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AN EMPIRICAL ANALYSIS OF THE IMPACT OF PRIVATE SECTOR ON THE ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA (1980–2010)
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- Contributor: mr-chris
- engagements: 49
- Case No: 602898pw
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ABSRACT - [ Total Page(s): 1 ]The study examines the private sector as the engine of economic growth and development in Nigeria. A model was specified and data were collected from the period of 1980-2010. The method used in this research work is the ordinary least square (OLS) regression model and variables which are: gross domestic product (GDP) as the dependent variable while foreign private investment (FPI), domestic private investment (DPI), total private savings (TPS), and total bank loans (TBL) are the independent variables and are all significant except total private savings that is insignificant. From the regressio
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CHAPTER ONE - [ Total Page(s): 2 ]Unfortunately, most of them were structurally ill-conceived, economically inefficient with accumulated huge financial losses and thus absorbing disproportionate share of domestic credit. They were also sustained through heavy budgetary allocations of the country (Jerome, 1996, as cited in Eke, 2000). For instance, the state-owned enterprises (SOEs) are adjudged to have contributed substantially to public sector deficit and have financed less than one fifth of their investments through Internally GeneratedResources (IGR) (Nair and Filippides, 1988). As some governments ran into ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The study examines the private sector as the engine of economic growth and development in Nigeria. A model was specified and data were collected from the period of 1980-2010. The method used in this research work is the ordinary least square (OLS) regression model and variables which are: gross domestic product (GDP) as the dependent variable while foreign private investment (FPI), domestic private investment (DPI), total private savings (TPS), and total bank loans (TBL) are the independent variables and are all significant except total private savings that is insignificant. From the regressio
... Continue Reading
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