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THE RELATIVE IMPACT OF OIL AND NON-OIL EXPORTS ON ECONOMIC GROWTH IN NIGERIA (1983-2007)

  • Type:Project
  • Pages:74
  • Format:Microsoft Word
(Economics Project Topics & Materials)
ABSTRACT

The study is made up of two independent models, Gross Domestic Product (GDP) and Investment respectively. The independent variables Oil export, Non-oil export, Real exchange rate and Inflation rate were modeled to capture their effect on GDP and Investment respectively.
The study employed Log Linear Model. Following the empirical findings in this study, we observed that, Non-oil export have not contributed a lot to economic growth in Nigeria but other indicators exert enough pressure on the strength of the economy, evidence from the result of the first model. Judging from the result of the second model, Oil export proves a negative non significant variable with investment growth in Nigeria.
The study recommends appropriate economic policies, institutional reforms and massive political will for the country to address the issues of dwindling exportation of Non-oil sector and the trap of Dutch Disease associated with oil-dependency.  

LIST OF TABLE                                                                                                           
Pages 
Unit Root Test for Stationarity
Co-integration Result 
Modeling Log of Differenced GDP by OLS 
Modeling Log of Differenced INV by OLS 
Summary of t-statistic test for model 1
Summary of t-statistic test for model 2

TABLE OF CONTENT
Title page 
Approval page 
Dedication 
Acknowledgement
Abstract 
List of tables 

Table of content 
CHAPTER ONE
1.0 Introduction
1.1 Background of study 
1.2 Statement of problem 
1.3 Objective of the study 
1.4 Statement of hypothesis
1.5 Significance of the study 
1.6 Scope and limitations of the study 

CHAPTER TWO
2.1 Meaning of oil and non-oil exports 
2.2 A brief historical perspective on oil in Nigeria 
2.3 Oil and economic policies in Nigeria 
2.4 The Dutch-Disease 
2.5 The boom and burst periods in oil sector and policy response 
2.6 Macroeconomic policies and structure of Non-oil export in Nigeria
2.7 Oil export, Non-oil export and Economic growth in Nigeria 
      Empirical Literature
                      
CHAPTER THREE
Research methodology
3.1 Model Specification
3.2 Method of Evaluation
                     
CHAPTER FOUR
4.1 Data presentation
4.2 Data Analysis 
                  
CHAPTER FIVE
Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendation
    BIBLIOGRAPHY
    Appendix   

THE RELATIVE IMPACT OF OIL AND NON-OIL EXPORTS ON ECONOMIC GROWTH IN NIGERIA (1983-2007)

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Details

Type Project
Department Economics
Project ID ECO0548
Price ₦3,000 ($9)
No of Pages 74 Pages
Format Microsoft Word

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    Details

    Type Project
    Department Economics
    Project ID ECO0548
    Price ₦3,000 ($9)
    No of Pages 74 Pages
    Format Microsoft Word

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