ABSTRACT Electricity continues to be a major contributor to the development of the economy of every country, Ghana not exempted. There is, therefore, growing interest to ensure that the supply of electricity meets the demand in all sectors of the Ghanaian economy. The economic costs and environmental issues underpinning electricity is, however, a huge bottleneck to the aspirations of Ghana as a country. The study seeks to explore a long-term (2018 to 2048) comprehensive energy supply strateg...
ABSTRACT Whiles unemployment remains a challenge in Sub-Saharan African countries, trade openness has been identified in the literature as unemployment inducing. Nevertheless, the assessment of the effect of trade openness on unemployment has not received much attention in Sub-Saharan Africa. This study therefore empirically investigates the effects of trade openness on aggregate unemployment and youth unemployment in SSA. The study adopts the system GMM estimator in order that consistent and...
ABSTRACT 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 ...
ABSTRACT Economic activity in Ghana is largely dependent on natural resources, more specifically minerals which are exploited unsustainably. Using the net price and user cost approaches, the paper estimates the depletion of mineral resources for the period 2000 – 2012 and consequently the adjusted national income for these resources. The results using the net price method indicates that gold, diamond, bauxite and manganese exhibit some level of depletion cost with gold having the highest de...
ABSTRACT This study aimed at finding the effect of financial access on the employment levels of firms in Ghana. It further establishes some basic factors that determine various firms’ financial access. The study used a firm-level survey of 720 firms, which was conducted by the World Bank in Ghana in 2013. Employment growth levels of firms was estimated and regressed using the TwoStage Least Square (2sls), on several firm level characteristics including financial access. The result indicated...
ABSTRACT Organizational justice is an essential component and predictor of successful organizations. Organization that is fair and just in its procedures, policies, interactions and distribution systems, employees of that organization give better response to the organization in terms of their positive behaviours and productivity thus the main objective of this study was to investigate the effect of organizational justice on citizenship behaviour in Nigeria breweries. The study adopted th...
ABSTRACT Organizational justice is an essential component and predictor of successful organizations. Organization that is fair and just in its procedures, policies, interactions and distribution systems, employees of that organization give better response to the organization in terms of their positive behaviours and productivity thus the main objective of this study was to investigate the effect of organizational justice on citizenship behaviour in Nigeria breweries. The study adopted the...
ABSTRACT This research study examined the determinants of exchange rate in Nigeria from 1980-2014. For this purpose, annual figures of interest rate, inflation and degree of trade openness at the economy were regressed on exchange rate in a framework of multiple models; ordinary least square (OLS) technique at estimation was employed. The result revealed that inflation rate was an insignificant determinant of exchange rate. Also interest rate was revealed to be insignificant determinant of e...
ABSTRACT The quest to mobilize sustainable domestic revenues for financing development is a challenge for many countries, especially those in the developing world. Discovering non-renewable natural resources should therefore be good news. However, the notion of a natural resource curse suggests that countries that are rich in natural resources often perform poorly on several development outcomes. A related term, fiscal resource curse, has emerged. The fiscal resource curse is the inability o...
ABSTRACT This research work is an empirical effort attempted to re-evaluate the impact of monetary policy on agricultural output with annual secondary data from 1980 to 2015 sourced from Central Bank of Nigeria Statistical Bulletin. The ordinary least square techniques was employed for its estimation. The result shows that the independent variables interest rate, cash reserve ratio and deposit money bank credit to agriculture have significant impact on the Agricultural sector in Nigeria whi...
ABSTRACT This work is based on an empirical analysis of the impact of fiscal policy on economic growth in Nigeria 1981-2015. The main objective of this study is to empirical investigate/assess the impact of fiscal policy on Nigeria economic growth. A model was constructed to incorporate real gross domestic product (RGDP) as the dependent variable, tax, capital expenditure, recurrent expenditure, domestic debt as the independent variable and tested using the ordinary least-square (OLS) techniq...
ABSTRACT This study was undertaken to ascertain the impact of monetary policy on unemployment in Nigeria. This research is being carried out to determine the overall impact of monetary policy on unemployment. In this study, we empirically determined the impact of selected monetary policies on unemployment in Nigeria from 1980 – 2015. The specific objectives of this study are to determine the impact of selected monetary policy on unemployment in Nigeria, to determine if there is a long run ...
ABSTRACT The study investigates empirically the impact of interest rate on manufacturing sector output in Nigeria. The broad objective of this study is; to determine the impact of interest rate on manufacturing sector output in Nigeria. Annual data on manufacturing sector output, inflation rate, commercial banks total loan volume and interest rate from the Central Bank of Nigeria statistical bulletin and IndexMundi covering the period 1981 – 2015 were utilized. A model was constructed to i...
ABSTRACT This research work is an empirical effort attempting to examine the impact of healthcare delivery on agricultural sector output using the ordinary least squares (OLS) with annual secondary data from 1980 to 2016 sourced from Central Bank of Nigeria Statistical Bulletin and Index Mundi Database. The co integration and regression analysis of the variables were used to analyze the data .The result of this study shows the independent variables (life expectancy and mortality rate) have s...
ABSTRACT The study investigates empirically the impact of Exchange Rate on Balance of Payment in Nigeria. The broad objective of this study is; to determine the impact of exchange rate on Balance of Payment in Nigeria within the periods of 1981 to 2015. Annual time series data on Exchange Rate, Trade Openness, Import, Export and Balance of Payment from the Central Bank of Nigeria covering the period 1981 – 2015 were utilized. A model was constructed to incorporate Balance of Payment as th...