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Essays on institutional evolution and economic development: evidence from Nigeria

Includes bibliographical references

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Main Author: Fadiran, David Oluwatosin
Other Authors: Sarr, Mare
Format: Thesis
Language:English
Published: School of Economics 2016
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access_status_str Open Access
author Fadiran, David Oluwatosin
author2 Sarr, Mare
author_browse Fadiran, David Oluwatosin
Sarr, Mare
author_facet Sarr, Mare
Fadiran, David Oluwatosin
author_sort Fadiran, David Oluwatosin
collection Thesis
description Includes bibliographical references
format Thesis
id oai:open.uct.ac.za:11427/16530
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:41:09.854Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2016
publishDateRange 2016
publishDateSort 2016
publisher School of Economics
publisherStr School of Economics
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spelling oai:open.uct.ac.za:11427/16530 Essays on institutional evolution and economic development: evidence from Nigeria Fadiran, David Oluwatosin Sarr, Mare Economics Economic Development Nigeria Includes bibliographical references 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. 2016-01-25T11:46:20Z 2016-01-25T11:46:20Z 2015 Doctoral Thesis Doctoral PhD http://hdl.handle.net/11427/16530 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Economic Development
Nigeria
Fadiran, David Oluwatosin
Essays on institutional evolution and economic development: evidence from Nigeria
thesis_degree_str Doctoral
title Essays on institutional evolution and economic development: evidence from Nigeria
title_full Essays on institutional evolution and economic development: evidence from Nigeria
title_fullStr Essays on institutional evolution and economic development: evidence from Nigeria
title_full_unstemmed Essays on institutional evolution and economic development: evidence from Nigeria
title_short Essays on institutional evolution and economic development: evidence from Nigeria
title_sort essays on institutional evolution and economic development evidence from nigeria
topic Economics
Economic Development
Nigeria
url http://hdl.handle.net/11427/16530
work_keys_str_mv AT fadirandavidoluwatosin essaysoninstitutionalevolutionandeconomicdevelopmentevidencefromnigeria