Figure 1 Source: Underlying data are from Central Bank of Nigeria’s Statistical Bulletin and Annual Report and Statement of Accounts- various years
Related Figures (5)
Source: CBN Statistical Bulletin and Annual Reports and Statements of Accounts, Various Issues
Figure 2: Public Investments contribution to Output in Nigeria (1970-2010)
Source: Underlying data are from Central Bank of Nigeria’s Statistical Bulletin and Annual Report and Statement
of Accounts- various years
Methodological Approach and Model Specification
Figure 3: Schematic Representation of the Macroeconomic Model
ee and * denote significance at 1%, 5% and 10%, respectively.
Table 2: 2SLS and 3SLS Regression Results
Conclusion