The impact of exchange rate variations on aggregate demand in nigeria (1979-2008)
Table Of Contents
- <p> </p><p>Title Page</p><p>Approval Page</p><p>Dedication</p><p>Acknowledgement</p><p>Abstract</p><p>Table of Content</p><p>
Chapter ONE
INTRODUCTION
- </p><p>Introduction</p><p>
- 1.1 Background of the Study</p><p>
- 1.2 Statement of Problems</p><p>
- 1.3 Objective of the Study</p><p>
- 1.4 Statements of Hypothesis</p><p>
- 1.5 Scope and Limitations of the Study</p><p>
- 1.6 Significance of the Study</p><p>
Chapter TWO
LITERATURE REVIEW
- </p><p>LITERATURE REVIEW</p><p>
- 2.1 Review of Theoretical Literature</p><p>
- 2.2 Exchange ate Determination Models</p><p>2.
- 2.1 Flexible Price Monetary Model</p><p>2.
- 2.2 Sticky Price Monetary Model</p><p>2.
- 2.3 Equilibrium Model and Liquidity Model</p><p>2.
- 2.4 Portfolio Balance Model</p><p>
- 2.3 An Overview of Exchange Rate Regimes</p><p>2.
- 3.1The Gold Standard Regime</p><p>2.
- 3.2Flexible Exchange Rate Regime</p><p>2.
- 3.3The Crawling Peg Regime</p><p>2.
- 3.4The Managed Float Regime</p><p>
- 2.4 An Evaluation of Exchange Rate Regimes in Nigeria</p><p>2.
- 4.1The Pre – Sap ara</p><p>2.
- 4.2The Post –Sapara</p><p>
- 2.5 Exchange Rate Determinants</p><p>2.
- 5.1Interest Rate</p><p>2.
- 5.2Transaction Motive</p><p>2.
- 5.3Volume of International Transaction</p><p>2.
- 5.4Political Instability</p><p>2.
- 5.5Policy Actions</p><p>
- 2.6 Review of Empirical Literature</p><p>2.
- 6.1Empirical Literature on the Study using Foreign Data set</p><p>2.
- 6.2Empirical Literature on the Study Using Nigerian Data set</p><p>
Chapter THREE
RESEARCH METHODOLOGY
- </p><p>METHODOLOGY</p><p>
- 3.1 An Overview of the Model</p><p>
- 3.2 Model Specification</p><p>
- 3.3 Unit Root Test</p><p>
- 3.4 Co Integration and Error Correction</p><p>3.
- 5.1Economic Criteria</p><p>3.
- 5.2Statistical Criteria</p><p>3.
- 5.3Economics</p><p>
Chapter FOUR
DATA PRESENTATION AND ANALYSIS
- </p><p>PRESENTATION AND ANALYSIS OF RESULT</p><p>
- 4.1 ADF Test for Stationary</p><p>
- 4.2 CO Integration Test</p><p>
- 4.3 Result from Modeling log of GDP by OLS</p><p>
- 4.4 Economic Interpretation</p><p>
- 4.5 Statistical Criteria</p><p>4.
- 5.1T. Value</p><p>4.
- 5.2F- Test</p><p>
- 4.6 Evaluation based on econometric Criteria</p><p>4.
- 6.2Test for Hetrosedasticity</p><p>4.
- 6.3Test for Multicollinearity</p><p>4.
- 6.4 Normality Test</p><p>4.
- 6.5 Test for Adequacy of the Model</p><p>
- 4.7 Evaluation of the Hypothesis</p><p>
Chapter FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS
- </p><p>
- 5.1 Summary</p><p>
- 5.2 Conclusion</p><p>
- 5.3 Policy Implications</p><p> Bibliography.</p> <br><p></p>
Project Abstract
<p> The study is a critical Evaluation of the impact of Exchange rate variation on Aggregate Demand in Nigeria. These study made use of the ordinary least square (OLS) regression technique in analyzing the impact of Exchange Rate Variation On Aggregate Demand in Nigeria. There are also other variables that determine the impact of Exchange Rate Variations on Aggregate Demand in Nigeria 1979 -2008. Findings from the paper show that all the variables included in the models contributes in explaining the role of exchange rate on aggregate demand in Nigeria. These massive contributions of these variables may strongly depend on the circumstances in Nigerian economic environment. The starting point in reclaiming and re-inventing project in Nigeria is to squarely admit that oil and the manner we have designed to utilize it have constituted a stumbling block in Nigeria’s progress. Accordingly, there is need to pay specific attention to the contest of action and the production relations in the various sections of the economy. <br></p>
Project Overview