Structural Change and Economic Growth in Nigeria

  • Bilyaminu Mohammed Adamawa State Polytechnic, Yola
  • Nuruddeen Mahmud Bunu Modibbo Adama University, Yola
  • Abdulhamid Hamman Bazza Adamawa State Polytechnic, Yola
  • Aisha Adamu Hassan Gombe State University, Gombe
  • Mohammed Bashir Adamu Adamawa State Polytechnic, Yola
  • Saidu Yahaya Adamawa State Polytechnic, Yola
  • Amina Bala Usman Federal Polytechnic Bali, Taraba State
  • Sa’ad Abubakar Adamawa State Polytechnic, Yola

Resumo

This study investigates structural change and growth nexus in Nigeria using data on value-added shares in agriculture, manufacturing and the service sectors for the period from 1980 until 2021. A bivariate autoregressive distributed lags (bivariate-ARDL) model is employed for the empirical analysis. ARDL model is a single-equation model that has been used for decades in modelling the relationship between time series variables. The results show that structural change statistically significantly affects economic growth in Nigeria over the sample periods. Thus, the study recommends that government policies that drive structural change in the three sectors, agriculture, manufacturing and services must be encouraged in order to continue to grow the economy.

 

Biografias Autor

Bilyaminu Mohammed, Adamawa State Polytechnic, Yola

Department of Cooperative Economics and Management, 

 

Nuruddeen Mahmud Bunu, Modibbo Adama University, Yola

Department of Economics, 

 

Abdulhamid Hamman Bazza, Adamawa State Polytechnic, Yola

Department of Banking and Finance, 

 

Aisha Adamu Hassan, Gombe State University, Gombe

Department of Economics, 

 

Mohammed Bashir Adamu, Adamawa State Polytechnic, Yola

Department of Cooperative Economics and Management, 

 

Saidu Yahaya, Adamawa State Polytechnic, Yola

Department of Banking and Finance, 

 

 

Amina Bala Usman, Federal Polytechnic Bali, Taraba State

Department of General Studies, 

 

Sa’ad Abubakar, Adamawa State Polytechnic, Yola

Department of Business Administration and Management, 

 

Publicado
2023-02-23
Edição
v. Vol 7 Issue n. 2 (2022): LAFIA JOURNALS OF ECONOMICS AND MANAGEMENT SCIENCES
Secção
Articles

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