maglogo: Y pubinfo: dt: Sep2020 vid: 101 iid: 5 pid: 480 pub: Wiley-Blackwell artinfo: ui: 146139720 10.1111/ssqu.12841 ppf: 2032 ppct: 20 formats: tig: atl: Ongoing Debate Between Foreign Aid and Economic Growth in Nigeria: A Wavelet Analysis. aug: au: Adebayo, Tomiwa Sunday Beton Kalmaz, Demet affil: Cyprus International University European University of Lefke su: Intergenerational mobility Class differences Sociodemographic factors Electoral coalitions United States politics & government sug: subj: Intergenerational mobility Class differences Sociodemographic factors Electoral coalitions United States politics & government ab: This study aims to reexamine the interconnection between economic growth, foreign aid, trade, gross fixed capital formation, and inflation rate in one model for the case of Nigeria, which has not yet been analyzed utilizing the new econometric techniques, employing time series data covering the years between 1980 and 2018. No previous research has employed a wavelet coherence technique to gather information on the dynamic connection and/or causality between these economic indicators at dissimilar frequencies and various time frames. The main objectives are to address the questions: (a) Is there long‐run relationship between the indicators under consideration? (b) What are the main determinants of economic growth in the long run? (c) How are the indicators related at dissimilar frequencies and various time frames? The empirical findings confirm that (a) there is a long‐run relationship between the indicators under consideration; (b) in the long run, economic growth is influenced significantly by foreign aid, trade openness, gross fixed capital formation, and inflation rate; (c) the outcomes of the wavelet coherence technique give evidence to support the long‐run estimations of this study; and (d) the outcomes of wavelet coherence are supported by the Toda‐Yamamoto causality test results. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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