Abstract The impact of different types of domestic debt on economic growth of Nigeria was studied using multiple regression technique. Outcome of the study indicates that in the short run, FGN Bond proved to have a positive significant relationship with economic growth, while Development stock maintained a significant negative relationship. In the long run; Treasury Bills and the lagged value of GDP (in the second year), taken as independent variables were found to be positively significant. ...
Abstract The issue of price deregulation in the downstream oil sector of Nigeria through gradual subsidy withdrawal has generated a heated debate in the country with the government claiming that it will guarantee long term stability in produ� supply and price. This will translate into economic growth and development Others/ especially the organised labour; claim that deregulation will lead to higher product prices/ higher cost of production/ and cut of jobs and will bring about recession i...
ABSTRACTThe study examines the causal relationship between financial development and economic growth in Nigeria for the period 1960 to 2008 using dynamic time series model. Granger causality is tested within multivariate co integration and vector error correction model (VECM) framework. Four different measures of financial development are used to capture the different channels through which finance can affect growth. The empirical findings provide evidence that there is a stable positive long...
ABSTRACT The study investigated the impact of the misery index on economic growth of Nigeria for the time period 1980-2017. Apart from Yadollah and Rouhollah which studied the impact of economic growth and good governance on the misery index in Iran, other studies have concentrated on the relationship of the index with crime, lottery games, inequality and human capital outflows. This research work therefore departs from the views of other researcher and studied the impact of the misery index...
This research aims to analyze the potential and the strategy of developing Tomini Bay to improve the economic growth of the coastal community in Central Sulawesi. The research is located in four regencies in Central Sulawesi. The method uses the descriptive analysis using SWOT analysis. The research result shows that the potential of fisheries resources in Poso Regency, Parigi Moutong Regency, Tojo Una-Una Regency, and Banggai Regency can support the development of Tomini Bay region based on ...
Researchers found that the decrease in income inequality affects poverty reduction through redistribution policies. This redistribution policy has also accelerated poverty reduction. In addition, the researcher found that the element of growth led to the achievement of poverty reduction in the long term. Researchers show that economic growth has the power to determine poverty reduction. The type of data in this study uses secondary data sourced from the Central Statistics Agency (BPS), namely...
This study examines the relationship and effect of economic growth with poverty and income inequality in Central Sulawesi Province. The source of data used in this study is secondary data from the Central Statistics Agency (BPS) of Central Sulawesi Province. This study also uses the Granger causality test analysis method to test the relationship between the three variables and then panel data regression is carried out to see the effect of each independent variable on the dependent vari...
This study analyzed the impact of taxation revenue on economic growth in Nigeria, the specific objectives include: Analyse the trend of taxation revenue and economic growth in Nigeria; examine the relationship between taxation revenue to economic growth in Nigeria; and determine the direction of causality between tax revenue and economic growth in Nigeria.The research made use of Real Gross Domestic Product (RGDP) as the dependent variable and Petroleum Profit Tax (PPT), Company Income Tax (C...
TABLE OF CONTENTS Title Page i Certification �...
TABLE OF CONTENTS Title Page……………………………………………………………………………i Certification…………………………………………………………………………ii Dedication …………………………………………………………………………..iii Acknowledgement……………………………………………………………………iv Table of Contents………………………………………………………�...
TABLE OF CONTENTS TITLE PAGE CERTIFICATION DEDICATION ACKNOWLEDGEMENT PROPOSAL TABLE CONTENTS CHAPTER ONE 1.1 Introduction 1.2 Identification of Problems 1.3 Objectives of the Study 1.4 Scope and Limitations of the Study 1.5 ...
For several years in the past, the Nigerian economy was characterized by a high level of external and internal debts. Contrary to expectations, the country’s economy grew sluggishly. This necessitated the re- examination of the effect of fiscal deficit financing on the economic growth of Nigeria. The study period covers from 1980 to 2018. Specifically, the study sought to ascertain the effects of domestic borrowing, external borrowing, way and means and the use of foreign reserves on the re...
ABSTRACT This study empirically examines the impact of Government Expenditure on Nigeria Economic Growth from the period of 2011 to 2020. The main objective was to examine its impact and as well as to ascertain the causal relationship between Government Expenditure and Nigeria Economic Growth. To achieve these objectives, secondary data were collected from Central Bank of Nigeria (CBN) Statis...
This study examines the impact of Capital Market performance on economic growth of Nigeria for the period 1983 – 2010. Economic growth was proxied by gross domestic product while capital market performance was measured by market capitalization, total new issues, volume of transaction and listed equities. Data was collected using secondary source of data only. The technique employed was multiple regression as tool of analysis for the study. The findings of the study shows that the capital ma...
Background of the Study The Nigeria economy has been plagued with several challenges over the years. Researchers have identified some of these challenges as; Gross mismanagement/misappropriate of public funds (Okemini and Urata,2008). Corruption and ineffective economic policies (Gbosi, 2007); jack of integration of macroeconomic plans and the absence of harmonization and coordination of fiscal policies (Onoh,2007); inappropriate and ineffective policies (Anyanwu,2007). Imprudent public spe...