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ABSTRACT
This research work centers on the power supply and the performance of
small and medium scale industries in Nigeria from 1986 – 2010.
carrying out this study, secondary data were collected and empirical
analysis was made to achieve these objectives, multiple regression
were used in anglicizing the data. In investigating this problem, the
researcher introduces 2 hypotheses that power supply changes has no
significant in Nigerian econometric mode were used for evaluation and
testing of the hypothesis. The researcher made use of the ordering
least square (OLS). The out come of the model shows and confirms
that power supply changes has a negative impact on Nigerians. And
that a unit change in power supply has a positive impact on both the
gross domestic product and balance of payment in Nigeria. Based on
the findings, certain recommendations were made which include
government increasing its efforts in tackling the issue of corruption and
fraud.
TABLE OF CONTENT
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Table of contents vi
Abstract ix
CHAPTER ONE: INTRODUCTION
1.1 Background of the study 1
1.2 State of research problem 3
1.3 Objective of the study 5
1.4 Hypothesis 6
1.5 Justification of study 7
1.6 Scope of study 8
1.7 Plan of the project 9
CHAPTER TWO: LITERATURE REVIEW
2.1 Introduction 11
2.2 Theoretical issues 14
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2.3 Empirical studies 17
2.4 Theoretical framework 21
CHAPTER THREE: METHODOLOGY OF STUDY
3.1 Method of data analysis 34
3.2 Model of specification 35
3.3 Techniques of model 36
3.4 Evaluation of model 36
3.4.1 Evaluation based on statistical criteria 36
3.4.2 Evaluation based on econometric criteria 37
3.5 Sources of data and collection 38
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS OF RESULT
4.1 Presentation of result 39
4.1.1 Interpretation of result 39
4.2 Evaluation based on economic apriori criteria 40
4.3 Evaluations based on statistical criteria 40
4.3.1 T-Test 40
4.3.2 F-statistics 41
4.4 Evaluation based on econometric criteria 43
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4.4.1 Normality test 43
4.4.2 Test for heteroscedasicity 44
4.4.3 Test for multicollinearity 45
CHAPTER FIVE: SUMMARY, CONCLUSIONS AND
RECOMMENDATION
5.1 Summary 48
5.2 Conclusion 49
5.3 Recommendations 50
Bibliography 54
