Home Project-material AN EMPIRICAL ANALYSIS OF THE IMPACT OF PRIVATE SECTOR ON THE ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA (1980–2010)

AN EMPIRICAL ANALYSIS OF THE IMPACT OF PRIVATE SECTOR ON THE ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA (1980–2010)

Dept: ECONOMICS File: Word(doc) Chapters: 1-5 Views: 5

Abstract

The study examines the private sector as the engine of economic growth and development in Nigeria. A model was specified and data were collected from the period of 1980-2010. The method used in this research work is the ordinary least square (OLS) regression model and variables which are: gross domestic product (GDP) as the dependent variable while foreign private investment (FPI), domestic private investment (DPI), total private savings (TPS), and total bank loans (TBL) are the independent variables and are all significant except total private savings that is insignificant. From the regression result, the following findings were made The estimate coefficients which are 0.8999687 {FPI} shows that a 1 percent increase in foreign private investment will cause 89.9 per cent increase in GDP, 0.0851059 {DPI} shows that a 1 percent increase in domestic private investment will cause an 8.5 per cent increase in GDP, 0.2444129 {TBL} shows that a 1 percent increase in total bank loans will caus
Type/paste Your Introduction here


Recent Project Materials

Abstract This research focuses on the impact of oil and non-oil exports on Nigeria’s economy from 1981 to 2...
Word(doc) 1-5 22 Read More
Abstract This research focuses on the impact of oil and non-oil exports on Nigeria’s economy from 1981 to 2...
Word(doc) 1-5 5 Read More
Abstract The study examines the private sector as the engine of economic growth and development in Nigeria. ...
Word(doc) 1-5 5 Read More
Abstract One can hardly find a country without monetary policy. As a matter of fact, monetary policy has ga...
Word(doc) 1-5 5 Read More
View More Topics