2023
DOI: 10.35808/ijfirm/369
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The Relationship Between Natural Resource Rent and Economic Growth in Nigeria

Chala,
Dagim,
Belisty
et al.

Abstract: Purpose:The current study explored the nature of the relationship between natural resources and economic growth in Nigeria, drawing on linear and nonlinear versions of the ARDL model over the period covering 1972-2019. Design/Methodology/Approach: In this study, real GDP per capita was used as a proxy variable for economic growth, and it was sourced from the World Bank's database of world development indicators. As a measure of natural resources, the study used total natural resource rent expressed as a percen… Show more

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