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Macro determinants of technological progress in Nigeria

Show simple item record Akanbi, O.A. 2015-09-16T09:08:48Z 2015-09-16T09:08:48Z 2011
dc.identifier.citation Akanbi, O.A. 2011. Macro determinants of technological progress in Nigeria. South African Journal of Economic and Management Sciences, Vol. 14, No.3, pp.282-297 en
dc.identifier.issn 1015-8812
dc.description.abstract This study empirically examines the macroeconomic determinants of technological progress (total factor productivity) in Nigeria that is consistent with the endogenous growth theory. The estimations are carried out with time-series data from 1970 to 2006 using the Johansen estimation techniques. The study is distinct from most of the existing literature since it made an attempt in generating a time-varying technological progress. It employs the Kalman filter technique to determine the evolution of the Solow residual estimated from a Cobb-Douglas production function. The results conform to the existing literature that macroeconomic instability, the level of financial development, and the level of human development are highly significant determinants of technological progress in Nigeria. en
dc.language.iso en en
dc.subject Technological progress en
dc.subject Macro determinants en
dc.subject Kalman filter en
dc.subject Cointegration en
dc.subject Nigeria en
dc.subject C13 en
dc.subject C22 en
dc.subject E23 en
dc.subject O47 en
dc.title Macro determinants of technological progress in Nigeria en
dc.type Article en
dc.description.department Economics en

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