08168958821
TRADE AND BUSINESS OPENNESS AND OUTPUT GROWTH IN NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 155 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 5,794 times
INSTANT PROJECT MATERIAL DOWNLOADTRADE AND BUSINESS OPENNESS AND OUTPUT GROWTH IN NIGERIA
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). A non-monotonic and an ANCOVA econometric models are postulated in 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
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.
THE ROLE OF OFFICE POLITICS IN SHAPING THE ORGANIZATIONAL CULTURE OF EDUCATIONAL INSTITUTIONS IN BUE...
CHAPTER ONE INTRODUCTION Background of the Study Politics is an integral aspect of human existence. Politics is perceived by many as an inevitable ...More »
Item Type: Project Material | 54 pages | 716 engagements |
- 2.
THE IMPACT OF OFFICE POLITICS ON EMPLOYEE ENGAGEMENT IN THE IT SECTOR OF CAMEROON
CHAPTER ONE INTRODUCTION Background of the Study Politics is a fundamental component of human existence. It is well acknowledged that this feature ...More »
Item Type: Project Material | 54 pages | 666 engagements |
- 3.
THE ROLE OF INTERNAL AUDITING IN PROMOTING EFFECTIVE FINANCIAL ACCOUNTABILITY IN THE CAMEROONIAN PUB...
CHAPTER ONE INTRODUCTION Background of the Study According to the Institute of Internal Auditors (2018), internal auditing is a practice that is...More »
Item Type: Project Material | 54 pages | 666 engagements |
- 4.
STRATEGIES FOR IMPROVING INTERNAL AUDITING IN SMALL SCALE BUSINESSES IN YAOUNDE, CAMEROON
CHAPTER ONE INTRODUCTION Background of the Study Contemporary businesses must negotiate complex and constantly evolving contexts that present nu...More »
Item Type: Project Material | 54 pages | 601 engagements |
- 5.
OFFICE POLITICS: EXAMINING THE PSYCHOLOGICAL EFFECTS ON EMPLOYEES IN THE HOSPITALITY INDUSTRY OF CAM...
CHAPTER ONE INTRODUCTION Background of the Study Politics inside an organisation is unavoidable and has a substantial influence on the level of ...More »
Item Type: Project Material | 54 pages | 417 engagements |
- 6.
OFFICE POLITICS: ASSESSING ITS CONSEQUENTIAL EFFECT ON EMPLOYEE PRODUCTIVITY IN THE MANUFACTURING SE...
CHAPTER ONE INTRODUCTION Background of the Study Office politics refers to the deliberate efforts made by individuals to gain social influence on o...More »
Item Type: Project Material | 54 pages | 427 engagements |