Effect of non-oil compenents expert on the economics growth in Nigeria
The effect of non-oil components export on the economic growth in Nigeria continue to be debated and tested in order for turning around of the nation’s economic outlook for the future good, by strengthen non-oil export growth and success and also promote a non-oil export culture. This paper extends...
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Applanaidu, Shri Dewi |
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HB Economic Theory |
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HB Economic Theory Oluwapemi, Oyetade Oluwatoyese Effect of non-oil compenents expert on the economics growth in Nigeria |
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The effect of non-oil components export on the economic growth in Nigeria continue to be debated and tested in order for turning around of the nation’s economic outlook for the future good, by strengthen non-oil export growth and success and also promote a non-oil export culture. This paper extends the previous empirical studies on the issue providing some evidence from time series data period over 1980–2011. In this study, the dependent variables were agricultural, manufacturing and services sector whereas the independent variable is the gross domestic product (GDP). The model was tested using unit root test, ordinary least square (OLS), serial correlation LM test and heteroskedasticity test to analyze the significant contribution between the dependent and independent variables. The result shows that agricultural and services sector of non-oil export component contributed significantly to the economic growth (GDP) of Nigeria. Also the result presents that there is no correlation and heteroskedasticity problem.
Finally this paper draws some policy implications for the further studies to focus on the non-oil export component in Nigeria so has to ensure a turnaround of the nation’s
economic outlook (growth) |
| format |
Thesis |
| qualification_name |
masters |
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Master's degree |
| author |
Oluwapemi, Oyetade Oluwatoyese |
| author_facet |
Oluwapemi, Oyetade Oluwatoyese |
| author_sort |
Oluwapemi, Oyetade Oluwatoyese |
| title |
Effect of non-oil compenents expert on the economics growth in Nigeria |
| title_short |
Effect of non-oil compenents expert on the economics growth in Nigeria |
| title_full |
Effect of non-oil compenents expert on the economics growth in Nigeria |
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Effect of non-oil compenents expert on the economics growth in Nigeria |
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Effect of non-oil compenents expert on the economics growth in Nigeria |
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effect of non-oil compenents expert on the economics growth in nigeria |
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Universiti Utara Malaysia |
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Othman Yeop Abdullah Graduate School of Business |
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2013 |
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https://etd.uum.edu.my/5064/1/s811090.pdf https://etd.uum.edu.my/5064/2/s811090_abstract.pdf |
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my-uum-etd.50642023-02-01T06:35:06Z Effect of non-oil compenents expert on the economics growth in Nigeria 2013 Oluwapemi, Oyetade Oluwatoyese Applanaidu, Shri Dewi Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HB Economic Theory The effect of non-oil components export on the economic growth in Nigeria continue to be debated and tested in order for turning around of the nation’s economic outlook for the future good, by strengthen non-oil export growth and success and also promote a non-oil export culture. This paper extends the previous empirical studies on the issue providing some evidence from time series data period over 1980–2011. In this study, the dependent variables were agricultural, manufacturing and services sector whereas the independent variable is the gross domestic product (GDP). The model was tested using unit root test, ordinary least square (OLS), serial correlation LM test and heteroskedasticity test to analyze the significant contribution between the dependent and independent variables. The result shows that agricultural and services sector of non-oil export component contributed significantly to the economic growth (GDP) of Nigeria. Also the result presents that there is no correlation and heteroskedasticity problem. Finally this paper draws some policy implications for the further studies to focus on the non-oil export component in Nigeria so has to ensure a turnaround of the nation’s economic outlook (growth) 2013 Thesis https://etd.uum.edu.my/5064/ https://etd.uum.edu.my/5064/1/s811090.pdf text eng public https://etd.uum.edu.my/5064/2/s811090_abstract.pdf text eng public masters masters Universiti Utara Malaysia Adedipe, B. (2004). 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Foreign direct investment, non-oil exports, and economic growth in Nigeria: a causality analysis. … Studies Covenant University, Ota, Nigeria, 1–19. Retrieved from http://africametrics.org/documents/conference09/ papers/Olayiwola_Okodua.pdf. Olurankinse, F., & Bayo, F. (2012). Analysis of the Impact of Non-Oil Sector on Economic Growth. Canadian Social Science, 8(4), 244–248. doi:10.3968/j.css.1923669720120804.1222. Opara, B. C. (2010). Nigerian Firms ’ Non-Oil Export Involvment : An Economic Transformation Paradigm, 40(4), 547–556. Osuntogun, C., Edordu, C., & Oramah, B. (1997). Potentials for diversifying Nigeria’s non-oil exports to non-traditional markets. Retrieved from http://www.aercafrica.org/documents/RP68.pdf. Psychological, A., & Washington, A. (n.d.). Sixth Edition. The Mendeley Support Team. (2011). Getting Started with Mendeley. Mendeley Desktop. London: Mendeley Ltd. Retrieved from http://www.mendeley.com. Udosen, C., Etok, A., & George, I. (2009). Fifty years of oil exploration in Nigeria: The paradox of plenty. Global Journal of …, 8(2), 37–47. Retrieved from http://www.nigeriaoilandgasportal.com/photos/ 714112-CHARLES-UDOSEN,-ABASI-IFREKE-S.-ETOK-AND- I.N.-GEORGE.pdf. Uzosmba, P., Imoisi, A., & Somiari, S. (2012). The Impact of Macroeconomic Variables on Non-Oil Exports Performance in Nigeria, 1986-2010. Lwati: A Journal of Contemporary…,3(5),27–41.Retrieved from http://www.ajol.info/index.php/lwati/article/ view/80037. Zafar, A. (2004). What Happens when a Country Does Not Adjust to Terms of Trade Shocks?: The Case of Oil-rich Gabon. Retrieved from http://wwwwds.worldbank.org/external/defaul t/WDSContentServer/WDSP/IB/2004/10/07/000 012009_20041007164956/Rendered/PDF/wps3403.pdf |