An Analysis of the Impact of Freedoms on Economic Growth

John Kagochi (), Nii O. Tackie () and Henry Thompson
Additional contact information
John Kagochi: University of Auburn
Nii O. Tackie: University of Tuskegee

Journal of African Development, 2007, vol. 9, issue 1, 13-29

Abstract: This paper examines the relationship between democracy and economic growth in Nigeria. We find no sizeable variations in economic growth as a result of changes in economic freedom. Political freedom, however, enhances economic growth. The results also suggest that while increases in capital investments have had positive effects on Nigeria's economic growth, increases in crude oil prices have not had similar effects. The study concludes that political freedom explains economic growth in Nigeria, but economic freedom does not.

Keywords: Nigeria; economic growth; economic freedom; political freedom; crude oil (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.afeawpapers.org/RePEc/afe/afe-journl/wp ... /07/JAD_vol9_ch1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:afe:journl:v:9:y:2007:i:1:p:13-29

Access Statistics for this article

More articles in Journal of African Development from African Finance and Economic Association (AFEA) Contact information at EDIRC.
Bibliographic data for series maintained by Christian Nsiah ().