THE ECONOMIC IMPLICATION OF INCREASING EXTERNAL DEBT LIABILITY IN NIGERIA
- Project Research
- 1-5 Chapters
- Quantitative
- Regression
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study explores the economic implication of increasing external debt liability in Nigeria. Time series data on external debt stock and external debt service was used to capture external debt burden . The objective of this study was to see if there was a long-run and causal relationship between external debt liability and Nigerian economic growth. From 1999 to 2020, time series data on Real Gross Domestic Product, External Debt Stock, External Debt Payments, and Exchange Rate were used to perform an empirical study. The Augmented Dickey Fuller (ADF) test, Johansen Co-integration, Vector Error Correction Mechanism, and Granger Causality Test were among the estimation techniques used in the study. External debt and economic development in Nigeria have a negligible long-run relationship and a bi-directional relationship, according to the findings.
Related Project Materials
AN ASSESSMENT OF ECONOMIC VARIATIONS AND ITS EFFECTS ON REAL PROPERTY MANAGEMENT IN NIGERIA
BACKGROUND OF STUDY
The Nigerian civil war, which lasted from 1967 to 1970, disrupted many areas of the economy....
PROBLEMS OF DRUG ABUSE ON STUDENTS ACADEMIC PERFORMANCE IN SECONDARY SCHOOL
ABSTRACT
The topic of this research is the prevalence of drug abuse...
ASSESSMENT OF DOMESTIC DEBT AND ITS IMPACT ON THE NIGERIAN ECONOMY (1980 - 2020)
Background to the study
Citize...
DEVELOPMENT OF A FRAMEWORK FOR BUILDING INFORMATION MODELING (BIM) IN FEDERAL UNIVERSITIES OF SOUTH WEST, NIGERIA
Statement of the Problem
Arayici, Khosrowshahi, Ponting and Mihindu (2009) described Building Information Modeling as lifecycle evaluatio...
DESIGN OF WATER SUPPLY (COLD AND HOT) SYSTEM OF A THREE BEDROOM BUNGALOW WITH ADEQUATE PRESSURE
ABSTRACT
This research is focused on the design of water supply (cold and hot) system of a three bedroom bungalow with adequate pressure....
ACCOUNTING METHODS MANAGEMENT AS A TOOL FOR DECISION MAKING
ABSTRACT
This study was undertaken to examine management of accounting methods as a tool for deci...
HE ROLE OF ECONOMIC POLICY IN THE DIVERSIFICATION IN NIGERIA ECONOMY
EXCERPT FROM THE STUDY
Based on the nature and importance of the relationship between fiscal policy and manufacturing se...
AN ANALYTICAL CRITIQUE OF THE FIVE MAIN OBJECTIVES OF THE PHILOSOPHY OF NIGERIAN EDUCATION IN THE CONTEMPORARY SOCIO-ECONOMIC AND POLITICAL TRENDS IN THE COUNTRY
Background to Study
Education is the power that is destined to remove all artificial inequalities and l...
BODY LINEAR PARAMETERS OF CROSS BREED WEST AFRICAN DWARF GOAT
ABSTRACT
Two hundred and forty four (244) West African Dwarf (WAD) Goats comprising one hundred and six...
AMERICAN UNIVERSITY OF NIGERIA SAFESHOP
ABSTRACT
Trust is a major factor in the internet business. This is not surprising as it is very convenient for cyber criminals to swindle...
