IMPACT OF SELECTED MACROECONOMIC VARIABLES ON NON-OIL EXPORTS IN NIGERIA (1986 – 2015)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This study investigated the ‘Impact of Selected Macroeconomic Variables on Non-oil Exports in Nigeria’ for both aggregate and disaggregates within the period 1986-2015.Time series secondary data were collected from CBN statistical bulletin for the period of thirty years (1986- 2015). Auto-Regressive Distributed Lag (ARDL) bounds testing co-integration technique was used to investigate the long-run relationship between the selected macroeconomic variables (real GDP, exchange rate, inflation rate and credit to private sector) with aggregate and disaggregate non-oil exports (agricultural, manufacturing and solid minerals) in Nigeria.. The major findings of this study showed that the selected macroeconomic variables (real GDP, exchange rate fluctuations, inflation rate and credit to private sector had a long-run equilibrium relationship with both aggregate and disaggregate non-oil exports (agriculture, manufacturing and solid minerals) within the period of study at 5 percent level of significance. The findings of this study imply that economic activities and credit to private sector had impacted positively whereas exchange fluctuations and increase in prices of goods and services had impacted negatively on the volume of non-oil exports in Nigeria within the period of study. This study recommended that the government should enhance the productive capacity of the economy through human and capital development, a sound monetary policies to stabilize exchange fluctuations. A friendly and selective credit policy should be initiated by the government to enable the farmers, manufacturers and miners have access to loans.
Related Project Materials
The effect of campaign promises on voter behavior in local elections: A study of Ijebu East Local Government Area, Ogun State
Background of the study
Campaign promises play a crucial role in shaping voter behavior by setting expect...
DESIGN OF WATER SUPPLY (COLD AND HOT) SYSTEM OF A THREE BEDROOM BUNGALOW WITH ADEQUATE PRESSURE
ABSTRACT
This research is focused on the design of water supply (cold and hot) system of a three bedroom bungalow with adequate pressure....
An Examination of the Role of Mobile Apps in Retail Banking Growth: A Case Study of Zenith Bank, Osun State
Background of the Study
Mobile applications have revolutionized the retail banking sector by offering customers immediate a...
An evaluation of risk management practices in investment banking: A case study of Guaranty Trust Bank.
Background of the Study
Risk management is a cornerstone of investment banking, critical for protecting financial assets and ensuring mar...
The influence of self-discipline on students’ success in online learning in tertiary institutions in Gusau LGA, Zamfara State.
Background of the Study
The rapid proliferation of online learning in tertiary institutions has underscored the importance of self-discip...
An appraisal of environmental sustainability practices among local businesses in Gombe Local Government Area, Gombe State
Background of the Study
Environmental sustainability has become a focal point for businesses across the globe, with a growing recognition...
The impact of debit charge policy modifications on transaction volumes in banking: a case study of United Bank for Africa
Background of the Study
Debit charge policies significantly influence customer transaction behavior in the banking sector. United Bank fo...
An Examination of the application of Cost Accounting in Monitoring Education Sector Budgets in Kaltungo Local Government Area
Background of the Study
The education sector is one of the most vital areas of public service in Kaltungo Local Governme...
EFFECT OF COVID-19 PANDEMIC ON SOCIAL RELATIONSHIP AMONG STUDENTS OF NASARAWA STATE UNIVERSITY, KEFFI.
BACKGROUND OF THE STUDY
The coronavirus disease of 2019 (COVID-19) pandemic gripped the world with a sh...
An Investigation of Nurses’ Knowledge and Practices in Managing Childhood Asthma in Kano State Healthcare Facilities
Background of the Study: Asthma is a chronic respiratory condition that affects millions of children worldwi...
