Macro-economic Model of the Nigerian Economy |
Contents
The Manufacturing and Petroleum Sectors | 11 |
Aggregate Demand | 21 |
Labour Market | 28 |
Copyright | |
6 other sections not shown
Common terms and phrases
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 Function decline demand for money developing countries 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 consumption 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 money supply naira Nigeria Nigerian economy nominal output parallel market period petroleum population proxy ratio real exchange rate real wage rate rural savings rate sector in Nigeria Soyibo Standard Variable Coefficient statistically significant supply shock Table trade treasury bill underground economy Variable Coefficient Error