Vector Auto-Regression (VAR) Analysis of Economic Growth in Nigeria 2020–2024 Using GDP and Per Capita Income

This study applies Vector Auto-Regression (VAR) modeling to analyze the dynamic relationships between economic growth, GDP, and per capita income in Nigeria from 2020 to 2024. The model captures interdependencies among macroeconomic variables and provides empirical insights into economic transmission mechanisms. The findings contribute to policy-relevant economic forecasting and macroeconomic modeling in developing economies.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-09-01
DOI
https://doi.org/10.5281/zenodo.18527446
Primary Topic
Economic and Technological Innovation
Type
article
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article

Vector Auto-Regression (VAR) Analysis of Economic Growth in Nigeria 2020–2024 Using GDP and Per Capita Income

Abdullahi Maina, Ewkhrudjukpor Akpojotor
Zenodo (CERN European Organization for Nuclear Research)
Economic and Technological Innovation
article

Vector Auto-Regression (VAR) Analysis of Economic Growth in Nigeria 2020–2024 Using GDP and Per Capita Income

Abdullahi Maina, Ewkhrudjukpor Akpojotor
article en

Abstract

This study applies Vector Auto-Regression (VAR) modeling to analyze the dynamic relationships between economic growth, GDP, and per capita income in Nigeria from 2020 to 2024. The model captures interdependencies among macroeconomic variables and provides empirical insights into economic transmission mechanisms. The findings contribute to policy-relevant economic forecasting and macroeconomic modeling in developing economies.

Zenodo (CERN European Organization for Nuclear Research)
University of Abuja (NG)
Decent work and economic growth
Openalex Percentile: Top 13%
Economic and Technological Innovation
DOIOpen Access PDFOpenAlex
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