{"id":"https://openalex.org/W2255774306","doi":null,"title":"Attaining Sustained Economic Growth in Nigeria through the Neo-Classical Growth Model of Capital Accumulation","display_name":"Attaining Sustained Economic Growth in Nigeria through the Neo-Classical Growth Model of Capital Accumulation","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W2255774306","mag":"2255774306"},"language":"en","primary_location":{"id":"pmh:oai:ojs.localhost:article/28457","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","pdf_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Law, Policy and Globalization; Vol 45 (2016); 27-36","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5081320223","display_name":"Olanrewaju Makinde Hassan","orcid":"https://orcid.org/0009-0008-1592-3576","observed_orcids":["https://orcid.org/0009-0008-1592-3576"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Olanrewaju Makinde Hassan","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5019774927","display_name":"Abubakar Sule","orcid":"https://orcid.org/0009-0008-9026-7062","observed_orcids":["https://orcid.org/0009-0008-9026-7062","https://orcid.org/0000-0002-0657-5329"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Abubakar Sule","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-0657-5329","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5088743116","display_name":"John Abu","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"John Abu","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.01993747,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"45","issue":null,"first_page":"27","last_page":"36"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.9326000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.9326000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13867","display_name":"Economic Growth and Development","score":0.04430000111460686,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.008200000040233135,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sustained-economic-growth","display_name":"sustained economic growth","score":0.9380000233650208},{"id":"https://openalex.org/keywords/neoclassical-growth-model","display_name":"neoclassical growth model","score":0.9449999928474426},{"id":"https://openalex.org/keywords/capital-accumulation","display_name":"capital accumulation","score":1.0},{"id":"https://openalex.org/keywords/globalization","display_name":"globalization","score":0.9359999895095825},{"id":"https://openalex.org/keywords/foreign-direct-investment","display_name":"foreign direct investment","score":0.9950000047683716},{"id":"https://openalex.org/keywords/domestic-savings","display_name":"domestic savings","score":0.9879999756813049},{"id":"https://openalex.org/keywords/trade-openness","display_name":"trade openness","score":0.9120000004768372},{"id":"https://openalex.org/keywords/market-capitalization","display_name":"market capitalization","score":0.9570000171661377},{"id":"https://openalex.org/keywords/infrastructure","display_name":"infrastructure","score":0.39399999380111694},{"id":"https://openalex.org/keywords/weak-institutions","display_name":"institutional weakness","score":0.5860000252723694},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.45500001311302185}],"concepts":[{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.6994304656982422},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6728644967079163},{"id":"https://openalex.org/C2119116","wikidata":"https://www.wikidata.org/wiki/Q7181","display_name":"Globalization","level":2,"score":0.5727440118789673},{"id":"https://openalex.org/C81751973","wikidata":"https://www.wikidata.org/wiki/Q420062","display_name":"Capital accumulation","level":3,"score":0.5172768235206604},{"id":"https://openalex.org/C84976871","wikidata":"https://www.wikidata.org/wiki/Q2015673","display_name":"Openness to experience","level":2,"score":0.5012946128845215},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4742010235786438},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4382859766483307},{"id":"https://openalex.org/C821917","wikidata":"https://www.wikidata.org/wiki/Q1412759","display_name":"Capital outflow","level":5,"score":0.4211442172527313},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.3889629542827606},{"id":"https://openalex.org/C74363100","wikidata":"https://www.wikidata.org/wiki/Q273005","display_name":"Economic system","level":1,"score":0.38581591844558716},{"id":"https://openalex.org/C58202505","wikidata":"https://www.wikidata.org/wiki/Q5035700","display_name":"Capital formation","level":4,"score":0.3805809020996094},{"id":"https://openalex.org/C47768531","wikidata":"https://www.wikidata.org/wiki/Q1127188","display_name":"Development economics","level":1,"score":0.36619168519973755},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.3381979465484619},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.32925671339035034},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.32793349027633667},{"id":"https://openalex.org/C44750222","wikidata":"https://www.wikidata.org/wiki/Q1897397","display_name":"Financial capital","level":3,"score":0.29071080684661865},{"id":"https://openalex.org/C2776943663","wikidata":"https://www.wikidata.org/wiki/Q165687","display_name":"Human capital","level":2,"score":0.2788783609867096},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.23672345280647278},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:ojs.localhost:article/28457","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","pdf_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Law, Policy and Globalization; Vol 45 (2016); 27-36","raw_type":"info:eu-repo/semantics/article"},{"id":"mag:2255774306","doi":null,"is_oa":false,"landing_page_url":"https://www.iiste.org/Journals/index.php/JLPG/article/download/28457/29199","pdf_url":null,"source":{"id":"https://openalex.org/S2738780139","display_name":"Journal of Law Policy and Globalization","issn_l":"2224-3240","issn":["2224-3240","2224-3259"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310320723","host_organization_name":"IISTE","host_organization_lineage":["https://openalex.org/P4310320723"],"host_organization_lineage_names":["IISTE"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Journal of Law Policy and Globalization","raw_type":null}],"best_oa_location":{"id":"pmh:oai:ojs.localhost:article/28457","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","pdf_url":"http://iiste.org/Journals/index.php/JLPG/article/view/28457","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Law, Policy and Globalization; Vol 45 (2016); 27-36","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[{"score":0.5263000130653381,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"},{"score":0.428600013256073,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2255774306.pdf","grobid_xml":"https://content.openalex.org/works/W2255774306.grobid-xml"},"referenced_works_count":12,"referenced_works":["https://openalex.org/W165615709","https://openalex.org/W649074216","https://openalex.org/W1593216120","https://openalex.org/W1619389122","https://openalex.org/W2043753471","https://openalex.org/W2082503759","https://openalex.org/W2099268311","https://openalex.org/W2099594117","https://openalex.org/W2108467298","https://openalex.org/W2168605160","https://openalex.org/W2401727925","https://openalex.org/W3123888140"],"related_works":["https://openalex.org/W2184863235","https://openalex.org/W3162840687","https://openalex.org/W4386792329","https://openalex.org/W3163506056","https://openalex.org/W4396743067","https://openalex.org/W7204236824","https://openalex.org/W7219948284","https://openalex.org/W7204115593","https://openalex.org/W6949311036","https://openalex.org/W7082264926"],"abstract_inverted_index":{"The":[0,54,73,178],"spread":[1],"of":[2,8,16,34,69,79,106,108,147,161,184,205],"capital":[3,35,80,187,218],"accumulation":[4,36,81,188],"as":[5,43,220],"a":[6,14,193,221],"result":[7,74],"globalization":[9,185],"has":[10,127],"many":[11],"scopes":[12],"and":[13,20,48,94,166,170,215],"variety":[15],"economic,":[17],"political,":[18],"social,":[19],"environmental":[21],"implications.":[22],"This":[23],"paper":[24],"examines":[25],"Nigeria\u2019s":[26],"economic":[27,230],"growth":[28,32,146,155,210],"through":[29,52,82,156,186],"the":[30,46,67,77,103,109,113,136,145,148,158,200,217],"neoclassical":[31],"model":[33,47],"in":[37,189,196],"order":[38],"to":[39,99,135,144,152,175],"ascertain":[40],"its":[41,49,131],"applicability":[42],"theorized":[44],"from":[45],"spillover":[50],"effects":[51],"globalization.":[53],"Vector":[55],"Auto":[56],"Regressive":[57],"(VAR)":[58],"Model":[59],"is":[60,117,122,133],"employed":[61],"using":[62],"time":[63],"series":[64],"data":[65],"covering":[66],"period":[68],"1981":[70],"\u2013":[71,140],"2014.":[72],"reveals":[75],"that":[76,125,182],"benefits":[78],"various":[83],"channels":[84],"(domestic":[85],"savings,":[86],"foreign":[87,206],"direct":[88,207],"investment,":[89],"total":[90],"trade,":[91],"market":[92,219],"capitalization,":[93],"trade":[95],"openness)":[96],"are":[97],"yet":[98],"be":[100,176],"achieved":[101],"given":[102],"small":[104],"magnitude":[105],"some":[107],"coefficients.":[110],"However,":[111],"with":[112],"statistical":[114],"significance,":[115],"there":[116],"room":[118],"for":[119,224,228],"improvement.":[120],"It":[121],"also":[123],"evident":[124],"FDI":[126],"been":[128],"significant,":[129],"but":[130],"inflow":[132],"lopsided":[134],"dominant":[137],"oil":[138],"sector":[139],"thus":[141],"contributing":[142],"little":[143],"real":[149],"economy.":[150],"Also,":[151],"achieve":[153],"sustained":[154,229],"accumulation,":[157],"endemic":[159],"problems":[160],"poor":[162],"infrastructure,":[163],"weak":[164],"regulation":[165],"institution,":[167],"political":[168],"will":[169,191],"unstable":[171],"macroeconomic":[172],"variables":[173],"need":[174],"readdressed.":[177],"study":[179],"therefore":[180],"recommends:":[181],"domestication":[183],"Nigeria":[190],"go":[192],"long":[194],"way":[195],"integrating":[197],"her":[198],"into":[199,209],"global":[201],"economy":[202],"through:":[203],"channeling":[204],"investment":[208],"enhancing":[211],"sectors;":[212],"encouraging":[213],"savings":[214],"widening":[216],"key":[222],"organ":[223],"sourcing":[225],"financial":[226],"resource":[227],"growth.":[231],"Keywords:":[232],"Sustained":[233],"Economic":[234],"Growth,":[235],"Neo":[236],"Classical":[237],"Model,":[238],"Capital":[239],"Accumulation,":[240],"Globalization,":[241],"Foreign":[242],"Direct":[243],"Investment":[244]},"counts_by_year":[],"updated_date":"2026-10-02T10:15:12.560889","created_date":"2016-06-24T00:00:00"}
