The Role of Infrastructure Development on National Economic Growth

The Role of Infrastructure Development on National Economic Growth

Project / Seminar Material
Reference ID: PS-7889-TM

DEDICATION

This research material titled “The Role of Infrastructure Development on National Economic Growth” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Economics, Book Authors and Profound Scholars of existing or related project material on “The Role of Infrastructure Development on National Economic Growth” for their invaluable guidance, support, and expertise throughout the journey.

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ABSTRACT

The study examines the role of infrastructure development in national economic growth. A model was specified for the purpose and secondary quarterly data was collected for the period 2000-2010. The objective of this research was primarily to investigate the level of telecom infrastructure development on the Nigeria economy. Statistical technique of ordinary least square (OLS) was employed for the estimation. Our result shows that developments in telecommunications sector provided by teledensity have positive and significant impact on economic growth in Nigeria. We recommend that increased infrastructure development in the telecommunications sector, and greater deregulation for competition among operations will bring about sustained economic growth.


The Role of Infrastructure Development on National Economic Growth

CHAPTER ONE


1.0. Introduction

1.1 Background Of Study

It takes little analysis to see that infrastructure plays a major role in the economy of a country, whether developing or developed. The need for good infrastructure management is of great importance to the economics of countries all over the world and the various sectors of the economy need to be understood. The world is fast becoming a global village and a necessary tool for this process is communication of which telecommunication is a key elements. Development in the telecommunication industry all over the world is very rapid as one innovation replaces another in a matter of weeks.

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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