Download Tag: ECONOMIC GROWTH

ABSTRACT This study investigated the impact of inflation on investment and economic growth in Nigeria. Since Nigerian financial sector liberalization is anchored on interest rate and exchange rate deregulation and the inflation targeting monetary policy, therefore exchange rate was incorporated in the study. The OLX technique was used in this study to estimate the two models specified in the study. Other tests such as unit root test and cointegration test ...

ABSTRACT The Project work studies capital market as a tool for economic growth in Nigeria and other countries. The method of data collection is the use secondary data from CBN statistical bulletin using the Multiple regression Analysis. The Major Findings of the research work is to find out the Impact of the Capital Market on the Nigerian economy. The results shows that Capital Market has Contributed Positively towards Economic Growth ...

ABSTRACT The study examines the impact of Human Capital Development (HCD) Nigeria on Economic Growth in Its analysis is predicted on multivariate co integration where real GDP growth rate is the dependent variable while recurrent expenditure on education, real gross capital formation, primary enrolment; post primary education enrolment and tertiary education are independent variable. It finds that capital formation; post primary education enrolment; tertiary education enrolment and recurrent expenditure on ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The capital market is a highly specialized and organized financial market and indeed essential agent of economic growth because of its ability to facilitate and mobilize saving and investment. To a great extent, the positive relationship between capital accumulation real economic growths has long affirmed in economic theories (Anyanwu, 2003). Success in capital accumulation and mobilization for development varies among nations, but it ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY Nigeria is located in the Western part of Africa lying in the tropics between latitudes 40 and 140 North of the equator and longitudes 30 and 140 East of the Greenwich meridian. The country has a total land area of 9, 323,768 square kilometres with a multi-ethnic population of approximately 120 million people. The country is bounded in the West by Republic of Benin, in the ...

ABSTRACT This study examines the disaggregated effect of government expenditure on economic growth in Nigeria. In the introductory section, the reason why government expenditure has been on the increase over the years in Nigeria was analyzed. We started by stating the objectives of the study which include; role of government expenditure, trend of government expenditure, component of government expenditure. In the study, we use Ordinary Least Square (OLS) technique, since ...

CHAPTER ONE 1.1     INTRODUCTION Financial deepening is defined as the process of development and expansion of financial institutions such as, banks, stock markets, and insurance companies etc relative to the size of a country's economy. It also refers to the increase in the provision of financial products and services with a wider choice to all level of the society. A robust financial system plays a crucial role in the economic development of a country. It facilitates the ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND INFORMATION Nigerian government has made significant efforts in recent years, not only in the fair distribution of such facilities to different parts of the country but also to increase the quality and improve the quality of such facilities. The development of infrastructural facilities today is the responsibility of the Federal and state government. However, it should be noted, that until recently most of the infrastructure facilities ...

ABSTRACT This study is on the effect of exchange rate and inflation on foreign direct investment and its relationship with economic growth. Its main objective is to find the effect of inflation and exchange rate and the bidirectional influences between FDI and economic growth in Nigeria. A twenty one year period was studied. A linear regression analysis was used on the twenty one year data to determine the relationship between ...

ABSTRACT This research work attempts to examine the impact of sustainable environment and economic growth in Nigeria. The objectives to the study are to examine the impact of environmental resources on sustainable economic development in Nigeria with particular reference to Nigeria National Petroleum Corporation (NNPC) and to find out the extent to which the activities of oil exploitation have affected the Nigeria society, also to examine the various government acts, ...

ABSTRACT This study succinctly examined FDI development and its impact on the Nigeria Economy from 1995 - 2010. This trend show that FDI  although had some drawbacks due to economic instability and other economic factors that militated against its rise until recent democracy and economic reforms, improved and characterized its changes significantly. The ordinary least square (OLS) method of multiple regression was used and econometric applications all used for the interpretations ...

ABSTRACT A nation cannot experience economic growth without human capital development. For human capital to actually have any impact on economic growth some investment has to be made. Investment in human capital consist of ;education, training, health and other social services, that will help in enhancing productive capacity of labour. This project examines the impact of human capital on economic growth in Nigeria from 1980-2006. The study used the ordinary ...

  ABSTRACT This research work tries to investigate the effectiveness of macroeconomic policy in promoting economic growth in Nigeria. Macroeconomic policies, which is defined as government actions designed to affect the performance of the economy as a whole.  Data used in this research (GDP, government expenditure, money supply) was mainly secondary, specifically from the Central Bank of Nigeria (CBN).  These data were analysed using econometric technique.  After the data analysis, it was discovered ...

ABSTRACT Housing problems in Nigeria are multi-dimensional. They occur both in the urban and rural areas. They are qualitative, quantitative, psychological and socio-cultural in nature. These problems are consequences of the inability and ineffectiveness of both the public and private sectors to meet the housing needs of the populace. As a result of this, any lasting solution to the Nigerian housing problem requires a multi- faceted approach. Various policies aimed ...

Abstract The importance of manufacturing sector to the growth of any economy and survival cannot be overemphasized. In an attempt to advance on this, this study attempts to investigate the assessment of the impact of manufacturing sector on economic growth in Nigeria from 1980 – 2015, Ordinary Least Square (OLS) econometric technique was used on time series data of relevant variables of manufacturing Output, investment and capacity utilization; The study ...

ABSTRACT  In recent decades, the main and potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. As some contend that agricultural development is a pre-condition for industrialization, others strongly object it and argue for a different path. This study tries to look at the drivers of Agricultural development and its economic effect in Nigeria from 1970-2015 which will enable us proffer solution ...

ABSTRACT This research work was conducted to ascertain the effect of share price volatility on the economic growth of Nigeria. The research used series of test such as the unit root test that was used to test for stationarity, the co-integration test  was used to check for the long run and short run relationship between the variables, and the error correction model that estimate the speed at which a dependent ...

ABSTRACT The study investigates the impact of small and medium scale industries on the Nigerian economy, spanning from 1986 to 2010. The study adopted Ordinary Least Square (OLS) Linear Specification model. Using unit root test, the work shows that small scale industries significantly contributed to the economic growth in Nigeria despite poor funding by commercial banks. The work recommends among others that government should improve its monetary policies so as ...

ABSTRACT This work evolved out of the need to provide an in-depth understanding of the economics of debt in Nigeria. This study aims at analysing the effectiveness of external debt on economic growth within a span of 1981-2010. The broad objective of this work is specified to evaluate the impact of external debt stock and debt servicing on economic growth. In all the models were to show the growth relationship ...

CHAPTER ONE INTRODUCTION 1.1    Background to the Study Industrialization has been regarded as a veritable channel of achieving lofty and desirable goals of improved technology and improved quality of lives of the citizens of the country. Countries develop their industrial sectors for many reasons: (i) industries have more backward and forward linkages to the other sectors of an economy; (ii) they exhibit increasing returns to scale; and (iii) they have the ...