SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA

The paper was set to examine the relationship between different aspects of service trade and non oil export in Nigeria as well as assess the impact of capacity development on value of service trade and the implications for improving value of non oil export in Nigeria. Secondary data 1980 to 2010 wer...

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Main Author: Mmaduabuchukwu Mkpado
Format: Article
Language:English
Published: iVolga Press 2013-01-01
Series:Russian Journal of Agricultural and Socio-Economic Sciences
Subjects:
Online Access:http://www.rjoas.com/issue-2013-01/i013_article_2013_03.pdf
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author Mmaduabuchukwu Mkpado
author_facet Mmaduabuchukwu Mkpado
author_sort Mmaduabuchukwu Mkpado
collection DOAJ
description The paper was set to examine the relationship between different aspects of service trade and non oil export in Nigeria as well as assess the impact of capacity development on value of service trade and the implications for improving value of non oil export in Nigeria. Secondary data 1980 to 2010 were used. Data were analysed using descriptive statistics, correlation analysis and regression analysis. Results show that total service trade value in Nigeria has increased from $1126.59 million in 1980 to $3076.19 million in 2010. Significant correlations existed between the total value of service trade and all the types of service trade except with other service trade value. Road network, government (domestic) capital expenditure on services, agricultural credit and domestic service GDP positively determine exportable services. Recommendations include improvement of service GDP and agricultural credit/loan facilities.
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spelling doaj.art-a9fde71ac1f049019de2940bc2da05de2023-08-02T05:33:35ZengiVolga PressRussian Journal of Agricultural and Socio-Economic Sciences2226-11842013-01-011311825SERVICE TRADE AND NON-OIL EXPORT IN NIGERIAMmaduabuchukwu MkpadoThe paper was set to examine the relationship between different aspects of service trade and non oil export in Nigeria as well as assess the impact of capacity development on value of service trade and the implications for improving value of non oil export in Nigeria. Secondary data 1980 to 2010 were used. Data were analysed using descriptive statistics, correlation analysis and regression analysis. Results show that total service trade value in Nigeria has increased from $1126.59 million in 1980 to $3076.19 million in 2010. Significant correlations existed between the total value of service trade and all the types of service trade except with other service trade value. Road network, government (domestic) capital expenditure on services, agricultural credit and domestic service GDP positively determine exportable services. Recommendations include improvement of service GDP and agricultural credit/loan facilities.http://www.rjoas.com/issue-2013-01/i013_article_2013_03.pdfExportable servicesRoad networkGovernment expenditureAgricultural credit
spellingShingle Mmaduabuchukwu Mkpado
SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA
Russian Journal of Agricultural and Socio-Economic Sciences
Exportable services
Road network
Government expenditure
Agricultural credit
title SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA
title_full SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA
title_fullStr SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA
title_full_unstemmed SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA
title_short SERVICE TRADE AND NON-OIL EXPORT IN NIGERIA
title_sort service trade and non oil export in nigeria
topic Exportable services
Road network
Government expenditure
Agricultural credit
url http://www.rjoas.com/issue-2013-01/i013_article_2013_03.pdf
work_keys_str_mv AT mmaduabuchukwumkpado servicetradeandnonoilexportinnigeria