Essays on institutional evolution and economic development: evidence from Nigeria

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dc.contributor.advisorSarr, Mareen_ZA
dc.contributor.authorFadiran, David Oluwatosinen_ZA
dc.date.accessioned2016-01-25T11:46:20Z
dc.date.available2016-01-25T11:46:20Z
dc.date.issued2015en_ZA
dc.descriptionIncludes bibliographical referencesen_ZA
dc.description.abstractThe important role of institutions is relatively agreed on within the growth literature, with most empirical evidence pointing towards a positive influence of institutions on economic growth. However, empirical analysis of the institutions and growth nexus have faced a few problems, which include: the lack of a clear distinction between the different types of institutions; (i.e. political institutions, economic institutions, and customary institutions); a lack of long-run data measuring institutions for most of sub-Saharan Africa; and the paucity of country specific studies - the majority of the empirical evidence have mainly focused on cross-country analysis. While extensions from cross-country analysis to country specific analysis is growing, empirical studies focused on sub-Saharan Africa remain limited. Within the African context, majority of empirical evidence suggest weak institutions as one of the main causes of its poor economic performance. However, due to the paucity of long-run data on institutions, such an hypothesis has not been empirically tested for specific countries. Motivated by these gaps, this thesis contains three essays that examine three types of institutions and their impact on the economy. The specific issues focused on include: the evolution of institutions; persistence of institutions; interdependence between political and economic institutions; interdependence between institutions and economic development; and the role of institutions in determining resource wealth effects. This thesis uses Nigeria as a case study, because of its standing as one of the larger economies in sub-Saharan Africa, especially in terms of its natural resources. In addition to this, Nigeria has experienced numerous regime and constitutional changes over the past few decades which may lead to interesting institutional dynamics.en_ZA
dc.identifier.apacitationFadiran, D. O. (2015). <i>Essays on institutional evolution and economic development: evidence from Nigeria</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/16530en_ZA
dc.identifier.chicagocitationFadiran, David Oluwatosin. <i>"Essays on institutional evolution and economic development: evidence from Nigeria."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2015. http://hdl.handle.net/11427/16530en_ZA
dc.identifier.citationFadiran, D. 2015. Essays on institutional evolution and economic development: evidence from Nigeria. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Fadiran, David Oluwatosin AB - The important role of institutions is relatively agreed on within the growth literature, with most empirical evidence pointing towards a positive influence of institutions on economic growth. However, empirical analysis of the institutions and growth nexus have faced a few problems, which include: the lack of a clear distinction between the different types of institutions; (i.e. political institutions, economic institutions, and customary institutions); a lack of long-run data measuring institutions for most of sub-Saharan Africa; and the paucity of country specific studies - the majority of the empirical evidence have mainly focused on cross-country analysis. While extensions from cross-country analysis to country specific analysis is growing, empirical studies focused on sub-Saharan Africa remain limited. Within the African context, majority of empirical evidence suggest weak institutions as one of the main causes of its poor economic performance. However, due to the paucity of long-run data on institutions, such an hypothesis has not been empirically tested for specific countries. Motivated by these gaps, this thesis contains three essays that examine three types of institutions and their impact on the economy. The specific issues focused on include: the evolution of institutions; persistence of institutions; interdependence between political and economic institutions; interdependence between institutions and economic development; and the role of institutions in determining resource wealth effects. This thesis uses Nigeria as a case study, because of its standing as one of the larger economies in sub-Saharan Africa, especially in terms of its natural resources. In addition to this, Nigeria has experienced numerous regime and constitutional changes over the past few decades which may lead to interesting institutional dynamics. DA - 2015 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - Essays on institutional evolution and economic development: evidence from Nigeria TI - Essays on institutional evolution and economic development: evidence from Nigeria UR - http://hdl.handle.net/11427/16530 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/16530
dc.identifier.vancouvercitationFadiran DO. Essays on institutional evolution and economic development: evidence from Nigeria. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/16530en_ZA
dc.language.isoeng
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherEconomicsen_ZA
dc.subject.otherEconomic Developmenten_ZA
dc.subject.otherNigeriaen_ZA
dc.titleEssays on institutional evolution and economic development: evidence from Nigeriaen_ZA
dc.typeDoctoral Thesis
dc.type.qualificationlevelDoctoral
dc.type.qualificationnamePhDen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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