The Impact Of Some Selected Non-Oil Exports On The Growth And Development Of Nigeria Economy

75 PAGES (16060 WORDS) Economics Project
ABSTRACT
This study presents the impact of some selected non-oil export on the growth and development of Nigeria. Times series data gotten from Central Bank of Nigeria (CBN) statistical bulletin spanning between 1986 and 2013 were adopted.Gross Domestic Product (GDP) is used as proxies for growth and development of Nigeria, while non-oil export revenue (NONX) is used as proxies for non-oil export. Ordinary least square method (OLS) econometric technique through the application of E-views software statistical package was used for the analysis of the result. The study found that non-oil export (NONX) and exchange rate (EXCR) are directly related to gross domestic product. This study also reveals that there is negative and insignificant relationship between inflation rate (INFR) and gross domestic product (GDP). The study recommended among other thing that government at all level in Nigeria should pay more attention to improve non-oil export sector by encouraging export promotion programmes and institutions.

TABLE OF CONTENTS
CHAPTER ONE
1.0Introduction
1.1Background to the Study
1.2Statement of the Problem
1.3Research Questions
1.4Objective of the Study
1.5Justification of the Study
1.6Scope of the Study
1.7Plan of the Study

CHAPTER TWO
LITERATURE REVIEW
2.0Introduction
2.1Conceptual Framework
2.1.1The Concept of Non-Oil Export
2.1.2Macroeconomic Policies and Structure of Non-Oil Export in Nigeria
2.1.3Oil export, non-oil export and economic growth in Nigeria
2.1.4The Structure of Non-Oil Export during the Pre and Post Structural Adjustment Programme (SAP)
2.1.4.1The Pre SAP Era
2.1.4.2The SAP Era
2.1.4.3Post SAP Era
2.1.5Problems of the Non-Oil Export Sector in Nigeria.
2.1.6 Recommendation for Improving Non-oil Export Performance in Nigeria
2.2.0Theoretical Review
2.2.1Neo Classical Theory of External Trade
2.2.2Export Led Growth Hypothesis
2.2.3The Heckscher-Ohlin trade Theory
2.2.4Theory of Absolute Advantage
2.2.5Theory of Comparative cost Advantage
2.3Empirical review
2.4Methodological review
2.5Summary of Review
2.6Theoretical Framework

CHAPTER THREE
RESEARCH METHODOLOGY
3.0Introduction
3.1Population and Sample Sizes
3.2Sources and Methods of Data Collection
3.3Model Specification
3.4 The A-Priori Expectations
3.5Estimation Techniques
 

CHAPTER FOUR
PRESENTATION AND ANALYSIS OF RESULTS
4.0Introduction
4.1Graphical Analysis
4.2 Presentation of Result
4.3Interpretation of Result
4.3.1Apriori Expectation
4.3.2Statistical Criteria
4.3.3Econometric Criteria
4.4Discussion of Findings

CHAPTER FIVE
SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSION
5.0Introduction
5.1Summary of Chapters
5.2Summary of Major Findings
5.3Conclusion
5.4Policy Recommendations
5.5Suggestion for Further Studies
Reference
Appendix I
Appendix IIQUESTIONNAIRES