Industrialization: Panacea for Economic Growth

A.T. Odeleye () and Ndubuisi Chidi Olunkwa ()

Academic Journal of Economic Studies, 2019, vol. 5, issue 2, 45-51

Abstract: This paper examines the relationship between industrialization and economic growth in Nigeria between 1981 and 2015, by employing cointegration approach known as Autoregressive Distributed Lag Model (ARDL). The empirical results of the study confirm our expectations and indicate that a long run relationship exists between industrialization and economic growth in Nigeria. Equivocally, going by experiences of other emerging economies, especially; the Asian Tigers, Nigeria will in no time get out of her doldrums; if she tolls rigorously the path of industrialization, as panacea to economic growth.

Keywords: Industrialisation; panacea; economic growth; agrarian; poverty; unemployment (search for similar items in EconPapers)
JEL-codes: F12 F15 O14 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ajes.ro/wp-content/uploads/AJES_article_1_246.pdf (application/pdf)
http://www.ajes.ro/wp-content/uploads/AJES_article_1_246.pdf (text/html)

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:khe:scajes:v:5:y:2019:i:2:p:45-51

Access Statistics for this article

More articles in Academic Journal of Economic Studies from Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Adi Sava ().