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Effect of Substance Abuse on Nigeria’s Economic Performance
ISSN: 2706 - 9346
Publisher: author
Effect of Substance Abuse on Nigeria’s Economic Performance
Indexed in
Social Sciences
ARTICLE-FACTOR
1.3
Article Basics Score: 3
Article Transparency Score: 3
Article Operation Score: 3
Article Articles Score: 3
Article Accessibility Score: 3
SUBMIT PAPER ASK QUESTION
International Category Code (ICC):
ICC-0202
Publisher: International Journal Of Social Sciences And Economic Revi..
International Journal Address (IAA):
IAA.ZONE/2706111759346
eISSN
:
2706 - 9346
VALID
ISSN Validator
Abstract
Purpose of the study: This study investigated the effect of substance abuse on the real growth rate in Nigeria between 1993 and 2017. The study specifically examined the period-based impact of substance abuse prevalence and rehabilitated individual drug addicts on the actual growth rate of the Nigerian economy. Methodology: Autoregressive distributed lag and co-integration/bound test techniques were employed to analyze the data obtained. In between, correlation analysis and preliminary tests were carried out. Main findings: The study found out that substance abuse and rehabilitated drug individuals have a significant impact on economic performance. While substance abuse has a significant negative impact, rehabilitated, individual drug addicts have a significant positive impact. However, in the long run, there was no indication of a significant impact on the Nigerian economy. Research limitations/implications: This study will be of use...
