Project Materials

GENERAL

OIL REVENUE FLUCTUATIONS, FISCAL POLICY RESPONSE AND ECONOMIC GROWTH

click here to get this project topic material with complete chapters 1-5 for just ₦3000 flat rate.

Do You Have New or Fresh ic? Send Us Your Topic

Oil revenue fluctuations, fiscal policy response and economic growth

ABSTR
Every time the economy recesses the role of government intervention as proposed by Keynes again reiterates. However the nature and magnitude of these policies are important to note. It is on this premise that this study examines the impact of oil revenue fluctuations and fiscal policy response on economic growth in Nigeria. The study used data from the Central Bank of Nigeria (CBN) Annual Reports and ical Bulletin, the World Bank Indicators and National Bureau of ics. The data was analysed with the aid of multiple regression analysis and Garch model of analysis .The results suggest that Gross fixed capital formation, labour, direct investment, Gross national expenditure and fuel subsidy were significant determinants of GDP. While: inflation, corruption perception index, and the excess crude dummy were not significant determinants of GDP. However, while corruption perception index and excess crude dummy were negatively related to GDP, the rest of the variables displayed a positive relationship with GDP. The study also shows that oil revenue fluctuations significantly and positively impacts on GDP in Nigeria. The study therefore recommends that excess crude account and fuel subsidy should be consciously reinstated for it to perform at full capacity and significantly affect economic growth in a positive sense.

Not What You Were Looking For? Send Us Your Topic

click here to get this project topic material with complete chapters 1-5 for just ₦3000 flat rate.

TRUCTIONS AFTER

After making payment, kindly send the following:
  • 1.Your Full name
  • 2. Your Email Address
  • 3. Your Number
  • 4. Amount Paid
  • 5. ject ic
  • 6. Location you made payment from

» Send the above details to our email; contact@premiumresearchers.com or to our support phone number; (+234) 0813 2546 417 . As soon as details are sent and payment is confirmed, your project will be delivered to you within minutes.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisements