Designing Appropriate Intermediate Technology for Sustainable Development: Nigerian Perspective
Year: 2026
Type: article
Abstract: The nonexistence of efficient intermediate technologies that are more advanced than the traditional tools is posing a greater obstacle to development in Nigeria. Therefore, the effect of intermediate technology on sustainable development in Nigeria is explored, using Autoregressive Distributed Lag (ARDL) technique of analysis on data collected between 1981 and 2023 from World Bank and Central Bank of Nigeria. The study findings reveal long- and shortrun relationships between the variables of the study, while the Error Correction Model (ECM) result indicates that the concomitant quick change of the variables to long-run stability after temporary instability is corrected by about 195.3% every year. Consequently, it is essential to design a suitable intermediate device as an alternative and practical solution to unemployment and poverty problems in Nigeria. The paper recommended that given the low level of capacity utilization experienced in Nigeria, designing appropriate intermediate technology that can add value to manufacturing and creates more employment is paramount.
Author: Raymond Rahaj ADEGBOYEGA
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7128766737