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  • 标题:Evaluation of the Contribution of Oil Revenue on Economic Development in Nigeria
  • 本地全文:下载
  • 作者:Joseph Ugochukwu Madugba ; Michael Chidiebere Ekwe ; Stella Ogechukwu Okezie
  • 期刊名称:International Journal of Economics and Finance
  • 印刷版ISSN:1916-971X
  • 电子版ISSN:1916-9728
  • 出版年度:2016
  • 卷号:8
  • 期号:6
  • 页码:210
  • DOI:10.5539/ijef.v8n6p210
  • 出版社:Canadian Center of Science and Education
  • 摘要:The study evaluation of the contributions of oil revenue on economic development in Nigeria tested the impact of growth rate in oil revenue and growth rate in Gross Domestic product and growth rate in total federally collected revenue of the Government from 1991 to 2012. Regression analysis was used to carry out data analysis with the aid of SPSS version 20. Results showed that a unit change in growth rate of oil revenue will lead to an equal unit change in growth rate of gross domestic product. The study recommends that federal government should intensify efforts to increase revenue derived from oil especially as it impacts on GDP and federally collected revenue.
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