THE EFFECT OF CAPITAL FORMATION ON ECONOMIC GROWTH IN NIGERIA (1980-2010)
ABSTRACT
The study examines the effects of capital formation on Nigerian economic growth in Nigeria for the period of 30 year ranging from 1980 to 2010. Annual figures were collated for gross domestic product, gross fixed capital money supply, inflation and government deficit for the years under study. The figures were analyzed using ordinary least square (OLS). A model was built with Gross Domestic product (GDP) as dependent variable while gross fixed capital money supply, inflation and government deficit were the independent variables. From the findings, we discovered that Gross fixed capital and government deficit contributed significant and positive to GDP while money supply and inflation have not had significant impact on GDP in Nigeria.
Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as a guide in developing your original research work. Thanks.
Disclaimer: All undertaking works, records, and reports posted on this website, eprojectguide.com are the property/copyright of their individual proprietors. They are for research reference/direction purposes and the works are publicly supported. Do not present another person’s work as your own to maintain a strategic distance from counterfeiting its results. Use it as a guide and not duplicate the work in exactly the same words (verbatim). eprojectguide.com is a vault of exploration works simply like academia.edu, researchgate.net, scribd.com, docsity.com, course hero, and numerous different stages where clients transfer works. The paid membership on eprojectguide.com is a method by which the site is kept up to help Open Education. In the event that you see your work posted here, and you need it to be eliminated/credited, it would be ideal if you call us on +2348064699975 or send us a mail along with the web address linked to the work, to eprojectguide@gmail.com. We will answer to and honor each solicitation. Kindly note notification it might take up to 24 – 48 hours to handle your solicitation.