CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Manufacturing activities have significant impacts on the economy of nations as their contributions, which account for substantial proportion of total economic activities of nations, play crucial roles in the development process of any economy. In 2008, Nigeria manufacturing accounted for 4.13% of the Gross Domestic Product (GDP). The … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The study of dynamic relation between savings and macroeconomic shocks has received considerable attention in recent years especially in emerging economies like India. However, it is a well recognized fact that the dynamic response of savings to macroeconomic shocks can be very significant in developing countries … Read more
Abstract The determination of household expenditure and estimates are fundamental in identifying consumption patterns of the poor. It has been proven that the identification of the poor, accounts for the poverty incidence in a society. Poverty and household expenditure patterns are like the two sides of a coin, where poverty is a state of lacks … Read more
ABSTRACT Every time the economy recesses the role of government intervention as proposed by Keynes again reiterates. However the nature and magnitude of these policies are important to note. It is on this premise that this study examines the impact of oil revenue fluctuations and fiscal policy response on economic growth in Nigeria. The study … Read more
TABLE OF CONTENTS Title Page – – – – – – – – – – 2 Certification – – – – – – – – – – 3 Approval Page – – – – – – – – – 4 Dedication – – – – – – – – – – 5 Acknowledgement – – … Read more
ABSTRACT It is an undeniable fact that trade has been facilitating growth and development of countries across the world. This underscores the recent upsurge in establishing multilateral trade relationship between Nigeria and other countries especially, the G8 member countries. While these realities are still contestable in terms of the potential benefits of the trade linkage … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study: The role of institutional quality in sustainable development has received tremendous attention in recent time and it has been a central issue in development policies of many nations to orchestrate an insurmountable institution because of its critical position in the development of financial system and stock … Read more
ABSTRACT The broad objective of the work is to critically analyse the impact of the current large inflow of remittances into the country on labour supply by the recipients. The Nigerian General Household Survey data of 2013 conducted and published by the National Bureau of Statistics (NBS) was analysed with the aid of descriptive Statistics … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Economic progress and development have been closely identified with Industrialization since Industrial Revolution from late eighteen century. This thinking has continued to influence policy makers especially so in developing countries (Jomo, 1993). In an attempt to enhance industrial performance and economic growth the Nigerian government has, since … Read more
Abstract This study examines the long and short run relationship between public expenditure and economic growth in Nigeria over the period of 1986-2014, using Johansen cointegration and error correction approach. Two components of Government expenditure and gross capital formation ratio are derived from Cobb Douglas production function. The result shows recurrent expenditure is the major … Read more