Abstract This study examines the long-run impact of interest rate, exchange rate and inflation on private sector investment to in Nigeria over a period of 1980 – 2018. To achieve the objectives, annual time series data on real interest rate (RINT), exchange rate (EXCR), inflation rate (INFL) and private sector investment (PSIV) were collected from the publications of the Central Bank of Nigeria (CBN) and was analysed using the Johansen co-integration model. The co-integration result reveals...
Abstract This study uses monthly data covering the period January, 2007 – September, 2018 to examine the response of monetary policy to inflation persistence in Nigeria. Persistence in three inflation indicators (core inflation, food inflation and headline inflation) were estimated using the univariate structural time series model (STSM) and Bayesian vector autoregressive (BVAR) model and the results were compared. Findings from the results of analysis reveal evidence of high inflation pers...
AbstractThis study uses annual data spanning over 1986 - 2018 to test the existence of random walk hypothesis in the Nigerian stock market. Findings from the study reveal that the three variables of the study are not stationary at level, but are stationary only at first difference. However, ASI and MCP that were stationary at levels when KPSS was employed with intercept and trend included in the estimation. This suggests that the Nigerian stock market follows a random walk and as such, stock ...
Abstract This study examines the impact of money supply on Economic Growth in Nigeria using time series data spanning 1980-2019. Data on currency in circulation (CIC), narrow money supply (M1), broad money supply (M2) and real gross domestic product (RGDP) were collected from the online database of the Central Bank of Nigeria (CBN) and were analyzed using the unrestricted Vector Autoregressive (VAR) model. Impulse response function (IRF) and Cholesky variance decomposition (VDC) were also obt...
Limited empirical studies have disaggregated the government spending into infrastructure and consumption expenditures in this thematic area. More so, Kenya has witnessed a tremendous increase in spending on infrastructural projects such as highways, road, ports, fiber optic, standard gauge railway, and massive investment in road management and maintenance. All these efforts are meant to accelerate the realization of the Kenya Vision 2030 as well as the ‘Big Four’ agenda of the Kenyan gove...
ABSTRACT This paper set out to investigate the relationship between Investment and Economic growth in Uganda from 1980 to 2010. The study employed the expost facto research design since it basically examined secondary data; it was also a descriptive-correlation since it was interested in examining the relationship between the independent variables and the dependent variable. The Population of this study were the published reports on the variables of the study from 1980 to 2010. The study targ...
).> ABSTRACT This study investigated about youth entrepreneurship and poverty reduction in Tudun Wada Local Government, Kano State, Nigeria. the study was guided by the following research objectives: i) to establish youth involvement in entrepreneurship in Tudun Wada local government, Kano State, Nigeria; ii) to assess the level of poverty reduction among youth due to their involvement in entrepreneurship in Tudun Wada local government, Kano State, Nigeria; and iii) to determine the relation...
ABSTRACT The overall objective of the study was to investigate the relationship between exchange rate and economic growth of Uganda (1984 -2015). The objectives included to determine the relationship between interest rate and economic growth of Uganda, to establish the relationship between private sector investments and economic growth of Uganda and to establish if there is a significant relationship between exchange rate and economic growth in Uganda in the years (1984-2015). The study was c...
).>;> ABSTRACT This study set out to investigate the impact of agricultural credit on farm productivity for export in Bichi Local Government, Kano State, Nigeria. The study was guided by the following objectives: i) to determine the level of farm productivity in Bichi local government, Kano State, Nigeria, ii) to find out the common challenges faced by the local farmers in accessing agricultural credit from commercial banks in Bichi local government, and iii) to assess the effect of agricult...
ABSTRACT The objective of this study was to investigate the effects of exchange rate on gross domestic product in Uganda from 1990 to 2010. The factors investigated upon included; to establish the trend and growth rate of exchange rates in Uganda 1990-2010.To examine the trend and growth rate of GDP in Uganda between 1990-2010.To find out the relationship between changes in the exchange rate and Uganda’s GDP between 1990-2010, The researcher used regression analysis to determine the relati...
ABSTRACT This study focused on the determinants of poverty in the Urban West region of Zanzibar. It sought to find out the poverty levels and its average whether it is high, low or very low and finally the government initiatives and programmes in poverty eradication. The researcher used primary and secondary sources of literature in his review. These were books, journals, magazines, reports and first hand from experts which were relating to poverty. The research report adopted a descriptive l...
ABSTRACT The main purpose of this study was to establish the influence of exchange rate volatility on export of coffee in Uganda from 1992-2016. It was driven by five major objectives, to examine the significant influence of exchange rate volatility on export of coffee in Uganda, To examine the effect of inflation rates on export of Coffee (1992-2016), To establish the effect of interest rates on export of Coffee To examine the effect of foreign direct investments on export of Coffee, To exam...
Abstract The Nigerian economy is at crossroads manifested through rising unemployment rates and low GDP growth rates as well as low investment cum savings rates. Hence the study sought to determine the effects of some macroeconomic variables on domestic savings, private investment and the economic growth of Nigeria during the period of 1981-2015. To achieve the stated objectives of the study, domestic savings, private investment and economic growth models were formulated on the basis of funct...
ABSTRACT Study used multivariate vector autoregressive model (VAR) to investigate the impact of foreign Direct investment (FDI) on economic growth, and assess the determinants of FDI inflows in Uganda for the periods between 1986 and 2016. Interpretations of results are based on Granger causality and innovation accounting (variance decomposition and impulse response functions). The study finds that international capital flows are of great importance in stimulating economic growth in Uganda. R...
ABSTRACT This study determined the relationship between communication infrastructure and economic empowerment of people Rukara Sector in Kayonza District in Rwanda. To achieve this main purpose of the study, three research objectives were set and these included: to determine the level of communication infrastructure; to determine the level of economic empowerment of people; and to establish whether there is significant relationship between communication infrastructure and economic empowerment...