RELATIVE IMPACT OF FINANCIAL SECTOR REFORMS ONAGRICULTURALANDMANUFACTURINGSECTORGROWTHINNIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Thestudyinvestigatesrelativeimpactoffinancialsectorreformsonagriculturalandmanufacturing sector growth in Nigeria. To guide the study, Ordinary Least Square techniquewas adopted and Eviews 8.0 econometric software was utilized for the analysis. A time seriesquarterly data sourced from Central Bank of Nigeria Statistical Bulletin 2009 and 2013and itcovered the period 1970-2013 was used for the analysis. After carrying out necessary pre- andpost diagnostic test, the result shows that gross fixed capital formation and credit to privatesectorratiotoGDPhaspositivebutinsignificantrelationshipwithagriculturalandmanufacturing sector output. While real interest rate, manufacturing capacity utilization andfinancial sector reform dummy were positive and significant, interest rate spread, real exchange,average annual rainfall and money supply ratio to GDP displayed negative relationship withagriculturalandmanufacturingsector output.Uponcomparisonofimpactofkey financialindictors on agricultural and manufacturing sector output, the result revealed that impact of realinterest rate and financial sector profitability index (SINR) in the pre- and post-financial sectorreform were significant in each sector. In contrast, while impact of real exchange rate does notsignificantly influence agricultural sector output, it subsequently became significant in the modelfor manufacturing sector output.The studyhowever concludes that domestic investment oninfrastructure and credit facility to the sectors was sub-optimal. Secondly, participants in thesectors were made worse-off by the reform. Extensive review of existing policies, provision ofincentives,accessibleandaffordablefundingwasrecommendedby thestudy.
Related Project Materials
THE INFLUENCE OF BUDGETING ON BUSINESS PERFORMANCE MEASUREMENT
THE INFLUENCE OF BUDGETING ON BUSINESS PERFORMANCE MEASUREMENT
This study aims to: (1) investigate the impact of budgeting on business pe...
THE ROLE OF STRATEGIC PLANNING ON CORPORATE GOVERNANCE IN DANGOTE FLOUR MILL AT IKORODU, LAGOS STATE
Background of the study
Corporate governance plays a crucial role in shaping the strategic direction an...
DEVELOPMENT OF A MODIFIED FRUIT FLY OPTIMIZATION ALGORITHM BASED LINEAR QUADRATIC REGULATOR CONTROLLER FOR AIRCRAFT PITCH CONTROL SYSTEM
ABSTRACT
This research is aimed at the development of a modified fruit fly optimization algorithm (mFFOA) for the determination of optimi...
THE EFFECTS OF SOCIAL MEDIA ON SMALL BUSINESS
ABSTRACT
Social media is a new phenomenon that has changed how the business environment operates. Businesses are able to gai...
AN ASSESSMENT OF FLIPPED CLASSROOM AND ITS EFFECTS ON ACADEMIC PERFORMANCE OF PRIMARY SCHOOL PUPILS
Background of the study
Flipped learning is a type of blended-learning approach of instruction. It prom...
TRACE METAL CONTENTS AT SELECTED GROWTH STAGES OF WHEAT AND MAIZE GROWN ON ROADSIDE SOIL AT KADAWA KANO STATE, NIGERIA
ABSTRACT
Risk assessment of selected trace metals Cr, Cd, Pb, Zn and Cu at selected growth stages (15 days – germination or seedlin...
THE INFLUENCE OF BUSINESS ANALYTICS ON DECISION SUPPORT SYSTEMS
Abstract: THE INFLUENCE OF BUSINESS ANALYTICS ON DECISION SUPPORT SYSTEMS
This study aims to expl...
THE EFFECT OF VALUE ADDED TAX ON REVENUE GENERATION IN NIGERIA (2011 – 2016)
ABSTRACT
This study was carried out to examine the effect of Value Added Tax (VAT) on revenue generation in Nigeria...
THE MASS MEDIA AND COVERAGE OF SPORTS PORGRAMMES IN NIGERIA (A STUDY OF NTA ENUGU)
ABSTRACT”
The research work used social responsibility and Agenda setting theories t...
BUSINESS COMBINATION AND FINANCIAL PERFORMANCE OF BANKS IN NIGERIA BANKING INDUSTRY
ABSTRACT
In this research work titled “Business combinations and financial performance of banks i...
