Abstract: A new generalized Dagum distribution called the Dagum power series distri butions is introduced and studied. This distribution is obtained by compounding Dagum and other power series distributions. The structural properties of the new distributions are discussed, including explicit algebraic formulas for its survival and hazard functions, quantile function, moments, moment generating function, conditional moments, mean and median deviations, Bonferroni and Lorenz curves, distributi...
Abstract: This study examines the relationship between government expenditure on health and economic growth in Botswana. It seeks to test the existence of cointegration and specification of the deterministic components with special reference to the Pantula Principle. This helps to overcome the shortfall of the method by Johansen, which may lead to spurious results by omitting the presence of deterministic components in the analysis. The cointegration approach is used and tested using three m...
The study investigates the relationship between foreign direct investment (FDI) and economic growth in Kenya through comprehensive regression analysis and causality tests. Theoretical literature argues that FDI inflow can transfer great advantages to the host country, however, empirical studies show that the benefits of FDI vary greatly across countries. Kenya has traditionally been one of the largest recipients of FDI in Africa, foreign investors provide intangible assets to support the oper...
ABSTRACT This paper explored some empirical studies in the topic area to uncover the role of entrepreneurship in the Nigeria economic development. The work uncovered that entrepreneurship plays a significance role in the Nigeria economic development, but that entrepreneurship in Nigeria is been confronted with some setbacks that are hindering it significance role in the Nigeria economic development there by recommending proper policy coordination and policy stability; reforms in the edu...
The Impact and Causes of the 2008 Financial Crisis In 2007, a global financial crisis rapidly gained traction from the crash of the United States housing market to the worst recession the world had witnessed in over six decades. Through an in-depth review of the crises in terms of causes, consequences and policy responses, this paper identifies the impact on Local Governments on both the revenue and expenditures side of the bu...
Abstract This study examined the impact of monetary policy instruments on inflation targeting in Nigeria over the period of1980-2017. To achieve the objective of the study, annual time series data on inflation target rates (INFTR), monetary policy rate (MPR), commercial banks deposit rate (CBDR), commercial banks deposits with CBN (CBDC) and reserve requirements (RRQT) was collected from the database of the Central Bank of Nigeria (CBN) (2018). The data was analysed using the autoregressive d...
ABSTRACT The study investigated the impact of the misery index on economic growth of Nigeria for the time period 1980-2017. Apart from Yadollah and Rouhollah which studied the impact of economic growth and good governance on the misery index in Iran, other studies have concentrated on the relationship of the index with crime, lottery games, inequality and human capital outflows. This research work therefore departs from the views of other researcher and studied the impact of the misery index...
Research Question: To what extent does Jeevika affect the income and expenditure of farmers in Gopalganj, Bihar, India?
ABSTRACT: The disposal of municipal solid waste in dump sites located near to existing properties is a serious problem in developing countries, and littering of MSW is common in the streets that does not have adequate final disposal and responsible for serious negative impacts human health and the environment. This work studies the off-site economic impact of solid waste dump on value of nearby residential properties with particular reference to Offa�...
Abstract My research paper “The effects of white-collar crime”, is to investigate the effect of this crime on the people of Bangladesh and the socio-economic status of our country. The study revealed that the companies and government institutions suffer great losses because of this crime. Money laundering, embezzlement, corporate fraud is the most common kinds of white-collar crime. Most of these crimes are committed by the person working in an important and respectable position in a...
Introduction Government’s reaction to changes in the gross domestic cycles is critical to the survival of a country’s economy. Implications of government’s action in policy making to tackle recessionary states in the economy have far-reaching consequences. There are few studies that scarcely illuminate the problem of whether the government should use economic stimulus to aid a country regain economic strength during times of recession. Economic stimulus includes fiscal policies like...
This study investigated the effect of international tourism development on economic growth inZimbabwe, using time series data spanning over the period 1980 to 2017. The main aim of thestudy was to examine whether international tourism is a pathway to economic recovery inZimbabwe. The study adopted the tourism growth model proposed by Balaguer and Cantavella-Jorda [1] and applied the Autoregressive Distributed Lag (ARDL) bounds testing approach and itsassociated Error Correction Model (ECM). T...
This study examines the interactive effects among road transport infrastructure development, economic growth and poverty level in Nigeria. This was with the view to providing empirical evidence on the linkages among road transport infrastructure, economic growth and poverty level. The study used secondary data. Annual time series data from 1980 to 2013 on road network, Real Gross Domestic Product (RGDP) and Real Consumption Expenditure per Capita were collected from Central Bank of Nigeria (C...
ABSTRACT Studies on technical efficiency and financial sustainability of firms respectively, have captured the attention of many scholars in both developed and developing economies over several decades. There are patchy empirical evidences however, that link technical efficiency and financial sustainability of small scale agro-processing firms in the context of developing economies like Tanzania. Sunflower Oil Processing Firms are of no exception as the sub-sector is dominated by small scale...