Impact Of Oil Revenue On The Economic Growth

58 Pages 6,392 Words 1 – 5 Chapters Download Complete Material

Download Complete Impact Of Oil Revenue On The Economic Growth Research Materials (PDF/DOC)

Abstract

This research work was conducted to investigate the impact of the oil industry on the economic growth performance of Nigeria. In the process of the research, the ordinary least square (OLS) regression technique was employed. Considering the impact of time on changes in economic variables, the analysis was carried out using the simple regression method in which Gross Domestic Product (GDP), proxy for economic growth was used as the dependent variable, while the oil Revenue (OREV) and time appeared as repressor’s. A two-tailed test of 5% significant levels were conducted indicating that the two explanatory variables did not have any significant impact on growth performance of the Nigerian economy within the same period. The researcher therefore recommends that government should formulate appropriate policy mix that would motivate the firm in the oil sector to enhance improved performance and contribution of the sector.

Click the button below to INSTANTLY subscribe and download the COMPLETE MATERIAL (PDF/DOC)!

Related Field(s):

Economics (1317), Industrial Relations and Personnel Management (335), Taxation (67)

Similar Topics (Recommended)

Design And Implementation Of Computerized Economic Growth Monitoring System.

45 Pages

|

5,075 Words

Federal Ministry of Finance has always monitoring how economic growth is moving in this Nation. After the granting of internal autonomy to regions in 1946, there have been subsequent fiscal commission, military decrees Actes of Parliaments that reviewed both dreamed earning structure for Government. In the cause of this research work”. Design and implementation of Computerized Economic growth monitoring system Federal Ministry of Finan […]

Accountability in Public Sector: A pre-condition for economic growth and development.

120 Pages

|

18,847 Words

1.0 INTRODUCTION/ BACKGROUND OF THE STUDY 1.1 THE NEED FOR ACCOUNTABILITY IN PUBLIC SECTOR At, the onset of the oil boom in the 1970’s, many were convinced that the era of scarcity has given way to abundant resources. A major problem was how to plan for the societies to be confronted with the vast increases in material wealth and leisure. The national priorities shifted rapidly as Nigerians embrace the increased material wealth with po […]

Revenue Allocation And Political Stability.

80 Pages

|

11,264 Words

INTRODUCTION 1.1 BRIEF HISTORY OF THE NIGERIAN EXPERIENCE AS A NATION STATE To highlight some significant event and developments in response to a review of Nigeria experience as a nation state, it is intellectual to present a brief survey of the part to understand the distinct phases through which the nation passed to arrive at its present political state and economic condition vis-à-vis revenue allocation. Some of these historical per […]

Revenue Collection Strategy In The Reformed Local Government.

52 Pages

|

7,213 Words

INTRODUCTION 1.1 BACKGROUND OF THE STUDY Financial management in the content of local administration is the discipline on the part of the leadership, management and staff of the local government to prepare a realistic annual budget, collect revenue efficiently and put into effective use of the resources of the council in providing socio – economic service to the people of the area at acceptable standard. The management of financial res […]

Impact Of Government Expenditure On Economic Growth.

40 Pages

|

4,053 Words

1.0 INTRODUCTION: 1.1.1 BACKGROUND OF THE STUDY. Government expenditure has served as a common means of using fiscal policy in many countries to achieve economic growth, expansion, development and transformation of the economic base. According to Musgrave (1989), He described public expenditure as tool used to achieve three distinct objectives which include allocation, distributive and stabilization purpose. Hence the public expenditur […]

Effect Of External Development On The Economic Growth.

50 Pages

|

5,584 Words

INTODUCTION 1.1 BACKGROUND OF THE STUDY The accumulation of external debt is a common phenomenon of the third World countries at the stage of economic growth and development where the supply of domestic savings is low, current account payment deficit is high and import of capital is needed to increase domestic resources. The management of Nigeria’s external debt has been a major macroeconomic problem especially since the early 1980s. F […]

Impact Of Financial Sector Development On Economic Growth.

63 Pages

|

7,574 Words

1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY According to historical accounts (Leadership Newspaper), Asata, Coal camp, New market, Ogui urban including Obiagu areas of the city belongs to Ogui Nike people. But during the colonial era, the white men started developing parts of the land owned by the Ogui Nike people. That explains why Obiagu is presently inhabited by people from almost the five south east states namely; Abia, Anambra, E […]

Not What You Are Searching For?
Search another topic here

Keywords:

Economic Growth, Oil Sector, Oil Revenue, Revenue

Research Guidelines

The abstract section provides a concise summary of the Impact Of Oil Revenue On The Economic Growth, including the issue statement, methodology, findings, and conclusion

The introduction section introduces the Impact Of Oil Revenue On The Economic Growth by offering background information, stating the problem, aims, research questions or hypotheses, and the significance of the research

The literature review section presents a review of related literature that supports the current research on the Impact Of Oil Revenue On The Economic Growth, systematically identifying documents with relevant analyzed information to help the researcher understand existing knowledge, identify gaps, and outline research strategies, procedures, instruments, and their outcomes

The conclusion section of the Impact Of Oil Revenue On The Economic Growth summarizes the key findings, examines their significance, and may make recommendations or identify areas for future research

References section lists out all the sources cited throughout the Impact Of Oil Revenue On The Economic Growth, formatted according to a specific citation style

View Complete Guidelines