The main thrust of this study has been to provide empirical illuminations to the debate on the effectiveness of foreign aid in driving sustainable growth and development. Using an extended Barro style model of aid-augmented government expenditure and economic growth, an analytical model is...

This paper examines the effects of energy resources and carbon emissions on human welfare in selected African countries. The study specifies a neoclassical growth model augmented with energy inputs and crude oil carbon monoxide emissions. The results indicate that changes in crude oil...

This paper examined whether monetary policy is acyclical, procyclical or countercyclical and the implications of the interaction of such cyclicality with industrial output on real economic growth in Nigeria. After determining the time series properties of the variables and based on conventional...

This study examined the tendency of low-income economies in ECOWAS to converge with their high-income neighbors. It extends the frontier of knowledge by ascertaining how quickly financial development (FD) and foreign direct investment (FDI) would stimulate growth, causing low-income ECOWAS...

Renewable electricity technology adoption is an essential part of the measures to mitigate climate change and promote sustainable development. This paper investigates the drivers of and barriers to renewable electricity technology adoption in Nigeria. Specifically, the factors that influence the...