Governance and Export Growth in Nigeria

Abstract

This study examined the effects of governance on export growth in Nigeria using an annual time series data from 1996 to 2022, analysed by autoregressive distributed lag model (ARDL). The study discovered that control of corruption has a significant negative short-run impact and insignificant positive long-run effect on non-oil export growth, while having significant positive short and long-run effects on oil export growth. Government effectiveness has significant positive short and long-run effects on non-oil export growth, and a positive but insignificant effect on oil export growth both in the short and long run periods. Also, Political Stability and Absence of Violence/Terrorism index has significant positive short-run and insignificant long run effects on non-oil export growth in Nigeria, while this variable has an insignificant positive impact on oil export growth in both the short and long run periods....