THE EFFECT OF EXCHANGE RATE ON THE NIGERIAN BALANCE OF PAYMENTS (1970-2010)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This work sets out to examine the relationship between balance of payment and exchange rate. The work is divided into five chapters; chapter 1 gives a general introduction to the subject matter, chapter two gives the general review of literature in the subject matter, chapter 3 gives or states the methodology and specifies the model used for testing. Chapter four runs the required test and provides the result as well as the interpretation and chapter five concludes the findings and recommends policy for the government based on the findings in the test.The ordinary least square regression (ols) method is used to test for R-squared test (explanatory power of the variables), T-test for the reliability, F-test for the overall significance of the exponentials and D.W test which is the econometric criterion for testing for presence of auto regressive scheme. The result shows a negative relationship between balance of payment and trade openness, also there exists a positive relationship between exchange rate and foreign direct investment. Since trade openness has a negative impact on the balance of payment it is recommended that the government should not consider it a policy for economic development.
Related Project Materials
THE ROLE OF LOCAL GOVERNMENT IN NATIONAL DEVELOPMENT
ABSTRACT
This research entitled local Government and National development: A case study of Ikeja Municipal...
AUTONOMY OF LOCAL GOVERNMENT IN NIGERIA: ISSUES AND WAY FORWARD
ABSTRACT
This study was carried out to examine the autonomy of local government in Nigeria: issues...
ADVERTISING AS A ‘’POWER TOOL’’ FOR BUSINESS GROWTH: A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC
EXCERPT FROM THE STUDY
Generally, businesses say that advertising provides a public service because it gives them inform...
THE IMPACT OF PHONE-IN PROGRAMMES
EXCERPT FROM THE STUDY
Mass media is a channel, medium, utility, device, or instrument used in the mass communication pr...
AN EVALUATION OF THE IMPACT OF HOME DELIVERY ON PREGNANT FEMALES
ABSTRACT
The study was designed to determine the impact of home delivery on pregnant females of Sabon Gari Kaduna South...
A PRAGMATIC INVESTIGATION OF LANGUAGE USE IN HIV/ AIDS SOCIAL MANAGEMENT ADVERTISEMENTS IN OGUN STATE, NIGERIA
Background to the Study
Language, Stubbs (1989) opines, is a set of acceptable symbols and sounds written, signed or uttered to perform s...
FINANCIAL RECORD KEEPING AND CHALLENGES IN MICRO FINANCE BANKS
BACKGROUND TO THE STUDY
Micro-finance is the supply of loans, savings, and other basic financial servic...
A SURVEY ON THE CHALLENGES FACING SMALL AND MEDIUM ENTERPRISES IN NIGERIA
BACKGROUND OF THE STUDY
Small and medium scale enterprises (SMEs) are largely viewed as the engine wire...
AN EVALUATION OF THE MANAGEMENT OF BREAST CANCER AT UNIVERSITY TEACHING HOSPITAL
ABSTRACT
The incidence and mortality from breast cancer in Nigeria is on the increase. The health care system in Nigeria is overburdened...
STUDENTS TEACHERS CONCEPTION OF MATHEMATICS
ABSTRACT
Odili, (2006) defines mathematics as a body of knowledge, a collection of techniques and methods, and the produ...
