0704-883-0675     |      dataprojectng@gmail.com

THE ECONOMIC IMPLICATION OF INCREASING EXTERNAL DEBT LIABILITY IN NIGERIA

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Regression
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

The study explores the economic implication of increasing external debt liability in Nigeria. Time series data on external debt stock and external debt service was used to capture external debt burden . The objective of this study was to see if there was a long-run and causal relationship between external debt liability and Nigerian economic growth. From 1999 to 2020, time series data on Real Gross Domestic Product, External Debt Stock, External Debt Payments, and Exchange Rate were used to perform an empirical study. The Augmented Dickey Fuller (ADF) test, Johansen Co-integration, Vector Error Correction Mechanism, and Granger Causality Test were among the estimation techniques used in the study. External debt and economic development in Nigeria have a negligible long-run relationship and a bi-directional relationship, according to the findings.




FIND OTHER RELATED TOPICS


Related Project Materials

THE IMPACT OF ARTIFICIAL INTELLIGENCE ON VOCATIONAL JOB MARKET DYNAMICS

Abstract: The impact of artificial intelligence (AI) on vocational job market dynamics is r...

Read more
AN ASSESSMENT OF THE EFFECT AND CAUSES OF DEVIANT BEHAVIOR AMONG STUDENTS

BACKGROUND OF THE STUDY

In the past decades due to the side of schools regards compulsory education, child labour laws,...

Read more
THE EFFECT OF DIVORCE ON CHILD EDUCATION

Statement of Problem  

Th...

Read more
DETERMINANT OF INTERNAL CONTROL SYSTEM EFFECTIVENESS IN A MANUFACTURING COMPANY

ABSTRACT

The study sought to determine the effect of internal control system on financial performance o...

Read more
AN INVESTIGATION OF GOVERNMENT ACCOUNTING INFORMATION SYSTEM TOWARD FRAUD PREVENTION AND CONTROL IN NIGERIA

Background of the study

According to Amidu, John, and Joshua (2011), accounting is important to the suc...

Read more
THE EFFECT OF INFLATION AND INTEREST RATE ON ECONOMIC GROWTH OF NIGERIA

ABSTRACT

The gross Domestic product Growth is a long term rise in the capacity to supply increasingly...

Read more
A COMPARATIVE ANALYSIS OF NIGERIAN FOREIGN POLICY UNDER MUHAMMADU BUHARI ADMINISTRATION IN 1983-1985 AND 2015-2018

EXCERPT OF THE STUDY

This study was undertaken to examine Nigerian Foreign policy under Muhammadu Buhari Administration....

Read more
THE IMPACT OF MARKETING RESEARCH ON DECISION MAKING

ABSTRACT

This study examines the impact of marketing research on decision making. Specifically, th...

Read more
THE EFFECTIVENESS OF MARKETING PLANNING AND CONTROL IN A MANUFACTURING ORGANIZATION

 

ABSTRACT

The researcher is determined to see and threw more high on the effectiveness of Marketing Plan...

Read more
FOREIGN AID AND ECONOMIC DEVELOPMENT IN SUB SAHARAN AFRICA: THE ROLE OF INSTITUTIONS (1996-2010)

ABSTRACT This study examined the relationship between foreign aid and economic development in sub Saharan Africa. The study seeks to examine the ro...

Read more
Share this page with your friends




whatsapp