Determinants Of Investment In Nigeria (1977 - 2007)

In recent times there has been growing concern about the rising but volatile rate of investment in Nigeria. This concern stems from the fact that investment play a dominant role in stimulating growth. The study buttress on the overview and empirical analysis into the determinants of investment in Nigeria.

In order to achieve the objectives hypothesis was stated with the purpose of achieving current and future stable upswing of investment by re-addressing problem of investment as highlighted in the statement of the problem. 

The study used investment as the dependent variable and government expenditure, tariff , real interest rate and capital stock as the independent variable. In analyzing the data, economic model of multiple regression using ordinary least square (OLS) technique was employed. That t-test conducted indicates that government expenditure, tariff and real interest rate. Not statistically significant at 5 percent level. Normality test and heteroscedaticity test were employed as the second order test. 

Title Page

Approval Page

Dedication

Acknowledgement

Abstract

CHAPTER ONE

INTRODUCTION 

1.1  Background of the Study

1.2  Statement of the Problems

1.3  Research Questions

1.4  Objective of the Study

1.5  Statement of the Hypothesis

1.6  Significance of the Study

1.7  Scope/Limitation of the Study

CHAPTER TWO

LITERATURE REVIEW 

2.1  Literature Review

2.2  Empirical Literature

2.3  Limitation of Previous Studies

CHAPTER THREE

METHODOLOGY

3.1  Model Specification

3.2  Analytical Techniques

3.3  Sources of Data and Software Packages

CHAPTER FOUR

PRESENTATION AND ANALYSIS OF RESULT

4.1  Presentation of Regression Result

4.2  Result Interpretation

4.4  Evaluation Based on Economic Criteria

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1  Summary of Findings

5.2  Conclusion

5.3  Policy Recommendation

      BIBLIOGRAPHY

      Appendix