Department of Economics, University of Port Harcourt, Rivers State, Nigeria
Research Article
Globalization and the Manufacturing Sector in Nigeria
Author(s): Boma Cookey*
One of the arguments for the globalization is that it will efficient allocate resources in the world scale and especially make available capital and technology to the developing economies for industrialization and ultimately socio-economic development in the developing countries. Hence, the study took as its objective to examines the relationship between globalization and manufacturing sector development in Nigerian economy. To achieve this, the study adopted the ex-post experimental research design approach and annual time series data from 19986 to 2019. Overall globalization index, economic globalization index, trade openness and foreign direct investment were used as globalization variables, while Nigerian manufacturing sector output contribution to GDP served as proxy and indicator of manufacturing sector development. The analytical method followed the Paseran, Shin and Smith ARDL.. Read More»
DOI:
10.37421/2151-6219.2023.14.468
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