ABSTRACT
This research work centers on the power supply and the performance of small and medium scale industries in Nigeria from 1999 – 2013. carrying out this study, secondary data were collected and empirical analysis was made to achieve these objectives, multiple regression were used in anglicizing the data. In investigating this problem, the researcher introduces 2 hypotheses that power supply changes has no significant in Nigerian econometric mode were used for evaluation and testing of the hypothesis. The researcher made use of the ordering least square (OLS). The out come of the model shows and confirms that power supply changes has a negative impact on Nigerians. And that a unit change in power supply has a positive impact on both the gross domestic product and balance of payment in Nigeria. Based on the findings, certain recommendations were made which include government increasing its efforts in tackling the issue of corruption and fraud.
TABLE OF CONTENT
Title page i Approval page ii Dedication iii Acknowledgment iv Table of contents vi Abstract ix
1.1 Background of the study 1
1.2 State of research problem 3
1.3 Objective of the study 5
1.4 Hypothesis 6
1.5 Justification of study 7
1.6 Scope of study 8
1.7 Plan of the project 9
2.1 Introduction 11
2.2 Theoretical issues 14
2.3 Empirical studies 17
2.4 Theoretical framework 21
3.1 Method of data analysis 34
3.2 Model of specification 35
3.3 Techniques of model 36
3.4 Evaluation of model 36
3.4.1 Evaluation based on statistical criteria 36
3.4.2 Evaluation based on econometric criteria 37
3.5 Sources of data and collection 38
4.1 Presentation of result 39
4.1.1 Interpretation of result 39
4.2 Evaluation based on economic apriori criteria 40
4.3 Evaluations based on statistical criteria 40
4.3.1 T-Test 40
4.3.2 F-statistics 41
4.4 Evaluation based on econometric criteria 43
4.4.1 Normality test 43
4.4.2 Test for heteroscedasicity 44
4.4.3 Test for multicollinearity 45
5.1 Summary 48
5.2 Conclusion 49
5.3 Recommendations 50
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