Impact Of Industrial Output On The Economy Of Nigeria

ABSTRACT

This research work is on the “Impact of Industrial Output on the Economy of Nigeria” between the period of thirty years (30) covered from 1980-2010. Impact of industrial output on the economy of Nigeria is a continuous discussion to every economy especially developing economics which will give rise to economic growth and development of a nation. Secondary data was used on PC Give 8.00 version package to regress the model with GDP as the dependent variable, and industrial output, savings, net foreign capital flow, and inflation as independent variables. The model explain that the influence of industrial output on economic growth is not statistically significant, though the sign obtained from its à priori expectation is positively related to GDP but does not hold strong enough. Savings has a positive relationship and also significant impact on the economy. Inflation has a negative relationship while net foreign capital flow is positively significant on the impact of economic growth. R-squared shows a 76% increase on the GDP. Based on the findings, it is therefore recommended that some policies is to be made in ways to improve the establishment of industries especially the manufacturing industries to encourage industrialisation of the Nigerian economy so as to contribute to the strengthening of economic growth in the nation’s economy. Tax incentives through subsidies and government expenditure relate to increase in output and positive impact on economic growth. Increase in savings will make money available for the economy through high interest rate and income adjustments from the monetary policy.

TABLE OF CONTENTS

Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content

 

CHAPTER ONE:
1.0 INTRODUCTION

1.1 Background of study
1.2 Statement of research problem
1.3 Objective of the study
1.4 Statement of research hypothesis
1.5 Significance of the study
1.6 Scope and limitation of the study
1.7 Methodology and sources of data
1.8 Limitation of the study

CHAPTER TWO:
2.0 LITERATURE REVIEW

2.1 Theoretical literature
2.1.1 Sources of industrial growth and industrial Policies in Impact Of Industrial Output On The Economy Of Nigeria (1988-2010) Nigeria
2.1.2 Characteristics of Nigeria industries
2.1.3 Manufacturing in Nigeria
2.1.4 The era of manufacturing in Nigeria
2.1.5 Structure and performance of Nigerian Manufacturing Sector
2.1.6 The roles of manufacturing industries in then Development Of the Nigerian economy

2.1.7 Problems of industrial development in Nigeria
2.2. Empirical review

CHAPTER THREE:
3.0 RESEARCH METHODOLOGY

3.0 Methodology
3.1 Model specification
3.2 Model Estimation /procedure
3.3 Sources of Data

CHAPTER FOUR:
4.0 PRESENTATION AND ANALYSIS OF REGRESSION RESULT

4.1 Presentation of result and analysis
4.1.2 Interpretation of result
4.2 Evaluation of result
4.2.1 Evaluation based on economic a priori expectation Impact Of Industrial Output On The Economy Of Nigeria (1988-2010)
4.2.2 Evaluation based on statistical criteria
4.2.2.1 Statistical test of significant of parameter estimated (T-statistics)
4.2.2.2 Adequacy of regression equation (F-Test)
4.2.2.3 Goodness of fit test (R2)
4.2.3 Evaluation based on economic criteria
4.2.3.1 Test for auto-correlation
4.2.3.2 Test for Heteroscedasticity
4.2.3.3 Test for normality
4.2.3.4 Test for multicollinearity
4.3 Evaluation research hypothesis

CHAPTER FIVE:
5.0 SUMMARY OF FINDINGS, POLICIES RECOMMENDATION AND CONCLUSION

5.1 Summary of findings
5.2 Policy recommendation
5.3 Conclusion
Bibliography
Journal
Appendices

APA

Impact Of Industrial Output On The Economy Of Nigeria. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-industrial-output-on-the-economy/

MLA

“Impact Of Industrial Output On The Economy Of Nigeria.” UniTopics, https://www.unitopics.com/project/material/impact-of-industrial-output-on-the-economy/. Accessed 24 November 2024.

Chicago

“Impact Of Industrial Output On The Economy Of Nigeria.” UniTopics, Accessed November 24, 2024. https://www.unitopics.com/project/material/impact-of-industrial-output-on-the-economy/

WORK DETAILS

Chapters:
5
Pages:
67
Words:
7865

Here’s a typical structure for Impact Of Industrial Output On The Economy Of Nigeria research projects:

  • The title page of Impact Of Industrial Output On The Economy Of Nigeria should include the project title, your name, institution, and date.
  • The abstract of Impact Of Industrial Output On The Economy Of Nigeria should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Impact Of Industrial Output On The Economy Of Nigeria should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Impact Of Industrial Output On The Economy Of Nigeria, identifying gaps the study aims to fill.
  • The methodology section of Impact Of Industrial Output On The Economy Of Nigeria should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Impact Of Industrial Output On The Economy Of Nigeria research study using tables, charts, and graphs to illustrate key points.
  • Interpret Impact Of Industrial Output On The Economy Of Nigeria results, discussing their implications, limitations, and potential areas for future research.
  • Summarize the main findings of the Impact Of Industrial Output On The Economy Of Nigeria study and restate its significance.
  • List all the sources you cited in Impact Of Industrial Output On The Economy Of Nigeria project, following a specific citation style (e.g., APA, MLA, Chicago).
WORK DETAILS

Chapters:
5
Pages:
67
Words:
7865