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: 3,884 times
INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
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
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
ASSESSING THE NEXUS BETWEEN CAPITAL BUDGETING AND PERFORMANCE OF CORPORATE ENTITIES
ASSESSING THE NEXUS BETWEEN CAPITAL BUDGETING AND PERFORMANCE OF CORPORATE ENTITIES CHAPTER ONE INTRODUCTION 1.1 Background Of The Study An effic...More »
Item Type: Project Material | 54 pages | 0 engagements |
- 2.
AN INVESTIGATION OF EARNINGS MANAGEMENT AND ITS EFFECT ON CORPORATE TAX AVOIDANCE
AN INVESTIGATION OF EARNINGS MANAGEMENT AND ITS EFFECT ON CORPORATE TAX AVOIDANCE CHAPTER ONE INTRODUCTION Background of the study Companies see ...More »
Item Type: Project Material | 57 pages | 866 engagements |
- 3.
THE CAUSES AND CONSEQUENCES OF FLOOD ON THE SOCIO - ECONOMIC LIVELIHOOD OF URBAN AREAS OF KENYA
THE CAUSES AND CONSEQUENCES OF FLOOD ON THE SOCIO ECONOMIC LIVELIHOOD OF URBAN AREAS OF KENYA CHAPTER ONE INTRODUCTION 1.1 Background of the Study ...More »
Item Type: Project Material | 57 pages | 1,058 engagements |
- 4.
IMPLICATIONS OF FUEL SUBSIDY REMOVAL CRISIS IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the study The removal of fuel subsidies in Nigeria has been a subject of considerable controversy and de...More »
Item Type: Project Material | 54 pages | 3,119 engagements |
- 5.
AN INVESTIGATION INTO THE CAUSES AND EFFECT OF HIGH EXCHANGE RATE ON THE NIGERIA ECONOMY 2019-2023
AN INVESTIGATION INTO THE CAUSES AND EFFECT OF HIGH EXCHANGE RATE ON THE NIGERIA ECONOMY 2019 2023 CHAPTER ONE INTRODUCTION 1.1 Background of the s...More »
Item Type: Project Material | 54 pages | 1,843 engagements |
- 6.
A CRITICAL EVALUATION ON THE IMPACT OF SUBSIDY WITHDRAWAL IN 2023 ON THE ECONOMIC GROWTH OF NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the study Globally, fuel subsidy reform is increasingly seen as an opportunity for consolidating publi...More »
Item Type: Project Material | 54 pages | 1,644 engagements |