Working Paper

Natural Resources, Institutions, and Economic Growth : The Case of Nigeria

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Raggl, Anna K.
dc.date.accessioned
2017-08-24T20:07:21Z
dc.date.available
2017-08-24T20:07:21Z
dc.date.issued
2017-07
dc.date.lastModified
2021-06-08T14:42:48Z
dc.description.abstract
Using growth regressions with panel data, this study identifies the determinants of economic growth, highlighting in particular the role of natural resources and institutional quality. The overarching aim of this exercise is to learn about the drivers of growth in Nigeria, and to predict growth rates of gross domestic product per capita for the country under different scenarios. This study finds that a growth-enhancing effect of natural resources is tied to a sound institutional environment and low levels of corruption. Accumulation of human as well as physical capital, but also the quality of institutions and natural resource rents are estimated to be particular important ingredients for a prosperous economic development in Nigeria.
en
dc.identifier
http://documents.worldbank.org/curated/en/294851500559537935/Natural-resources-institutions-and-economic-growth-the-case-of-Nigeria
dc.identifier.uri
http://hdl.handle.net/10986/27960
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 8153
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
ECONOMIC GROWTH
dc.subject
NATURAL RESOURCES
dc.subject
INSTITUTIONS
dc.subject
CORRUPTION
dc.title
Natural Resources, Institutions, and Economic Growth
en
dc.title.subtitle
The Case of Nigeria
en
dc.type
Working Paper
en
okr.crossref.title
Natural Resources, Institutions, and Economic Growth: The Case of Nigeria
okr.date.disclosure
2017-07-20
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/294851500559537935/Natural-resources-institutions-and-economic-growth-the-case-of-Nigeria
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-8153
okr.identifier.externaldocumentum
090224b084dff03d_1_0
okr.identifier.internaldocumentum
27817103
okr.identifier.report
WPS8153
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/294851500559537935/pdf/WPS8153.pdf
en
okr.region.administrative
Africa
okr.region.country
Nigeria
okr.statistics.dr
294851500559537935
okr.topic
Macroeconomics and Economic Growth :: Commodities
okr.topic
Macroeconomics and Economic Growth :: Economic Development
okr.topic
Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic
Macroeconomics and Economic Growth :: Economic Theory & Research
okr.unit
Macroeconomics and Fiscal Management Global Practice Group

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