Factors That Reduce Savings
This study investigates the core leading factors that reduce savings in Nigeria between 1980 -2010 using ordinary Least Square (OLS) econometric framework, which will enable us proffer solutions for the improvement of savings in the economy, which is also an important component for economic development in any country. Base on data collected, it is discovered that savings output in Nigeria during the period was unsatisfactory but was later discovered as a necessary factor for economic development and growth. This research shows the significance of savings which is achieved when saving habits is greatly considered by public private and government. The empirical results show a negative influence of trade openness (TDO) on aggregate savings. The work therefore submits that effort should be geared towards improving export capacity by improving productivity in industrial sector, which provide employment and increase per capital income as a bid to accelerate savings. And since interest rate signals a positive influence on savings in Nigeria, there should also be an intensified impact on real rates, spread and financial liberalization and or financial developing in Nigeria.
NOTE: Preview the following Table of Content before you download the full content. WYSIWYG – What You See Is What You Get.
Title page
Approval page
Dedication
Acknowledgment
Abstract
Table of content
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Statement of Hypothesis
1.5 significance of the study
1.6 Scope and limitation of the study
CHAPTER TWO
2.1 THEORETICAL LITERATURE
2.1.1 Development of saving in Nigeria
2.1.2 Theoretical Review
2.1.30 Determinant of savings
2.1.3.1 Income
2.1.3.2 Wealth
2.1.3.3 Inflation
2.1.3.4 Foreign Savings
2.1.3.5 Demographic Variables
2.1.3.6 Growth
2.1.3.7 Financial Development
2.1.3.8. Interest Rate
2.1.3.9Urbanization
2.1.4 Conclusion
2.2 Empirical Review
2.3 Limitations of the Precious Studies
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
3.1 Model Specification
3.2 Estimation Procedure
3.3 Method Of Evaluation
3.3.1 Economic Apriori Critical
3.3.2 Statistical Criteria
3.3.2.1 Coefficient Of Multiple Determinations
3.3.2.2 T- Statistics
3.3.2.3. F –Statistics
3.3.3 Econometric Criteria (Second Order Test)
3.3.3.1 Autocorrelation Test
CHAPTER FOUR
4.0 PRESENTATION OF MODEL RESULT
4.1 Result Summary
4.2 Economic Interpretation of result
4.2.1 Real Gross Domestic Product
4.2.2 Trade Openness
4.2.3 Interest Rate
4.2.4 Net Capital Inflow
4.3 Evaluation Based on Economic Criteria
4.4 Statement Criteria (First Order Test)
4.4.1. Coefficient of determination (R2)
4.4.2 The T- Test
4.5 Econometric Criteria (Second Order Test)
4.51 Normality Test
4.5.2 Test for Autocorrelation
4.5.3 Test for Heteroscedasticity
4.5.4 Test for Multicolliearity
CHAPTER FIVE
5.0 SUMMARY, CONCLUSION AND POLICY RECOMMENDATION
5.1 Summary of Findings
5.2Conclusion
5.3 Block Recommendations
Bibliography
Appendix
This “Factors That Reduce Savings” file contains 5 Chapters, 75 Pages and 7,865 Words.
The author of Factors That Reduce Savings is written at the front page of the downloaded file.
To download this Factors That Reduce Savings full file, click on “Download File” on top of this page and follow the next.