Foreign resources and economic growth in English speaking ECOWAS countries

ANOWOR, OLUCHUKWU F and Ikue, John (2018) Foreign resources and economic growth in English speaking ECOWAS countries. Opción, Año 34, Especial (14). pp. 1-22. ISSN 2477-9385

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Abstract

This paper sets to determine the causality between foreign resource inflows and economic growth within the English Speaking ECOWAS using data between 1970 and 2014. The individual country unit root and panel unit root tests were carried out to test for the stationarity of the variables used as a method. The result shows that human capital development can stimulate the inflows of foreign resource in ESECOC countries and thereby accelerate economic growth.We, therefore, conclude that a foreign resources-led growth assumption holds for ESECOC countries, irrespective of the time frame of the causality

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 24 Apr 2019 15:07
Last Modified: 24 Apr 2019 15:07
URI: http://eprints.gouni.edu.ng/id/eprint/1255

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