THE IMPACT OF INDUSTRIAL OUTPUT ON THE ECONOMY OF NIGERIA

  • Type: Project
  • Department: Economics
  • Project ID: ECO1230
  • Access Fee: ₦5,000 ($14)
  • Pages: 54 Pages
  • Format: Microsoft Word
  • Views: 419
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

This research work is on the “Impact of Industrial Output on the Economy of Nigeria” between the period of thirty years (30) covered from 1980-2010. Impact of industrial output on the economy of Nigeria is a continuous discussion to every economy especially developing economics which will give rise to economic growth and development of a nation. Secondary data was used on PC Give 8.00 version package to regress the model with GDP as the dependent variable, and industrial output, savings, net foreign capital flow, and inflation as independent variables. The model explain that the influence of industrial output on economic growth is not statistically significant, though the sign obtained from its à priori expectation is positively related to GDP but does not hold strong enough. Savings has a positive relationship and also significant impact on the economy. Inflation has a negative relationship while net foreign capital flow is positively significant on the impact of economic growth. R-squared shows a 76% increase on the GDP. Based on the findings, it is therefore recommended that some policies is to be made in ways to improve the establishment of industries especially the manufacturing industries to encourage industrialisation of the Nigerian economy so as to contribute to the strengthening of economic growth in the nation’s economy. Tax incentives through subsidies and government expenditure relate to increase in output and positive impact on economic growth. Increase in savings will make money available for the economy through high interest rate and income adjustments from the monetary policy.

TABLE OF CONTENT
Title page - - - - - - - - - -i
Approval page - - - - - - - - - -ii
Dedication - - - - - - - - - -iii
Acknowledgement - - - - - - - - -iv
Abstract - - - - - - - - - - -vi
Table of content - - - - - - - - -vii

CHAPTER ONE: INTRODUCTION
1.1 Background of study - - - - - - - -1
1.2 Statement of research problem - - - - - - -3
1.3 Objective of the study - - - - - - - -4
1.4 Statement of research hypothesis - - - - - -4
1.5 Significance of the study - - - - - - -5
1.6 Scope and limitation of the study - - - - - - 5
1.7 Methodology and sources of data - - - - - -5
1.8 Limitation of the study- - - - - - - - -6

CHAPTER TWO: LITERATURE REVIEW
2.1 Theoretical literature - - - - - - - -7
2.1.1 Sources of industrial growth and industrial Policies in Nigeria -- - - - - - - - - -10
2.1.2 Characteristics of Nigeria industries - - - - -12
2.1.3 Manufacturing in Nigeria- - - - - - -13
2.1.4 The era of manufacturing in Nigeria - - - - -14
2.1.5 Structure and performance of Nigerian Manufacturing Sector - - - - - - - - - -16
2.1.6 The roles of manufacturing industries in then Development
Of the Nigerian economy - - - - - - -21
2.1.7 Problems of industrial development in Nigeria - - - -25
2.2. Empirical review - - - - - - - - -28

CHAPTER THREE: RESEARCH METHODOLOGY
3.0 Methodology - - - - - - - - -33
3.1 Model specification - - - - - - - -33
3.2 Model Estimation /procedure - - - - - - -35
3.3 Sources of Data- - - - - - - - -37

CHAPTER FOUR: PRESENTATION AND ANALYSIS OF
REGRESSION RESULT.
4.1 Presentation of result and analysis- - - - - -38
4.1.2 Interpretation of result - - - - - - - -39
4.2 Evaluation of result - - - - - - - -40
4.2.1 Evaluation based on economic a priori expectation- - -40
4.2.2 Evaluation based on statistical criteria - - - - -41
4.2.2.1 Statistical test of significant of parameter estimated (T-statistics) - - - - - - - - -42
4.2.2.2 Adequacy of regression equation (F-Test) - - - -43
4.2.2.3 Goodness of fit test (R2) - - - - - - -44
4.2.3 Evaluation based on economic criteria - - - - -45
4.2.3.1 Test for auto-correlation - - - - - - -45
4.2.3.2 Test for Heteroscedasticity - - - - - - -46
4.2.3.3 Test for normality - - - - - - - -48
4.2.3.4 Test for multicollinearity - - - - - - -48
4.3 Evaluation research hypothesis - - - - - -50

CHAPTER FIVE: SUMMARY OF FINDINGS, POLICIES
RECOMMENDATION AND CONCLUSION.
5.1 Summary of findings - - - - - - - -51
5.2 Policy recommendation - - - - - - - -52
5.3 Conclusion - - - - - - - - - -53
Bibliography - - - - - - - - -54
Journal - - -
THE IMPACT OF INDUSTRIAL OUTPUT ON THE ECONOMY OF NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Economics
  • Project ID: ECO1230
  • Access Fee: ₦5,000 ($14)
  • Pages: 54 Pages
  • Format: Microsoft Word
  • Views: 419
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Economics
    Project ID ECO1230
    Fee ₦5,000 ($14)
    No of Pages 54 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT This research work is on the “Impact of Industrial Output on the Economy of Nigeria” between the period of thirty years (30) covered from 1980-2010. Impact of industrial output on the economy of Nigeria is a continuous discussion to every economy especially developing economy which will give rise to economic growth and development of... Continue Reading
    Impact of Commercial bank credit on Industrial Sector Output in Nigeria The Impact of Commercial bank credit on Industrial Sector Output in Nigeria cannot be overemphasized . Industrial sector plays a crucial role in the development of modern economy the world over. Industrial sector as a sub-sector of the industrial sector refers to the... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 Background of the study Agriculture is the foundation and bedrock upon which the development of stable human community has depended on throughout the whole universe such as rural and urban communities. It is concerned with the husbandry of crops and animals... Continue Reading
    ABSTRACT This paper analyses oil prics stability and industrial sector output in Nigeria. Results show that the impact of oil price on industrial sector output is asymmetric in nature; with the impact of oil price decrease significantly greater than oil price increase. Also, from the... Continue Reading
    ABSTRACT This paper analyses oil prics stability and industrial sector output in Nigeria. Results show that the impact of oil price on industrial sector output is asymmetric in nature; with the impact of oil price decrease significantly greater than oil price increase. Also, from the... Continue Reading
    CHAPTER ONE 1.1       General introduction One of the important objectives of macroeconomic policy in has been the rapid economic growth of an economy. Economic growth is defined as “the process whereby the real per capita income of a country over a long period of time.” Economic... Continue Reading
    ABSTRACT This research work is an empirical effort attempting to examine the impact of healthcare delivery on agricultural sector output using the ordinary least squares (OLS) with annual secondary data from 1980 to 2016 sourced from Central Bank of Nigeria Statistical Bulletin and Index Mundi Database. The co integration and regression analysis... Continue Reading
    ABSTRACT This research work is an empirical effort attempted to re-evaluate the impact of monetary policy on agricultural output with annual secondary data from 1980 to 2015 sourced from Central Bank of Nigeria Statistical Bulletin. The ordinary least square techniques was employed for its estimation. The result shows that the independent... Continue Reading
    ABSTRACT The study examines the impact of agricultural output on per capita income in Nigeria, Using data covering the period 1980 to 2010, econometric tools were brought to bear in estimating the purported relationships. Following previous methodology, per capita income... Continue Reading
    ABSTRACT  The impact of public expenditure on agriculture in Nigeria is enormous. Government having recognized agriculture as the second highest sector after oil of which the country depends for food, employment and foreign exchange. This project work would summarize the magnitude and composition of governments’ expenditure on agricultural... Continue Reading
    Call Us
    whatsappWhatsApp Us