Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 2, No 4 (2019): Budapest International Research and Critics Institute November

Impact of Some Economic Variables on the Real Gross Domestic Product of Nigeria

Ademuyiwa J. A. (Department of Statistics, Federal Polytechnic, Ile-Oluji, Ondo State)
Adetunji A. A. (Department of Statistics, Federal Polytechnic, Ile-Oluji, Ondo State)

Article Info

Publish Date
06 Nov 2019

Abstract

The influences of External Debt Service (EDS), External Debt Stock (EDSt), Government Expenditure (GE), Inflation Rate (InfR), Interest Rate (IntR) and Exchange Rate (ExR) of Nigeria on the Real Gross Domestic Product (RGDP) are examined. Results of the analysis using Stepwise Regression (Backward Elimination and Forward Selection) reveals that GE, EDS, and IntR have positive significant contributions to the RGDP of the country compared to other variables considered.

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Journal Info
Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Website

Abbrev

birci

Publisher

Budapest International Research and Critics University Journal

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...