Ikpefan, Ochei Ailemen and Isibor, Areghan Akhanolu and Okafor, Tochukwu Chibuzor (2016) Deregulation of Foreign Exchange Market and the effect on Industrial Produce in Nigeria. Asian Journal of Information Technology, 15 (13). pp. 2101-2107. ISSN 1682-3915
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Abstract
The problem of the effect of high regulation in the foreig n exchange market which in advertently have a determining factor on the performance of business organizations most especially industries in Nigeria. This paper deals with the effect of exchange rate deregulation on industrial produce/manufacturing outpu t in the Nigerian economy. This study also uses the econometric approach in estimating the effect and to be specific it uses the co - integration and error correction mechanism. The paper started by laying a background for the work. Section 1 dwells on the statement of the problem, objectives, statement of hypotheses, significance of the study, research questions and scope of the study. Section 2 is mainly on the review of similar literatures relating to foreign exchange policies per time, the trend, manage ment and other matters relating to foreign exchange.Setion 3 focuses on the research methodology while Section 4 is the presentation, analysis and interpretation of the regression result. Section 5 is the final and the concluding part of the subject matter which simply try to give conclusion and recommendation on the entire work, as well as further readings for other researchers. The paper concluded that the major determinant of manufacturing output in the Nigerian economy is labour, capital and exchange ra tes
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
Depositing User: | Dr ochei, Ailemen ikpefan |
Date Deposited: | 19 Aug 2013 17:13 |
Last Modified: | 04 Oct 2016 12:22 |
URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/1322 |
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