Home » Economics » THE IMPACT OF INDUSTRIAL OUTPUT ON THE ECONOMY OF NIGERIA (1987-2017)

THE IMPACT OF INDUSTRIAL OUTPUT ON THE ECONOMY OF NIGERIA (1987-2017)

Sold By: Joe Project Store | Item Type: Project Material | Report this?  |  Attributes: 50 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 4,763 times

INSTANT PROJECT MATERIAL DOWNLOAD

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 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 explained 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 a 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.


Tags: The economy of Nigeria Impact of industrial output Social science project research Industrial output in Nigeria The industrial output on the economy of Nigeria

This material content is developed to serve as a GUIDE for students to conduct academic research
Find What You Want By Category:
Assignments
Business Plans
e-Books
Journals
Project Materials
Proposals
Seminar Reports
Term Papers

DOWNLOAD THIS PROJECT MATERIAL NOW!

Advertise Here

For advertisement, call 08168958821

Not what you were looking for? Perform a search

What's your project topic?

Comment on Facebook:

See More Economics Final Year Research Project Topics & Materials In PDF & Doc | iproject

More Project Material Departments