The Impact Of Oil Revenue On The Economic Growth In Nigeria

46 pages ID: ECO0697

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DepartmentEconomics
TypeProject
Pages46
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0697

Abstract

ABSTRACTThis 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 …

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