ABSTRACT
This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using time-series data over the period 1970-2007, we show that output growth of the Nigeria economy is a function of two sets of shocks; (i) external shocks (openness and real exchange rate) and (ii) internal shocks (real interest rate and unemployment rate).Β
A non-monotonic and an ANCOVA econometric models are postulated in Β order to capture the structural pattern of the relationship between openness and output growth as well as the policy effect of structural Adjustment program (SAP). The result shows that there is an inverted U-shape (no-monotonic) relationship between openness and output growth in Nigeria and the optimum degree of openness for the economy is estimated to be about 67%. Also, the liberalization policy of the SAP has positive economic effect on the output growth. The ECM reveals that 79% of the equilibrium error is being corrected in the next period. We concluded that unbridled openness may have deleterious effect on the real growth of output of the Nigerian economy.
TRADE OPENNESS AND OUTPUT GROWTH IN NIGERIA AN ECONOMETRIC ANALYSIS 1970 2007
Chapters 1β5 Β |Β β¦5,000
Get Complete Project Material NowThis Project is for You If:
- You are writing your final year project for the first time and don't want to make costly mistakes
- This is your exact topic, or very close to what your supervisor gave you
- Your supervisor has rejected one or more chapters and you don't know what to fix
- You are stuck on Chapter 3 or data analysis and nothing is making sense
- Your deadline is close and you are still far behind
- You can't find enough materials anywhere for your topic
Here's everything you get with the complete project package:
See Our Conversations With Students on WhatsApp
Students sharing their experience after using our service





What Other Students Are Saying
Can't find what you're looking for?
Search thousands of project topics across every department.
Related Project Materials
INVESTIGATING FORENSIC AUDIT AS A PANACEA FOR PREVENTING CORPORATE FRAUD IN CAMEROON'S PUBLIC SECTOR
CHAPTER ONE INTRODUCTION 1.1 Background of the study The proliferation of financial crimes in these developing economies is concerning and catastrophic, as numerous commercial orgaβ¦
π Project Materialπ 54 pagesπ 10,541 viewsINTERNAL AUDIT: EXAMINING ITS ROLE IN ENSURING ETHICAL CONDUCT IN CHENWI-ASSOCIATES, CAMEROON
INTERNAL AUDIT: EXAMINING ITS ROLE IN ENSURING ETHICAL CONDUCT IN CHENWI ASSOCIATES, CAMEROON CHAPTER ONE INTRODUCTION Background of the Study Auditing plays a crucial role in guarβ¦
π Project Materialπ 54 pagesπ 9,600 viewsEXTERNAL AUDIT AND QUALITY OF ACCOUNTING AND FINANCIAL INFORMATION IN THE CAMEROONIAN PUBLIC SECTOR
CHAPTER ONE INTRODUCTION 1.1 Background of the study The main purpose of external audit as a governance mechanism is to enhance the accuracy and trustworthiness of the financial inβ¦
π Project Materialπ 54 pagesπ 9,972 viewsEXAMINING THE ROLE OF FORENSIC AUDIT IN DETECTING FINANCIAL FRAUDS IN THE CAMEROONIAN PUBLIC SECTOR: A CASE STUDY OF THE MINISTRY OF TRANSPORT
CHAPTER ONE INTRODUCTION 1.1 Background of the study Forensic auditing and forensic accounting are often used interchangeably. It has been officially declared by experienced authorβ¦
π Project Materialπ 54 pagesπ 9,893 viewsEXAMINING THE IMPACT OF THE AUDIT REPORT ON INVESTMENT IN FINANCIAL INSTITUTIONS IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study According to the Companies Act, all registered companies must present audited accounts to their shareholders during the Annualβ¦
π Project Materialπ 54 pagesπ 9,710 views
See More Accounting Final Year Research Project Topics & Materials Β»
