An Empirical Analysis On The Impact Of Oil And Non-oil Exports On Nigeria's Economy (1981-2002)

60 pages ID: ECO0708

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DepartmentEconomics
TypeProject
Pages60
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0708

Abstract

ABSTRACTThis research focuses on the impact of oil and non-oil exports on Nigeria’s economy from 1981 to 2012. Data on gross domestic product, oil export and non-oil export were used. The ordinary least square (OLS) was used to estimate the parameters. The research results from econometrics analysis revealed that oil and non-oil exports have significant impact on Nigeria’s economy. The unit root test was conducted using the Augmented Dickey- Fuller and Phillip Perron unit root test and all the variables were integrated at order one. The cointegration test was also conducted using the Johansen …

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Pages60
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