Full Project – AN ECONOMETRIC ANALYSIS OF THE RELATIONSHIP BETWEEN EXCHANGE RATE DEPRECIATION AND INFLATION IN NIGERIA
Click here to Get this Complete Project Chapter 1-5
Abstract
Overtime, Nigeria has experienced persistent depreciation in its exchange rate, with inflationincreasing at opposite direction, despite government’s exchange rate policies to stabilize prices. Exchange rate is key in foreign trade, as no country can satisfy demands of its population by operating close economy due to nations are endowed with varying natural resources. Thus, exchange rate and inflation constitute key determinants of economic performance of any economy. This paper therefore investigates the relationship between exchange rate depreciation and inflation in Nigeria for the period 1980-2013, by applying Co-integration test, Vector Error Correction Model and Partial Correlation Coefficient analysis. Variables used in the study include inflation rate (INFR), exchange rate (EXCR), money supply (M2) and real gross domestic product (RGDP). The study conducted stationarity test, and found stationarity of the variables at second difference. The results of co-integration test revealed that long run relationship exist among the variables. Thus, since negative weak correlation value of -0.143 exist between inflation and exchange rate; the study recommends that government should consider both official and parallel exchange rate markets in its exchange rate policies, as over reliance on official market alone in tackling inflation problem would be frustrated, if parallel exchange market remained unchecked.
Keywords: Exchange Rate Depreciation, Inflation, Policy, Econometrics, Nigeria.
Get the Complete Project
This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.
Click here to Get this Complete Project Chapter 1-5
You can also check other Research Project here:
- Accounting Research Project
- Adult Education
- Agricultural Science
- Banking & Finance
- Biblical Theology & CRS
- Biblical Theology and CRS
- Biology Education
- Business Administration
- Computer Engineering Project
- Computer Science 2
- Criminology Research Project
- Early Childhood Education
- Economic Education
- Education Research Project
- Educational Administration and Planning Research Project
- English
- English Education
- Entrepreneurship
- Environmental Sciences Research Project
- Guidance and Counselling Research Project
- History Education
- Human Kinetics and Health Education
- Management
- Maritime and Transportation
- Marketing
- Marketing Research Project 2
- Mass Communication
- Mathematics Education
- Medical Biochemistry Project
- Organizational Behaviour
- Political Science
- Psychology
- Public Administration
- Public Health Research Project
- More Research Project
- Transportation Management
- Nursing
Full Project – AN ECONOMETRIC ANALYSIS OF THE RELATIONSHIP BETWEEN EXCHANGE RATE DEPRECIATION AND INFLATION IN NIGERIA
Frequently Asked Questions
Our Customers are Happy
Ademola A.
I was skeptical at first, but after placing my order, my full project arrived in my email in under 15 minutes! The process was smooth, clear, and professional. Truly amazing service!
Kwabena K.
I needed a custom project on a new topic. researchprojecttopics.com.ng delivered within 3 days, and the quality was outstanding. They even guided me on how to defend it. Highly recommend!
Michael H.
Fast, reliable, and very professional. My research project was delivered on time, with no hidden charges. The team is trustworthy and supportive.
Fatou B.
I got my full project in minutes and my custom request within 3 days. Their communication is clear, and the material is top-notch. Excellent experience!
James O.
https://researchprojecttopics.com.ng is a lifesaver! My project was delivered exactly as requested. The team is friendly, professional, and highly responsive. Very satisfied!
Ngozi E.
I was worried about paying online, but the team reassured me and delivered my complete project instantly. Transparent and professional service!
Ama S.
I requested a custom topic project and received it in just 3 days. The guidance and quality were excellent. I recommend Https://researchprojecttopics.com.ng to everyone!
Sarah W.
The service is dependable and efficient. My project arrived on time, and every step was transparent. Truly a professional service I trust.
Emmanuel T.
Fast and reliable. My full project was delivered in minutes, and the custom project in 3 days. Communication was excellent throughout.
Aisha N.
Extremely satisfied with the service. My project was delivered promptly, fully transparent, and of high quality. A trustworthy academic partner!