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International Migration and Economic Development in Nigeria: A Preliminary Assessment

DOI: 10.3923/jeth.2011.6.10

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Abstract:

This is a time-series study that empirically investigates the impact of international migration on economic development in Nigeria for the period of 1970-2000. The study uses both the White-hetero- scedasticity consistent estimation and a Johansen cointegration test to confirm whether international migration has any long-run impact on economic development in the country. The study finds no empirical evidence for any longrun stable relationship between the two variables for the period under review. The study concludes that minimum threshold of migration control measures, improved institutional quality and infrastructural development are necessary in order to reap the benefit of international migration in the country.

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