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Population Growth And Economic Development In Nigeria (1981-2011)
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1.3 RESEARCH QUESTION
The following questions point to our research
1. Does population growth hamper economic growth?
2. Does population growth have any effect on income?
1.4 OBJECTIVES OF THE STUDY
The following of the study research includes the followings
1. To determine whether a relationship exists between population growth and economic development.
2. To determine the direction of causality between population growth and economic growth.
1.5 HYPOTHESIS
The study will be guided by the following hypothesis
HO: There is no significant relationship between population growth and economic development in Nigeria.
Ha: b1=0: There is no direction of causality between population growth and economic development in Nigeria.
1.6 SIGNIFICANT OF THE STUDY
The
importance of the research is to be appreciated by all since concepts
of population growth economic growth and development affects everybody
irrespective of class, status or occupation.
However, the study will be importance to the following categories of persons.
i. Government (policy makers)
The
government will benefit from the study since it will provide the basics
for making policy changes and formulating future policies. It helps the
economy in planning for development.
ii. Students: The study is
important to students since it will reveal more details and provide more
information for those who are interested in finding outn population
trends in Nigeria and its consequences to economic growth in Nigeria and
also for further studies.
iii. Research: This study will provide more information for further research about the population trend in Nigeria.
1.7 SCOPE AND LIMITATIONS OF THE STUDY
Chronologically
the study covers the period of about twenty nine years (1981-2011). The
data or any other pieces of information utilized in the conduct of the
study will be restricted to those published by national institution to
ensure consistency.
The population under study covers an estimate for the entire population of the Nigeria economy.
Geographically
the study is restricted to the territory of Nigerians sovereignty. In
terms of context, the study scope is primary inclined to macro-economics
is nothing but an aggregate of micro-economics.
During the course of its conduct, this study has been limited or hindered from early completion due to factors such as
i. Financial constraints
ii. Unwillingness of certain institution to provide needed information.
iii. Discrepancies between data from different sources.
CHAPTER ONE -- [Total Page(s) 3]
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