Towards the acceleration of the attainment of sustainable growth, most countries have focused on agricultural exports as a means of driving their economy. Developing countries of Africa are highly dependent on the agricultural sector and agricultural exports are a major determinant of economic growth of these countries. However, the impact of agricultural exports on economic growth of ECOWAS countries remains unclear. This study therefore evaluates the impact of agricultural exports on the ec...
Infrastructural development has been the major concern of countries all over the world due to its significant impact in fostering growth. In Nigeria, it has been observed that the level of infrastructure posed serious threat to attaining sustained growth. This study therefore examines the impact of capital expenditure on infrastructural development in Nigeria, utilising time series from 1970 to 2017. The study adopted autoregressive distributed lag (ARDL) model due to the possibility of the p...
This study investigates the extent to which environmental hazards affect life expectancy in Africa using Nigeria time series spanning from 1960 to 2017. The study adopted generalized autoregressive conditional heteroscedasticity (GARCH) model in estimating the total number of 58 (years) observations to ensure robustness in the estimation results. The estimation results show that environmental hazards in terms of carbon dioxide (CO2) emission from solid fuel consumption reduce life expecta...
This paper examines the role of structural change in the asymmetric adjustment of retail energy prices following changes in crude oil costs. The paper also examines the pattern of adjustment in retail energy prices when exchange rate is accounted for as part of the marginal cost of importing crude oil in European countries with high oil import dependency ratio. The paper shows that the results of Greenwood-Nimmo and Shin (2013) no longer hold when the structural change in the relationship bet...
Abstract The existence of trade-off between unemployment and inflation in Nigeria has remained a controversial issue. While some scholars argue in favour of its existence others claimed Philips curve is nothing but an illusion. This study therefore contributes to the existing literature by trying to find out if there is trade-off between unemployment and inflation in Nigeria using a time series data from 1991-2014.the ordinary least squares (OLS) technique and granger causality test were used...
The global income distribution highlights the extraordinarily high degree of inequality. The average income of the top 20% of the world’s population is about 50 times the average income of the bottom 20% (HDR 2005). Kenya’s top 10% households control 42% of the total income while the bottom 10% controls less than 1% (SID, 2004). Kenya’s long term development goal as indicated in its Vision 2030 is to transform the country into a middle income country with a sustainable economic growth ...
The project shows the relationship between the donated funds of both national and international NGO on under five mortality rate and life expectancy at birth.
This study investigates the role Small and Medium Scale Enterprise and Infrastructural Development in Nigeria. The basic objective of the study is to examine how infrastructure contributes to the Nigerian economic development. The use of questionnaire was employed to get the needed information from the selected population. The information gotten were therefore analyzed and interpreted in other to test the hypothesis. A total of 100 SMEs were randomly selected from Oyo Township. The responses ...
This research report studied the determinants of loan demand by the private sector in the Uganda. Employing a time series analysis using the Johansen methodology, the study identified one cointegrating relationship linking private sector demand for credit to GDP, lending rate, Broad money, Bank credit to government and risk premium of lending to the private sector hence the existence of a long run relationship between them. The long run model indicated private sector demand for credit is posi...
The ability to model a stable relationship between money and prices is fundamentally considered a necessary requirement for a monetary targeting framework. Having a stable money demand function helps to ensure that the desired impact of monetary policy is predictable. The study undertaken sought to explain the determinants of money demand in Uganda employing cointegration analysis to establish the existence of a long-run relationship between Money, income, a vector of interest rates, inflatio...
TITLE PAGE THE IMPACT OF NAIRA DEVALUATION ON SMALL AND MEDIUM ENTERPRISES (SME) IN NIGERIA BY OHAEGBU HENRY SOMTOCHUKWU 2012034025 A PROJET SUBMITTED TO THE DEPARTMENT OF ECONOMICS, FACULTY OF SOCIAL SCIENCES CHUKWUEMEKA ODUMEGWU OJUKWU UNIVERSITY (COOU) IGBARIAM CAMPUS IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE BACHELOR OF SCIENCE (B.Sc.) DEGREE IN ECONOMICS JULY, 2016. APPROVAL PAGE In a...
Abstract This research investigates the impact of corruption on Economic growth in Nigeria from 1996-2017. Data were collected from the Central Bank of Nigeria Statistical Bulletin, Debt Management office and Transparency International. The study examines the stochastic characteristics of each time series by testing their stationarity using Augmented Dickey-Fuller (ADF) test. The study also employed ECM for estimation. Variables used ...
This paper work examined the issue of executive compensation in n Nigeria private sector. The meaning and content of executive compensation as well as the selected theoretical frameworks win explaining the critical issue of executive compensation was extensively examined. The regulations both internal and external regulations were examined and samples from Nigerian private sector was drawn.
ABSTARCT Nigeria is still largely dependent on crude oil to satisfy its oil needs since crude oil is animportant part of her economy. This dependency on crude oil triggers most macroeconomicindicators such as inflation to react to fluctuations in the world price of oil, making the economyvulnerable to fluctuations in the world oil price. This study therefore employs Auto RegressiveDistributive Lag analysis to examine the effects of oil price fluctuations on in...