Download Tag: ECONOMIC GROWTH


THE IMPACT OF INDUSTRIALIZATION ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Most developing nations define industrialization as a central objective of their economic policy they see; industrialization goes with agricultural progress as an integral part of growth and structural change. Some economist and analysts are of the view that industrialization plays a major role in the economic growth and development of any nation. Thus in this research work, effort is made to assess ...

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AN ASSESSMENT OF THE IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH OF NIGERIA (1980–2011)

ABSTRACT The study investigates the impact of government expenditure on economic growth of Nigeria from the period 1980-2011. The objective was set to address the problem of utilization of revenue targeted to improving the economic condition of Nigeria. The review of theoretical and empirical literature provided a basis for the selection and specification of model which was used to show if government capital and recurrent expenditure has positive or negative ...

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ANALYSIS OF THE IMPACT OF TARIFFS ON ECONOMIC GROWTH IN NIGERIA (1980-2010)

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE  STUDY Protection  in  form  of tariff  and  free  trade  have  long  been  argued  in  economic  theory  and  economic  history. However , it  is  possible  to  say  that  the  precise  relationship  between trade  barriers  in  form  of  tariff  or  free  trade  in  the  long  run  economic  growth  remains  a  difficult  theoretical  issue  that  is  being  explored  in a variety  of  ways. Simithian  and  ...

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THE IMPACT OF DEBT BURDEN ON ECONOMIC GROWTH OF NIGERIA

INTRODUCTION CHAPTER ONE 1.1     OVERVIEW OF THE STUDY The Nigeria economy as we all know is characterized by a number of socio-economic problems. These problems include import dependence, dependence on a single economic sector, weak industrial base, a low level of agriculture production, a weak private sector, dependence on foreign loan, regional inequalities and rural- urban migration, slow growth rate, the inefficiency of public inequalities, low qualities of social ...

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GOVERNMENT TAXES AND ECONOMIC GROWTH

ABSTRACT This study investigated the Impact of state Government Taxation on the Nigerian Economy with a view to determine its implication on economic behaviour and Gross Domestic Product (GDP). To achieve this purpose, research questions were raised, hypotheses were formulated and a review of extant literature was made. The population of the study consisted of two hundred and twenty-three (223) staffs of the Delta State Board of Internal Revenue. A ...

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AN ASSESSMENT OF THE IMPACT OF MANUFACTURING SECTOR ON ECONOMIC GROWTH IN NIGERIA (1981-2010)

ABSTRACT This research work examines econometrically the impact of manufacturing sector on economic growth in Nigeria, from 1981 to 2010. It assesses the effect of manufacturing output (mangdp), investment (inv), government expenditure (govexp) and money supply (m2) on the log of real gross domestic product (lrgdp). Appropriate multiple regression model is specified with parameters, which are estimated using the ordinary least square (OLS) technique. Test of hypothesis is carried out ...

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AN EMPIRICAL ANALYSIS OF THE IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH OF NIGERIA (1980-2011)

ABSTRACT The study investigates the impact of government expenditure on the economic growth of Nigeria from the period 1980-2011. The objective was set to address the problem of utilization of revenue targeted to improving the economic condition of Nigeria. The review of theoretical and empirical literature provided a basis for the selection and specification of the model which was used to show if government capital and recurrent expenditure has a ...

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THE RELATIVE IMPACT OF OIL AND NON-OIL EXPORTS ON ECONOMIC GROWTH IN NIGERIA (1983-2011)

ABSTRACT The study consists of two independent models, gross domestic product (GDP) and investment respectively. The independent variables in the export of oil, non-oil exports, real exchange rate, and inflation rate were modeled to capture their effect on GDP and investment, respectively. The study employed a Log-linear model. Following the empirical results of this study, we observed that non-oil exports did not contribute much to economic growth in Nigeria, but ...

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IMPACT OF PENSION FUND MANAGEMENT ON ECONOMIC GROWTH OF NIGERIA

ABSTRACT This study examined the impact of pension fund management on the economic growth of Nigeria. To achieve this research objective, relevant data were sourced from National Pension Fund (PENCOM) and National Bureau of Statistics (NBS) for the period spanning from 2009-2013. The study adopted Multivariate Linear Regression Analysis. Ex-Post-Factor research design was used for this study. The explained variable is Gross Domestic Product (GDP) proxy for economic growth, Pension ...

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THE ROLE OF PERSONAL INCOME TAX ON THE ECONOMIC GROWTH IN NIGERIA

ABSTRACT This study examines the role of personal income tax on the economic growth of Nigeria. the objective of the study was to determine how tax income affects economic growth in Nigeria. To achieve this objective, relevant secondary data from the period of 2000-2012 on personal income tax were collected from the Central Bank of Nigeria (CBN) statistical bulletin. The data collected for the study  were analyzed using the ordinary ...

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THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH IN NIGERIA (1975-2015)

ABSTRACT A nation cannot experience economic growth without human capital. And for human capital to actually have any impact on economic growth some investments have to be made. Investment in human capital consists of; investment in education, training, health and other social services that will help in enhancing the productive capacity of labour. This project examines the impact of human of capital on economic growth in Nigeria from 1975-2015. The ...

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IMPACT OF FOREIGN DIRECT INVESTMENT ON THE ECONOMIC GROWTH IN NIGERIA (1980-2015)

CHAPTER ONE INTRODUCTION 1.1       Background of the Study Various classifications have been made on Foreign Direct Investment (FDI). For instance, FDI has been described as investment made so as to acquire a lasting management interest (for example, 10 percent of voting stock) and at least 10 percent of equity shares in an enterprise operating in another country other than that of the investor’s country (Mwillima, 2003). Policy makers believe that ...

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THE IMPACT OF UNEMPLOYMENT ON ECONOMIC GROWTH IN NIGERIA (1970-2014)

ABSTRACT The term unemployment can be defined as an economics condition marked by the fact that individual actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economics conditions and other circumstances. This is mostly seen in graduate of various institutions of learning especially in under developed nations like Nigeria. The study was designed to investigate the ...

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THE IMPACT OF CASHLESS POLICY ON THE ECONOMIC GROWTH OF NIGERIA

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The introduction of electronic banking, online transactions and mobile banking in Nigeria has paved way for a new era of development where the use and demand for physical cash is gradually declining. These recent evolution of technology in the Nigerian financial institutions posses interesting questions for economist, financial institutions, business analyst and the government regarding the current economical status, logistics, and availability ...

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ANALYSIS OF HUMAN CAPITAL DEVELOPMENT, EDUCATION AND ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1      Background of the study Human capital development is human centered because its major concern is on human empowerment which would lead to active participation. According to OECD (2001), human capital is concerned with knowledge, skills competitiveness and attributes embedded in an individual that facilitates the creation of personal, social, education and economic wellbeing. In order to achieve positive economic growth in Nigeria, human capital development should be ...

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AN ASSESSMENT OF THE IMPACT OF MANUFACTURING SECTOR ON ECONOMIC GROWTH IN NIGERIA (1981-2010)

CHAPTER ONE 1.0 BACKGROUND OF STUDY Prolonged economic recession caused by the collapse of world oil market from the early 1980s and the concomitant fall in foreign exchange earnings have affected the growth and economic development in Nigeria. Other problems of the economy include excessive dependence on imports for consumer and capital goods, dysfunctional social and economic infrastructure, unprecedented drop in capacity utilization rates in the industry and neglect of ...

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SME FINANCING AND ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE     INTRODUCTION   Background to the study A realization in today’s economy world is that government cannot single-handedly ensure the development of a country. Development is seen as a direct function of the various function in the economy particularly private sector, international community and other micro and macro constituents. Noticeable in today’s economy are the activities of small and medium scale enterprises which are described as the fourth realm ...

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THE IMPACT OF DEBT BURDEN ON ECONOMIC GROWTH ON NIGERIA

CHAPTER ONE INTRODUCTION 1.1     OVERVIEW OF THE STUDY The Nigeria economy as we all know is characterized by a number of socio- economic problems. These problems include: import dependence, dependence on a single economic sector, weak industrial base, a low level of agriculture production, a weak private sector, dependence on foreign loan, regional inequalities and rural- urban migration, slow growth rate, inefficiency of public inequalities, low qualities of social ...

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AN ANALYSIS OF EXTERNAL DEBT AND ECONOMIC GROWTH IN NIGERIA 1992-2004

CHAPTER ONE INTRODUCTION BACKGROUND OF STUDY Every country in the world aim at achieving economic growth and development. However, this is only possible if a country has adequate resources. In developing countries, especially those in sub Sahara Africa, the resources to finance the optimal level of economic growth and development are in short supply. This is as a result of the economies ploughed with problems of low domestic savings, low ...

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THE ROLES OF REVENUE MOBILIZATION IN ECONOMIC GROWTH AND DEVELOPMENT

1.2    STATEMENT OF PROBLEMS The problems are as follows: Social disinterest: In contribution of the up-keeping of the government. It is said to find top functionaries of government and well placed people in the society circumvent, payment of taxes, fees, licenses etc. Economic development: This state of economic development of the society also affects revenue collection provision of enhanced infrastructures enhance ability to pay as this, gets as impetus. Within ...

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