Title page — – – – – – – – – – – i
Declaration — – – – – – – – – – -ii
Approval page — – – – – – – – – – -iii
Dedication — – – – – – – – – – -iv
Acknowledgement — – – – – – – – – -v
Table of content — – – – – – – – – -vi Abstract — – – – – – – – – – – -vii
This study was the brain child of the earnest desire to unravel the impact of the incessant fluctuating oil prices on two crucial sectors of the Nigerian economy; the agricultural sector and the industrial sector which used manufacturing sector as proxy. The analysis employed the unrestricted Vector Autoregressive methodology as its empirical technique, with a quarterly time series data spanning from 1987 quarter one through 2014 quarter four which covered 112 observations. The result of the impulse response function showed that a one standard deviation shock gin oil price volatility had no significant impact on agricultural and manufacturing sectors. These results were further validated by the variance decomposition analysis which further established that amidst the oil price volatility; there exist a complementary role between the sectors. These findings therefore, necessitated the study’s conclusions. Thus it is supposed that if the country’s excessive dependence on crude oil price benchmarks for fiscal policy strategies is not mitigated, the economy may be headed for a deeper crises and instability orchestrated by the utterly negligence of other crucial sectors of the economy.
This Research Project Material is posted with good intentions. if you own it, and believe that your right is infringed or violated, Please send us a mail – admin@freeresearchproject.com.ng and actions will be taken immediately. Thank you.
1.0 Background of Study – – – – – – – -1
1.1 Preamble – – – – – – – – – -1
1.2 Statement of the Problem – – – – – – – -2
1.3 Aim and Objective of the Study – – – – – – -3
1.4 Significance of the Study – – – – – – – -3
1.5 Scope of the Study – – – – – – – – -4
📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery
The project titled "The Impact of Foreign Direct Investment on Economic Growth in Developing Countries" aims to explore the relationship between forei...
Research Overview: The project titled "The Impact of Foreign Direct Investment on Economic Growth in Developing Countries" aims to investigate the re...
Research Overview: The project titled "The Impact of Foreign Direct Investment on Economic Growth in Developing Countries" aims to investigate the re...
The research project titled "Analyzing the impact of globalization on income inequality in developing countries" seeks to explore and analyze the rela...
The research project titled "An Analysis of the Impact of Minimum Wage Increases on Small Businesses" aims to investigate and analyze the effects of m...
The research project titled "The Impact of Minimum Wage Legislation on Employment Rates in the Service Industry" aims to investigate the effects of mi...
The project titled "The Impact of Foreign Direct Investment on Economic Growth in Developing Countries" aims to investigate the relationship between f...
The research project titled "The Impact of Foreign Direct Investment on Economic Growth: A Case Study of Developing Countries" aims to investigate the...
The project titled "The Impact of Foreign Direct Investment on Economic Growth in Developing Countries" aims to investigate the relationship between f...