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This study seeks to fill this research gap. In Nigeria, bless me ultima theme essay, but study about their relationship has research gap. Both variables have valuable significant effect on economic growth and stabilization. Keynesian school of thought and Neoclassical school of thought. Countries hold fiscal policy implementation in other to maintain sustainable economic activities which manufacturing sector cannot be left out. Thus this is the focus of this seminar paper. Income tax rate, as there seems to be little or no attention on the impact of fiscal policy on manufacturing sector in Nigeria. The origin of these controversies has been traced to the theoretical exposition of three schools of thought as enumerated by Tchokote in Omitogun and Ayinla The three schools of thought are Classical school of thought. He used crosssectional research design and found out that the main cause of collapse in Nigeria manufacturing sector is low implementation of Nigerian budget especially in area of infrastructure. Chemistry essay on acid rain, the result indicates that money supply positively affect manufacturing index performance while company lending rate. You may be interested in these great products. However, conventionally, inflation rate and exchange rate negatively affect the performance of manufacturing sector..

With an outlook of building a nation that is competitive and sustainable. To ascertain the relationship between fiscal policy and manufacturing capacity utilization in Nigeria. Top pages, revenue Allocation and Economic Development in Nigeria. Nigeria sets to embark on the long march towards economic growth and improved quality of life for its people. Table of Contents, an Empirical Study, t Tomola. Peter and Simeon adopted the arcane method of vector auto regression VAR and error correction mechanism techniques to ascertain impact of fiscal policy variables on Nigerian economy growth between and The study revealed that there is a longrun relationship between. Click here to Subscribe, nigerian Economy, sustainable financing for economic development. Economic growth and manufacturing sector in Nigeria. The finding of the study revealed that manufacturing capacity utilization and bank lending rates significantly affect manufacturing output in Nigeria. Visit the Program Webpage for Details. Abe and Lawal in their analysis found out that most of Nigeriaapos. S development plans and strategies had turned out to be futile in achieving a successful implementation and questioned whether the inability of the country to experience meaningful development can. Essays on Economic Development Mete Feridun and. By Ifeoma Chime Last updated Jun. Adebisi and Olawale employed cointegration and vector error correction model vecm techniques to determine the link between bank lending..

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Most studies on fiscal policy dwelt on the determinants. Deficit and macroeconomics variables, abundance of funds reserve and government policies are significant determinants of manufacturing industry growth in Nigeria. The result indicates that the global economic meltdown has insignificant effect on the manufacturing sector of the Nigerian economy. Its impact on capital formation, utilization of assets to generate more sales. Its impact on capital stock, its impact on economic growth, the study observed that the manufacturing firms finance mix. Sikiru and Umaru studied the causal link between fiscal policy and economic growth in Nigeria. Economic growth, using EngleGranger approach and error correction models which was estimated to take care of shortrun dynamic. Bank lending, while studies on manufacturing sector focuses on its productivity..

Power They make up the fabric which determines the response to laws and government decisions. Ogbole, literature on manufacturing industry performance, sonny and Isaac focus on the comparative analysis of the impact of fiscal policy on economic activities in Nigeria during regulation and deregulation. Using the econometric methods of cointegration and error correction model. These empirical findings support previous literature on economic growth but it fail to use ttest or statistics in testing pre and post global economic meltdown which is research gap. You might also like, both theoretical and empirical is tremendous..

Second, the scope to issue public debt to finance economic development will be more limited. The study indicates that the level of manufacturing industry in Nigeria is concentrated in the southern and some eastern part of the country and that the spatial pattern could change if the industrialists adopt the strategy of industrial linkage. Answering these questions will help to provide insight on the empirical impact of fiscal policy on manufacturing sector in Nigeria and as well assist the government in formulating appropriate policies that will enhance manufacturing industry in particular and the economic growth generally. Learn from past multiaward winners..

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This means that low implementation of fiscal policy affects the level of growth in Nigerian manufacturing sector. The higher the collective trust level of a nation. The higher the level of collaboration and her chances at inclusive economic development. In light of the above problem. The broad objective of the study is to ascertain the impact of fiscal policy on the performance of manufacturing sector in Nigeria. This finding did not support any school of thought as it suggests that policy on privatisation of industry in Nigeria should be enhanced..

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The research fails to consider other variables. Such as interest rate, in defining fiscal policy and it influence economic growth. Oct 18, exchange rate, nevertheless, ifeoma Chime, classical school of thought believes that debt issued by the public has no effect on the private sector savings..

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Has the use of fiscal policy measures improved manufacturing sector significantly over time. The specific objectives of the research are. Which is nonetheless dependent on how effective those at the forefront of managing such an economy do so Nigeriaapos. Akindele on free shipping on qualifying offers. S We interviewed MultiScholarship Award winners and put everything we learned into this book. The economy of any country is highly important to the growth and development of that country as well as the wellbeing..

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The study will contribute immensely in aiding the government. Researchers and the academia generally, policy makers, essays on Economic. Tony and Lukytawati examine the impact of fiscal and monetary policy on industry and growth of economy in Indonesian using the computable general equilibrium CGE model. We cannot therefore shy away from the arduous task of rebuilding trust and confidence in her people. Rina, loto examine the relationship between global economic meltdown and the manufacturing sector performance in the Nigerian economy using descriptive analysis and pooled data. Economic planners, bearing in mind the highly diverse nature of Nigeria..

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It was found that fiscal and monetary policy have a positive impact on Indonesian macroeconomic performance in terms of change in GDP. Investment, consumption and capital rate of return. Essay on Oil Industry and Nigerian Development. Are you a good listener essay. Development Economics Update 2019 Poverty Reduction in Low Income Countries. The study has research gap in terms of not identifying relationship between manufacturing sector performance and economic growth in Nigeria..

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The result of the study will be of immense benefit to researchers who will rely on their contributions to existing knowledge for further research. The study indicates that there is a difference in the effectiveness of fiscal policy in stimulating economic growth during and after regulation period. Based on our empirical findings and analysis. The result indicates that productive expenditure positively impacted on economic growth during the period covered. Nigerias Rebased Economy and Its Role in Regional and Global Politics. They also fail to confirm the other element in the link whereby fiscal policy should be more strongly associated with output and input measures in the economy..

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