Trade openness and output growth in nigeria

Thesis Overview

<p> </p><p><strong>&nbsp;INTRODUCTION</strong></p><p>1.1 &nbsp; &nbsp; &nbsp; Background of study</p><p>1.2 Trade openness and output growth</p><p>Historical Experience of the Nigeria economy</p><p>1.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Statement of the research problem</p><p>1.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Objectives of the study</p><p>1.4 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Statement of the research hypothesis</p><p>1.5 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Justification of the study</p><p>1.6 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Significance of the study</p><p>1.7 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Scope and limitation of the study</p><p><strong>CHAPTER TWO: LITERATURE REVIEW</strong></p><p>2.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Theoretical literature</p><p>2.1.2 Theory of customs union and free trade areas &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 2.1.3Models of export-led growth</p><p>2.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Empirical literature</p><p>2.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Limitation of previous studies</p><p><strong>CHAPTER THREE: METHODOLOGY </strong></p><p>3.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Analytical framework</p><p>3.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Model specification</p><p>3.2.1 Test of stationarity</p><p>3.2.2 Test of co integration</p><p>3.2.3 Error correction model</p><p>3.3 &nbsp; &nbsp; &nbsp; Justification of the model</p><p>3.4 &nbsp; &nbsp; &nbsp; Estimation techniques</p><p>3.5 &nbsp; &nbsp; &nbsp; Evaluation Procedure &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3.5.1 Economic test (a priori expectation)</p><p>3.5.2 Statistical (first order) test</p><p>3.5.3 Econometric (second order) test</p><p>3.6 &nbsp; &nbsp; &nbsp; Sources of data and software for estimation</p><p><strong>CHAPTER FOUR: PRESENTATION AND ANALYSIS OF RESULTS</strong></p><p>4.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Introduction</p><p>4.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Presentations of regression results</p><p>4.2.1Test of stationarity</p><p>4.2.2 Test of co integration</p><p>4.2.3 The Error correction model (ECM)</p><p>4.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Interpretation and Evaluation of result</p><p>4.3.1Evaluation based on economic criteria</p><p>4.3.2Evaluation based on statistical criteria</p><p>4.3.3 Evaluation based on econometric criteria</p><p>4.4 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Evaluation of the working Hypotheses</p><p><strong>CHAPTER FIVE: SUMMARY, POLICY PRESCRIPTION</strong></p><p><strong>AND CONCLUSION </strong></p><p>5.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Summary</p><p>5.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Policy Recommendations</p><p><strong>LIST OF TABLES AND FIGURES</strong></p><p>Figure 1: &nbsp; &nbsp; &nbsp; &nbsp; Growth Rate of Real GDP</p><p>Figure 2: Trend of Real GDP</p><p>Figure 3: Growth of Export and Import</p><p>Figure 4: The Degree of Openness</p><p>Table 1: Openness Indicators</p><p>Table 2: A Priori Expectation</p><p>Table 3: Results of Model 1</p><p>Table 4: Results of Model 2</p><p>Table 5: Results of Stationarity test</p><p>Table 6: Results of Co integration test</p><p>Table 7: Results of the Error Correction Model</p><p>Figure 5: Non- Monotonic Relationship between TPN and &nbsp;RGDP</p><p>Table 8: Summary of the T-Test</p><p>Table 9: Pair-Wise Correlation Matrix</p> <br><p></p>