IMPACT OF NON-OIL EXPORT ON NIGERIAN ECONOMY (1999-2013)

44 PAGES (5827 WORDS) Economics Project

ABSTRACT
The study investigated the impact of non-oil exports on Nigerian economy during the period of 1986-2010. This study was carried out against the background of the crucial role non-oil export can play as an alternative source of revenue apart from crude oil exports. To achieve this objective, multiple regressions were used in analyzing the data. The empirical result shows that non-oil export is statistically significant to Nigeria economic growth. On the other hand, Government Expenditure (GEX) was not significant to Nigerian economy. Due to this, some recommendations were made which include encouraging financial institutions, improving in data collection and banking, efficient allocation and use of resources, and creating economic environment that will help boost the activity of non-oil export sector.

TABLE OF CONTENTS
Title Page…………………………………………………………….…. i
Approval Page ………………………………………………………… ii
Dedication…………………..………………………….................... iii
Acknowledgement…………………………………………………….. iv
Abstract…………………………………………………………………. v
Table of Contents……………………………………………………… vi

CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the Study………………………………………… 1
1.2 Statement of the Problem………………………………………… 8
1.3 Objective of the Question………………………………………… 11
1.4 Statement of Hypothesis…………………………………………. 11
1.5 Significance of the Study………………………………………… 12
1.6 Scope and Limitations of the Study…………………………… 12

CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 Theoretical Literature……………………………………………. 14
2.1.1 The Agricultural Commodities and Products Exports…. 15
2.1.2 The Manufacturing and Craft Export Product…………… 16
2.1.3 The Solid Mineral Export Product………….……………….. 17
2.2 Empirical Literature……………………………………………… 18
2.3 Limitations of the Previous Studies…………….……………. 26

CHAPTER THREE
3. O RESEARCH METHODOLOGY
3.1 Model Specification……………………………………………….. 27
3.2 Methods of Evaluation…………………………………………… 29
3.3 Model Justification……………………………………………….. 30
3.4 Sources of Data and Software Packages……………………. 31

CHAPTER FOUR
4.0 PRESENTATION AND ANALYSIS OF RESULTS
4.1 Presentation of Result…………………………………………… 32
4.2 Result Interpretation……………………………………………. 32
4.2.1 Analysis of the Regression Coefficients…………………. 32
4.2.2 Evaluation Based on Economic Criteria……….……….. 33
4.2.3 Evaluation Based on Statistical Criteria……..………… 33
4.2.4 Evaluation Based on Econometric Criteria……………… 34
4.3 Evaluation of the Research Hypothesis……………………. 38
4.4 Policy Implication………………………………………………. 39

CHAPTER FIVE
5.0 SUMMARY, RECOMMENDATIONS AND CONCLUSION
5.1 Summary of Findings…………………………………………… 40
5.2 Policy Recommendations….…………………………………… 40
5.3 Conclusion….…………………………………………………….. 43
Bibliography……………………………………………………………. 44