The Impact of Road Transportation Infrastructure on Economic Growth in Nigeria

SIYAN PETER, EREMIONKHALE RITA, MAKWE EDITH

Abstract: This paper examined the impact of road transportation on economic growth in Nigeria. Both primary and secondary data were used as sources of data. Probit model was used to analyze the primary data while multivariate model was used for analyzing the secondary data to determine the long run relationship between growth and road transportation in Nigeria. The result shows that the transport sector positive impact on the economic growth in Nigeria. Based on the findings, it was suggested that the government should come up with sustainable and implementable road development and maintenance policies that will ensure good access and flow in Nigeria.  Also, economic growth in Nigeria depended on the level of good and accessible road transportation and facilitates business activities.

Keywords: Road transportation, government expenditure, economic growth and probit model.

Title: The Impact of Road Transportation Infrastructure on Economic Growth in Nigeria

Author: SIYAN PETER, EREMIONKHALE RITA, MAKWE EDITH

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 3, Issue 1, April 2015 - September 2015

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The Impact of Road Transportation Infrastructure on Economic Growth in Nigeria by SIYAN PETER, EREMIONKHALE RITA, MAKWE EDITH