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The Manufacturing and Petroleum Sectors
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activities aggregate agricultural production agricultural sector balance of payments bank loans Bank of Nigeria behaviour black market capital formation Central Bank Coefficient Error T-Statistic consumer price index consumption expenditure Consumption Function debt decline demand for money demand function economic growth effect employment Equation DEPENDENT VARIABLE Estimated Standard Variable esusu exogenous external sector factors Federal fiscal deficit foreign exchange market government expenditure government revenue gross domestic product growth rate import demand increase indicates industrial inflation rate inflationary informal financial sector informal sector interest rate investment labour force labour market lagged LEXCHR LGDP macro-economic policy million monetary base monetary policy money supply naira Nigeria Nigerian economy nominal operations parallel market period petroleum population private consumption proxy ratio real exchange rate real wage rate savings rate sector in Nigeria Standard Variable Coefficient statistically significant supply function supply shock Table trade treasury bill underground economy Variable Coefficient Error