Download Tag: ECONOMIC GROWTH

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 ...

ABSTRACT The study examined the impact of money supply on economic growth in Nigeria. In the model specified, real gross domestic product (real GDP) is the regress while broad money supply, real exchange rate, and real interest rate are the regressors. Data was collected from CBN statistical Bulletin for the period 1981 – 2010. The statistical techniques used for the analysis is the ordinary least square techniques with the aid ...

ABSTRACT This study looks at the impact of tariff on the economic growth of Nigeria. It examines the extent to which tariff has brought about economic growth in Nigeria between the period of 1980-2010. Tariff which is a form of tax or trade restriction levied on imported goods, in order to encourage the infant industries from international competitions, this can boost economic growth. The ordinary least square method of regression ...

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 ...

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 ...

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 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 and ...

CHAPTER ONE INTRODUCTION Every economy seeks to appropriate industrial base to move the economy from a traditional and low level of production to a more automated and efficient system of mass processing and the manufacturing of goods and services. For this level of development to be attained, there must be a sound financial system which would serve as the back bone of such an economy. If this is pursued, acquiring ...

ABSTRACT The study seeks to present an empirical analysis of the impact of inflation on economic growth in Nigeria, using annual time-series dataset for the period 1979-2008. It has been argued that inflation is an unavoidable phenomenon in the face of economic growth. That is why, over the years there had been a long standing conventional wisdom that inflation impedes economic growth. The stationarity and co-integration techniques were adopted to ...

ABSTRACT Generally, monetary policies seek to achieve relative macroeconomic stability. Based on countries’ experience especially that of Nigeria on the role of monetary policy in controlling economic stability, this study examines the efficacy of monetary policy in controlling inflation rate and output fluctuation and taking into cognizance the evaluation and framework of monetary policy in Nigeria.  Using annual data spanning over 1985-2008 and applying the Ordinary Least Square (OLS) technique on ...

ABSTRACT The development of agriculture since 1960 and its contribution to the growth of the economy has been discussed in the course of this study. It is however obvious from the analysis that though agriculture has contributed positively to economic growth, there are fundamental problems attributable largely to the characteristics of Nigerian agriculture. It is also evident that unfavourable environments as well as poor implementation of economic policies were detrimental ...

ABSTRACT The essence of this study is to empirically explore the impact of inflation and economic growth in the context of the Nigerian economy. The study contends that while high rates of inflation is detrimental to economic growth, moderate and stable inflation rates supplements return to savers, enhances investment and therefore economic growth of a country. Using annual data set on real GDP and inflation rates for the period of ...

ABSTRACT This study examined the impact of monetary policy on economic growth in Nigeria from 1979-2008. The study adopted error correction model specification. Data was collected from CBN statistic bulletine, the statistical techniques with the aid of P.C. give software package. The finding from the study support the view that monetary variables used has no significant impact on economic growth in Nigeria The study recommend autonomy of the monetary authority ...

ABSTRACT This study is designed to investigate on the impact of unemployment on the Economic growth in Nigeria for the period of 26 years (1981-2008). This is done in other to find out its influence on the persisted occurrence of unemployment among the Nigeria youths and stagnates the growth of the economy. It focuses on those objectives. 1)  To determine the relationship between unemployment and economic growth in Nigeria. 2)  To ascertain the magnitude of ...

ABSTRACT    This study examines the impact of oil price changes on the economics growth of Nigeria; this explains that the changes have a negative impact on the GDP (Gross Domestic Product). This change is also known as price volatility. An economic analysis was employed using the method of ordinary least square and from the result of the analysis, it was clear that oil price change has effect/impact on the Gross Domestic Product ...

ABSTRACT The project set out to examine the impact of international trade on Economic Growth of Nigeria from (1980 – 2009), the variables used for this study are GDP, Volume of Import, Volume of Export, Net Export and Trade Openness.  The methodology used is Ordinary Least Squares (OLS) and E-new software package.The main objective of this study is to examine the relationship between international trade and economic growth, and to examine the ...

ABSTRACT Capital formation is one of the major determinants of economic growth. Literature is replete with the extent to which capital formation can engineer the growth of nations. There is a conventional perception that the most pertinent obstacle to economic growth is shortage of capital. This work analyses capital formation and its impact on the Nigerian economy. The work studies the extent to which capital formation effects economic growth in ...

ABSTRACT This research critical examine the impact of Naira devaluation on economic growth in Nigeria.  That without exchange rate, the exchange of goods and services among trading partners will be focused with a lot of problems which may virtually narrow it down to trade by barter. Thus exchange rate is also used to determine the level of output growth of the country. Nigeria is one such economy where demand for locally produced goods ...

ABSTRACT One of the most important changes that have taken place in economic policies in Nigeria in the last few years was the shift to analysis of the impact of foreign private investment. It was recently, the main stream of policy making directed attention on the foreign private investors as a provider of capital, technology and other expansionary measures from the rich metropolis to Nigeria. Currently, the management of foreign ...

ABSTRACT This research work is on the “Impact of Industrial output on Industrial growth of Nigeria” between the period of thirty years covered from 1980-2009.  Impact of industrial output on economic growth of Nigeria is a continuous discussion to every economy especially developing economies which will give rise to economic growth and development of a nation. Secondary data was used on E-view 6.0 version package to regress the variables GDP = ...

ABSTRACT This research work examines econometrically the impact of manufacturing sector on economic growth in Nigeria. It assesses the effect of manufacturing output (mangdp), investment (inv), government expenditure (govexp) and money supply on 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 and the result shows a positive and ...