The main objective of the study was to estimate the responsiveness of tobacco supply to change in prices in Zimbabwe. Historical time series data from 1980 to 2015 and the OLS approach were used in order to achieve the stated objective. The study followed the adapted ARDL Nerlove (1958) logarithmic supply response model also used by Leaver (2004). All variables except for short-run technological improvements and sales quotas were found to be statistically significant. Supply of tobacco in Zim...
ABSTRACT The importance of investment in economic growth cannot be overemphasized. This has led to an upsurge in the study of its determinants. This research therefore, seeks to investigate the impact of interest rate liberalization on investment in Nigeria from 1970-2012. Using the Error Correction Model (ECM), the result indicates that a long run relationship exists among the variables. The result further reveals that all the variables have significant impact on investment. The study equa...
ABSTRACT This research work focused on the assessment of the demographic and economic determinants of infant mortality in Nigeria. To achieve the objectives of the study, infant mortality rate (measure of child health outcome) was regressed on government health expenditure, real GDP, inflation, population growth rate and population density in Nigeria. From the results, the major explanatory variables (public expenditure on health, inflation except RGDP) alongside population growth rate and ...
ABSTRACT The study examined the climate change (climate change extreme events and household climate change adaptation practice) effects on the food security status of the households in Taraba State Nigeria. The primary data used in this work was collected using a random sampling selection of three (3) agricultural zones, 5 local government areas, 10 communities, and 120 respondents from the sample frame. The 3 agricultural zones selected were zing, Bali, and Wukari. Five (5) local government ...
ABSTRACT This work discusses the effect of human capital on labour productivity in manufacturing industries in Enugu and Anambra States. The study applied the ordinary least squares and the principal component Analysis in the estimation. The evaluation results show that human capital has a positive effect on the sectoral labour productivity level of the industry. Training, Education, Medicare and Research are strongly correlated with productivity. By all econometric standards the statistical ...
ABSTRACT This study was motivated by the growing concern on the impact of Institutional Quality on economic outcomes. The study focused specifically on the Nigerian Stock Market due to its critical role in the economy as a vehicle for efficient resource allocation. The Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed using data from 1985 to 2012. The study used the ARDL model to ascertain the long-run impact of institutional quality on stock market development in Nig...
ABSTRACT This study investigates the effectiveness of monetary policy under flexible exchange rate regime in Nigeria using Ordinary Least Square approach. Quarterly time series data spanning 1980:1 – 2008:4 are used in this work. The study examines stochastic characteristics of each time series by testing their stationarity using Augumented Dickey Fuller (ADF) test. This is followed by performing co integration test using Augmented Engle-Granger (AEG) technique. The results of the cointegra...
ABSTRACT The study was motivated by the continuous rise in the poverty level in Nigeria amidst the country’s vast human and material resources that can guarantee sustainable economic growth and development and also the pervasive gender inequality that persists among households. It is on this premise that this study assessed Millennium Development Goal (MDG) with special focus on goal one and goal three, and implications for Sustainable Development .The study was guided by five research obje...
ABSTRACT The study aimed at investigating the impact of public sector investment on economic growth of Uganda from 1985 to 2016. The specific objectives were to examine the effect of investment education in health investment and transport investment on economic growth the study was carried out using secondary data collected from 1985 to 2016. And was conducted based on expost facto research design focusing on time series data. Augmented Dickey- Fuller (ADF), tests result indicate that all the...
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 GrangerCausality 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. Re...
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 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 This study examined the impact of the Foreign Direct Investment (FDI) on economic growth in Uganda using time series data from 1990-2016.The specific objectives of the study were: to examine the effect of FDI on Agricultural sector growth, Manufacturing sector growth, Industrial sector growth and Service sector growth in Uganda using Seemingly Unrelated Regression analysis (SUR). This method of analysis allows modeling of the sector growth rates on same set of FDI, Human capital, l...
ABSTRACT Achieving profitability in production is a great challenge facing chicken producers which is constrained by inefficiency and other challenges facing the chicken production industry. Technical efficiency in chicken was a strategy in mitigating the profitability problem. The study was based on technical efficiency of input on output, profitability, employment of labor in chicken production and optimal productivity of labor employed relative to cost and revenue in chicken production i...
ABSTRACT This study examines the impact of trade policy and performance of export manufacturing industries in Nigeria. It adopts time series data on a number of policy variables to determine their impacts on the manufacture exports as well as their significance or otherwise in stimulating export in Nigeria. In specific term, it also (a) identify the major determinants of manufacture exports in Nigeria, (b) determine the causal relationship existing between manufacture exports and trade poli...