ABSTRACT This paper investigated the effectiveness of monetary policy in controlling inflation in Nigeria using secondary annual data spanning from 1981 to 2019. Money Supply, Treasury bills rate, monetary policy rate and exchange rate were the variables used in the study to check inflation. The paper employed cointegration method to check for the long run relationship between the variables, Augmented Dickey Fuller unit root test to check if the variables are stationary or non-stationary, Gra...
ABSTRACT This study evaluates the relationship between exchange rate fluctuations and its impact on the Nigerian economic growth. This study made use of secondary annual data from the Central Bank of Nigeria (CBN)’s statistical bulletin & publications from the National Bureau of statistics (NBS). This study adopted the classical least regression model and ordinary least square method (OLS) to analyze the data. This study has been able to demonstrate that exchange rate fluctuations is pivota...
ABSTRACT Despite the numerous studies on technical efficiency in the Ghanaian health sector, none has included regional hospitals, which are secondary referral hospitals. Researching the efficiency of this group of hospitals is important given their critical role and the fact that they employ substantial amounts of public resources. This thesis provides evidence on the relative technical efficiency of all regional hospitals, plus some selected large district/municipal/metropolitan hospital...
ABSTRACT The dilemma concerning the choice between austerity and stimulus packages has reignited the finance-growth debate. This study joins the debate to examine the linkages between financial deepening, trade openness and economic growth in selected West African countries. The study looks at the two monetary zones in West Africa, namely the West African Monetary Zone (WAMZ) and West African Economic and Monetary Union (WAEMU). Using a panel data of twelve (12) countries covering 1992—2009...
ABSTRACT This study empirically examines the effects of exchange rate on balance of payment in Nigeria, using quarterly data from 1981-2017. The empirical methodology utilized the Bounds cointegration test to detect possible long-run and short-run dynamic relationship, and found no presence of long run relationship between the variables used in the model. The study employed the Autoregressive distributed lag (ARDL), to check for properties in the relationship between the variables above list...
ABSTRACT Within the context of corporate reporting and disclosure, information on risk has become important because of the complexity of modern businesses and these complexities have exposed firms to a lot of risks. Aside calls for the study of risk management disclosure in different cultural context, the effects of risk management on the profitability of banks still remain an issue. Content analysis was employed to examine the annual reports of listed banks from 2012 to 2016. Fixed and rando...
ABSTRACT Most developing countries face the problem of raising tax revenue to carry out public sector spending. Tax revenue is necessary for economic growth and development. Unfortunately tax revenue generation has been low in Ghana. This study therefore examined the determinants of tax revenue with evidence from Ghana using quarterly data from 1988 to 2008. The tax effort function is used by regressing government expenditure, real gross domestic product and financial deepening on tax revenue...
ABSTRACT The sectorial relevance and direction of energy policy in the Ghanaian economy as energy demand continue to rise with constant growth in services and a steady decrease in manufacturing growth, requires empirical analysis of the relationship between electricity generation and economic growth. This study analyses time series data from 1983 to 2015 to examine long run cointegration between electricity generation and economic growth using Autoregressive Distributed Lag Model (ARDL) bound...
ABSTRACT Household energy consumption and its related issues have received considerable attention in recent times. However, the bulk of research has focused on macro perspective using times series data and methods. Empirical research using micro level data is limited. This study therefore examines household energy consumption using household level data. The study used data from the sixth round of the Ghana Living Standards Survey to examine enegy consumption, choice and crowding-out effects o...
ABSTRACT The study sought to investigate the interrelationship between stock price index and macroeconomic variables taking Ghana as a case using the cointegration, vector error correction (VEC) and vector auto regression (VAR) approaches. Annual data covering the period 1991-2006 on real GDP, All-shares index, consumption, investment and consumption shares of real GDP was collected, interpolated into quarterly series for the analysis and used for the study. The outcome of the study showed th...
ABSTRACT This thesis assessed quantitatively, the improvement of drug availability at two district hospitals, two urban and two rural health centres in the Ashanti Region of Ghana after the introduction of “Cash and Carry” policy in the country. The supply situation of these public institutions in both periods was compared to the coverage of the facilities by using panel data analysis. As an input to the debate on the design of the national health insurance scheme, the work also used cont...
ABSTRACT The study investigates the relationship between financial integration, proxy by portfolio equity flows, and economic growth in Sub-Saharan Africa. To achieve the set objective, we first estimate the baseline growth regression using the Generalized Methods of Moment (GMM) dynamic panel estimation framework, while controlling for initial income, human capital and other factors. The results suggest that portfolio equity flows have a significant positive relationship with economic growth...
ABSTRACT Many households in Ghana especially rural households experience high poverty and low income. Therefore, as a strategy to ensure that the basic needs of the household are met, children may be forced to participate in the labour market despite the consequences associated with it. Poor households may adopt the use of children in child labour as livelihood strategy. This study examines the relationship between child labour, poverty and health using descriptive statistics and probit regre...
This research work examined the impact of commercial bank credit (CBC) on Non-oil export trade in Nigeria. Four variables were used in the study. This study adopted the econometric time series analysis from 1992-2015 and the data were sourced from Central Bank of Nigeria statistical bulletin. The empirical analysis that were carried out to achieve the objectives include unit root, co-integration, the long run regression model and short run error correction model. The Augmented Dickey Fuller w...
This study centres on investment in human resources for the transformation of Nigerian economy with focus on the Nigerian Universities. Issues and problems relating to human resources development and planning are analyzed to ascertain the extent of its contribution to the transformation of the Nigerian economy. More to this was the examination of the issues surrounding the persistent yawning gap between highly skilled human labour developed at the Universities and the development of ena...