Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business

Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business

Transportation infrastructure is vital for growth of economies worldwide, and for developing-country catch-up drive. The objective of this study is to examine the current state of road transport infrastructure with emphasis to travel choice and its impacts on the cost of doing business. Data was s...

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Main Author: Purokayo, Gambiyo Suleiman
Format: Thesis
Language:eng
eng
Published: 2015
Subjects:
DT Africa
HE Transportation and Communications
Online Access:https://etd.uum.edu.my/5404/1/s94069.pdf
https://etd.uum.edu.my/5404/2/s94069_abstract.pdf
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Soon, Jan Jan
Abdullah, Hussin
topic DT Africa
HE Transportation and Communications
spellingShingle DT Africa
HE Transportation and Communications
Purokayo, Gambiyo Suleiman
Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business
description Transportation infrastructure is vital for growth of economies worldwide, and for developing-country catch-up drive. The objective of this study is to examine the current state of road transport infrastructure with emphasis to travel choice and its impacts on the cost of doing business. Data was sourced from some locations in the Northeast Nigeria. Two main theories formed the springboard of this study: public finance theory, and infrastructure theories. Multinomial logit and ordinary least square (OLS) are the main tools of analysis. The results of multinomial logit (marginal effects) show that worsening conditions in the terrain affects transport choice, preference of individuals and cost of doing business. This has implications of price of transportation, agricultural productivity, and cost of transactions. OLS results for public investment and maintenance estimated showed low investment expenditure on roads due to fiscal problems.This has generally effected cost of doing business manifested in high transport prices, prices of goods and services. These results are supported by findings of World Bank, Sub-Saharan Africa Transport Policy and others agencies. Nigeria’s infrastructure deficit remains one of the binding constraints to growth in the economy. The overall marginal change in network access showed increased access due to new highways. However these gains have not been sustained due crisis in the locations. Participation of the private sector is road building is still very low to compliment public expenditure. The study recommends higher prioritization for roads in the budget space; this supports the goals of the national transport policy of 2010, that 90 percent of all movement of goods and people is by road transportation
format Thesis
qualification_name Ph.D.
qualification_level Doctorate
author Purokayo, Gambiyo Suleiman
author_facet Purokayo, Gambiyo Suleiman
author_sort Purokayo, Gambiyo Suleiman
title Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business
title_short Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business
title_full Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business
title_fullStr Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business
title_full_unstemmed Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business
title_sort economic implications of transport on the nigerian economy: a study of road transport choice and cost of doing business
granting_institution Universiti Utara Malaysia
granting_department School of Economics, Finance & Banking
publishDate 2015
url https://etd.uum.edu.my/5404/1/s94069.pdf
https://etd.uum.edu.my/5404/2/s94069_abstract.pdf
_version_ 1747827927730356224
spelling my-uum-etd.54042021-03-18T08:45:53Z Economic implications of transport on the Nigerian economy: A study of road transport choice and cost of doing business 2015 Purokayo, Gambiyo Suleiman Soon, Jan Jan Abdullah, Hussin School of Economics, Finance & Banking College of Business DT Africa HE Transportation and Communications Transportation infrastructure is vital for growth of economies worldwide, and for developing-country catch-up drive. The objective of this study is to examine the current state of road transport infrastructure with emphasis to travel choice and its impacts on the cost of doing business. Data was sourced from some locations in the Northeast Nigeria. Two main theories formed the springboard of this study: public finance theory, and infrastructure theories. Multinomial logit and ordinary least square (OLS) are the main tools of analysis. The results of multinomial logit (marginal effects) show that worsening conditions in the terrain affects transport choice, preference of individuals and cost of doing business. This has implications of price of transportation, agricultural productivity, and cost of transactions. OLS results for public investment and maintenance estimated showed low investment expenditure on roads due to fiscal problems.This has generally effected cost of doing business manifested in high transport prices, prices of goods and services. These results are supported by findings of World Bank, Sub-Saharan Africa Transport Policy and others agencies. Nigeria’s infrastructure deficit remains one of the binding constraints to growth in the economy. The overall marginal change in network access showed increased access due to new highways. However these gains have not been sustained due crisis in the locations. Participation of the private sector is road building is still very low to compliment public expenditure. The study recommends higher prioritization for roads in the budget space; this supports the goals of the national transport policy of 2010, that 90 percent of all movement of goods and people is by road transportation 2015 Thesis https://etd.uum.edu.my/5404/ https://etd.uum.edu.my/5404/1/s94069.pdf text eng public https://etd.uum.edu.my/5404/2/s94069_abstract.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia AASHTO. (2009). Transportation and Sustainability Best Practices Background. Center for Environmental Excellence by AASHTO, Center for Environmental Excellence by AASHTO Transportation and Sustainability Peer Exchange May 27-29, 2009, Gallaudet University Kellogg Center, 1-32. Abimbola, S., Okoli, U., Olubajo, O., Abdullahi, M. J., & Pate, M. A. (2012). The Midwives Service Scheme in Nigeria. PLoS medicine, 9(5), e1001211. Abdulraheem, T. O. (2013). 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