Working Papers

August 30, 2019

The Subnational Political Resource Curse: Allocations, Internally Generated Revenue and Spending Priorities in Nigeria

Nigeria’s Economic Recovery and Growth Plan (ERGP) is a policy document that details the country’s plan to implement sustainable growth over the medium term. It notes that Nigeria will seek…

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August 7, 2019

The Economics of Tobacco Control in Nigeria: Modelling the Fiscal and Health Effects of a Tobacco Excise Tax Change

The World Health Organization (WHO) emphasises that tobacco use is a significant hurdle to public health and development gains worldwide, as it imposes significant economic costs on countries both in…

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July 29, 2019

SUSTAINABILITY IMPLICATIONS OF NIGERIA’S WATER USE PATTERNS

Nigeria has significant renewable water resources; however, the current reality is that most of it is poorly utilized and managed, thus raising important sustainability questions. There are several concerns associated…

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April 11, 2019

Efficiency of Food Reserves in Enhancing Food Security in Developing Countries: The Nigerian Experience

As a policy objective, the attainment of food security in Nigeria began facing challenges prior to independence when oil exportation began in 1958. But the challenges became pronounced and persistent…

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March 11, 2018

Finance and Firm Productivity in Africa: Background Study from World Bank Enterprise Survey Data

Access to finance has been considered to be one of the important factors in influencing firms’ real activities and in promoting aggregates. However, literature on the relationship between finance and…

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December 14, 2017

Multidimensional Impact Evaluation:

Ending (extreme) poverty in all of its forms everywhere around the world continues to dominate the International Development Agenda (UN 2015). However, while poverty is declining in much of the…

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November 3, 2017

Infrastructure Financing In Nigeria:

Similar to most sub-Saharan African (SSA) countries, Nigeria has a huge infrastructure deficit which considerably limits efforts towards achieving inclusive growth, sustainable development, and poverty reduction. With infrastructure stock estimated…

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October 17, 2017

Although electricity has been generated in commercial quantities in Nigeria for over a century, the rate of electricity infrastructure development in the county is low and power supply remains inadequate.…

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July 7, 2017

Consequences Of School Resources For Educational Achievement

This paper examines the determinants of educational achievement in a developing country context, Burkina Faso. We deviate from the extant literature by constructing an aggregate index of school quality from…

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June 26, 2017

Institutions And Sustainable Industrial-led Development In Sub-Saharan Africa

In 2015, economic growth in Sub-Saharan Africa (SSA) slowed to 3.4 percent from 4.6 percent the previous year. The economic slowdown in the region was the result of an interplay…

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February 3, 2017

Regional Trade For Inclusive Development In West Africa

This study examines the potential of regional trade in facilitating the achievement of inclusive development in the West African region. It employs descriptive analysis to examine the nature, composition and…

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July 28, 2016

Portfolio Diversification Between Developed And Less Developed Economies

This study examines the hedging effectiveness of portfolio investment diversification between developed and developing economies; with focus on the Nigerian stock asset vis--vis the stock assets of the United States…

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July 26, 2016

Extra-ECOWAS Trade And Investment Flows: Any Evidence Of Business Cycles Transmission

This study investigates the effects of merchandise trade and investment flows on the transmission of business cycles between members of ECOWAS and the major trading partnersbetween 1985 and 2014. Total…

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May 3, 2016

Export Commodity Prices And Long-Run Growth Of Primary Commodities-Based African Economies

There is a link between primary commodity export prices and economic performance. Many African economies are primary commodities export biased, often in few primary commodities. Previous studies focus on the…

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January 22, 2016

Trade And Foreign Direct Investment Nexus In West Africa: Does Export Category Matter?

This paper examines the effect of inward FDI in West Africa on exports to EU countries. It investigates from a host country perspective, the impact of FDI on different export…

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June 28, 2014

Explaining Sectoral and Spatial Variations in Growth Pro-poorness in Nigeria

The link between poverty reduction and growth has for some time been the focus of numerous empirical studies on growth. Recent studies show that the responsiveness of poverty to economic…

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