Economics Research Papers/Topics

Public Health Expenditure and Health Outcomes in Nigeria

The study investigates the effect of public health expenditure on health outcomes in Nigeria, as captured by life expectancy at birth and infant mortality rates. The result shows that public health expenditure and health outcomes have long-run equilibrium relationship. Furthermore, the results showed that an increase in public health expenditure improves life expectancy and reduces infant mortality rates. In addition, urban population and HIV prevalence rate significantly affects health ou...

SAVINGS, INFLATION AND ECONOMIC GROWTH LINKAGES

The inter-relationship among savings, inflation and economic growth is an important conjuncture in the linkage evaluation of economic performance. Towards making them sustainable, the Nigeria government has initiated reforms, some of which in the last seven years. Despite these reforms, no study has been undertaken on the linkages among these variables with existing studies having confided themselves to looking only at the relationship between inflation and investment and the impact of in...

RELATIONSHIP BETWEEN HOUSEHOLD INCOME AND CHILD MORTALITY IN NIGERIA

To attain sustainable development goals, reduction in child mortality is necessary. However, a major challenge exists in the procurement of healthcare services by individuals which is determined to a large extent by their level of income. Adopting random effect and fixed effect methodology and using survey data from Multiple Indicator Cluster Survey (2012) and General Household Survey (2012), this study examines the relationship between household income and child mortality. For the analys...

ECONOMIC LIBERALIZATION AND INDUSTRIAL SECTOR PERFORMANCE IN NIGERIA

This paper empirically analyzes the impact of economic liberalization on industrial sector performance in Nigeria. Applying the OLS estimation technique with standard errors corrected for serial correlation on the dummy variable structural break model, this paper holds that economic liberalization has a significant impact on performance of the Nigerian manufacturing, mining and quarrying, and power subsectors, respectively and the aggregate industrial sector. The interaction of the policy wit...

ENHANCING YOUTH EMPLOYABILITY AND ENTRPRENUERSHIP WITHIN THE LOCAL LABOUR MARKET

In enhancing youth employability and entrepreneurship, the designing and funding of youth development programmes adopting a national approach is necessary but not a sufficient approach to poverty reduction. This is because there are discrepancies in the nature and rate of unemployment in various sectors, regions, communities, urban and rural areas in the country which cannot be tackled using a national approach. In other words, youth development programmes should concentrate, from formulation...

Budgeting for development Lessons from 2013 capital

Adopting the descriptive approach, this study examined the performance of 2013 capital budget in Nigeria in line with attainment of the transformation agenda in the country. The findings suggest that the level of capital budget implementation is insufficient to foster the desired development. This poor performance is attributable to inadequacy in the budget implementation plans, non-release or late release of budgeted funds and lack of budget performance monitoring. The study recommends a par...

Examination of the Dynamic relationship between Poverty and Inequality

A major challenge in both research and policy debate is the understanding of how inequality is related to poverty. Although several studies have shown that inequality plays significant role in the rising poverty, the degree of poverty in any country or region is a function of the extent of inequality in the distribution of their income. In line with this, Dreze and Srinivasan (1996), Bradshaw (2006) opined that the plain meaning of poverty is relative deprivation which is inequality. Conve...

TRADE POLICIES, EXCHANGE RATE AND DEVELOPING COUNTRY'S REAL SECTOR EXPORT PERFORMANCE

For developing countries like Nigeria, empirical evidence have shown they are faced with policy management challenge because they are mostly involved in the production and export of primary products which is often characterized by unfavorable terms of trade. The essence of this study therefore is to ascertain if trade and exchange rate policies complement each other in stimulating non-oil exports, especially the agricultural and manufacturing sectors, using both aggregated and disaggregate...

Urban Population growth and Environmental Sustainability in Nigeria

It is believed that the increasing urban population has led to rapid forest decline and degradation of the environment. This paper examines the impact of urban population growth on environmental sustainability using Nigeria data from 1981-2017. The variables used are urban population growth, fossil fuel consumption, carbon emissions, food production index, arable land, and agricultural raw material exports with renewable energy consumption and forest reserves as explanatory variables. Autoreg...

Distributional impact of public expenditure on human development in Nigeria

The purpose of this paper is to develop and apply a distributional impact assessment methodology to empirically analyze distributional impact of public expenditure on human development. For robustness of the analysis, expenditure on education, health, agriculture, rural development, energy, housing, environmental protection and portable water resources are employed as predictors of human development. The result reveals that expenditure on education, health, agriculture, rural development ...

Analyzing the Effects of Sectoral Public Spending On Human Development in Nigeria Evidence from Panel Data

This paper analyzed the effects sectoral public spending on human development in Nigeria using data from 20 states for the period1999-2012. Data on each state were generated from various issues of the Accountant-Generals’ Reports, Central Bank of Nigeria Annual Report and Statement of Accounts and United Nations Development Programme Reports. For robustness of the analysis, total, recurrent and capital public spending on education, health, agriculture, rural development, energy, housing, en...

A COMPARATTIVE ANALYSIS OF THE IMPACT OF AGRICULTURAL EXPORT ON ECONOMIC GROWTH OF ECOWAS COUNTRIES

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...

Economic Analysis of Capital Expenditure and Infrastrucral Development in Nigeria

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...

Environmental Hazards and Life Expectancy in Africa Evidence from GARCH Model

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...

Structural change, exchange rate and the asymmetric adjustment of retail energy prices in Europe

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...


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