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  • Rail Transport and Economic Growth in Nigeria (1970 – 2011).
    ►APANISILE Olumuyiwa Tolulope and AKINLO Taiwo

    ​     10.52283/NSWRCA.AJBMR.20130305A03
     
    ABSTRACT
    The study examined the link between rail transport and economic growth in Nigeria over the period 1970-2011 using Error Correction modelling approach. The results show that there is long run relationship among the variables. In addition, the EC models show that the error correction term is correctly signed and significant while there is inverse relationship between rail transport and economic growth in Nigeria. This explains the decadence in the sector due to the neglect of the sector by the government. The study therefore concludes that government should embark on development policies that will aim at strengthening the sub-sector of the economy so that it can operate in its full capacity and neutralise the decadence that is evident in the sector.
    Keywords: Rail Transport, Economic Growth, Error Correction Model.

    Pages:18-24 :: Download-View
 
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