000			03406nam a22002777a 4500
003			KOHA
005			20230316101342.0
008			230316d2022 cy ||||| m||| 00| 0 eng d
040			_aCY-NiCIU _beng _cCY-NiCIU _erda
041			_aeng
090			_aYL 2739 _bJ43 2022
100	1		_aJıbrıl, Murtala Saidu
245	1	0	_aINVESTIGATING THE IMPACT OF RAIL INFRASTRUCTURAL INVESTMENT ON ECONOMIC GROWTH IN NIGERIA / _cMURTALA SAIDU JIBRIL; SUPERVISOR: ASSOC. PROF. DR. DEMET BETON KALMAZ
264			_c2022
300			_a47 sheets; _c31 cm. _eIncludes CD
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
502			_aThesis (MSc) - Cyprus International University. Institute of Graduate Studies and Research Economic Department
504			_aIncludes bibliography (sheets 39-45)
520			_aABSTRACT As a global player, Nigeria has surfaced with a new role in international economic and political settings, and what this means for the African continent in general, and its economic growth in particular, has garnered considerable attention, interpretations, analysis, and prediction from development economists, policymakers, state and non state actors worldwide in recent decades. In Nigeria, for example, initiatives to encourage and build higher economic growth through new and massive transportation infrastructure have been extensively implemented. Thus, numerous existing studies on Chinese infrastructural investment in Nigeria have been based on the cost or benefits of Africa's involvement in trade and infrastructure investment connections with China. Therefore, this study employed Autoregressive Distributive Lag (ARDL) model with Error Correction Mechanism (ECM) to investigate the impact of rail infrastructural investment on economic growth in Nigeria using annual time series data from 1980 to 2021. The findings from this study revealed that there is evidence of cointegrating relationship among the considered variables from the bound test. The results of the ARDL revealed that rail infrastructural investments have significant impacts in both the sort run and the long run horizons although the results were affected by lags variables. The coefficient of ECTt-1 (i.e., -0.2348) is statistically significant at 1%. This means that to fully restore the impact of rail infrastructural investments on economic growth in Nigeria in the subsequent period, about 23% adjustment to equilibrium convergence is required annually in the rail transport system. Overall, the study concludes that Chinese rail infrastructural investments have significant impact on economic growth in Nigeria during the study period. The study recommends that Nigeria should allow more private investments, trade index or buy particular goods from foreign countries especially from China were most of FDI is coming from, instead or other countries and tax adjustments especially in favour of Chinese companies may become options for settling Chinese debt which may turn out to be much higher than expected in the long run. Keywords: Economic Growth, Investment, Nigeria, Rail Infrastructure
650		0	_aEconomic development _vDissertations, Academic _zNigeria
650		0	_aInvestments _vDissertations, Academic _zNigeria
700	1		_aKalmaz, Demet Beton _esupervisor
942			_2ddc _cTS
999			_c289957 _d289957