2024
DOI: 10.1108/jmlc-10-2023-0160
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Oil rent, corruption and economic growth relationship in Nigeria: evidence from various estimation techniques

Joseph David,
Awadh Ahmed Mohammed Gamal,
Mohd Asri Mohd Noor
et al.

Abstract: Purpose Despite the huge financial resources associated with oil, Nigeria has consistently recorded poor growth performance. Therefore, this study aims to examine how corruption and oil rent influence Nigeria’s economic performance during the 1996–2021 period. Design/methodology/approach Various estimation techniques were used. These include the bootstrap autoregressive distributed lag (ARDL) bounds-testing, dynamic ordinary least squares (DOLS), the fully modified OLS (FMOLS) and the canonical cointegration… Show more

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