Abstract: The need to diversify the economy so as to ensure sustainable economic growth has been of great concern. Accelerating productivity in agriculture is seen as one of the alternatives to support the diversification initiatives by the government and drive growth in Botswana. This study discusses the factors contributing to increased long term agricultural productivity and hence its subsequent impact on growth in the short. The study employs the vector error correction model and annual ...
Abstract: The President of Kenya, in January 2014, announced that infrastructure development would be used as the major drive to achieve economic growth during the tenure of his presidency. A notable part of the statement by the President is the requirement that the policy would involve very significant public expenditure on infrastructure. In that context, this study undertook a causality analysis between infrastructure expenditure and economic growth and labor was introduced into the frame...
One of the remarkable developments in Nigeria is the introduction of the financial inclusion program by the Federal Government in 2012. This paper examined the effects of financial inclusion on economic development and growth of Nigeria (2011-2019). Financial inclusion is the state of financial system where every member of society has access to appropriate financial products and services for effective and efficient management of resources; get needed resources to finance their businesses; an...
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...
The modern devolution development across the globe has been in part driven by assertions of a supposed ‘economic dividend’linked with the devolved expenditure. There is however, little empirical evidence to validate these assertions in Kenya. Most empirical studies across different countries have used different methods of analysis, different time periods and diverse techniques of measuring variable which have generated mixed conclusions and others are inconclusive. More so, in Kenya ...
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa. Most existing studies on the association between government expenditure and economic growth show conflicting results and mainlyfocus on developed economies. Hence this study focused on both the functional and composition of public spending of the East African countries over the period from 1980 to 2010, with a particular focus on sectoral expenditures: Education, ...
This article reviews empirical literature on the relationship between health and economic growth across different geographical jurisdictions in Ghana.
ABSTRACT The broad objective of this study is to examine the impact of minimum wages on economic growth in osun state. While specific objective are Examine the impact of percentage change in ratio of minimum wages on per capita income in osun state Assess the effect of increase in minimum wages on gross domestic product (GDP) in Osun state and Investigate the relationship between increase in minimum wages and inflation rate in osun state To achieve this objective the variables used in this st...
ABSTRACT The broad objective of this study examine the impact of capital market on economic growth in Nigeria while specific objective examine the impact of foreign capital inflow on economic growth in Nigeria assess the effect of stock market price on economic growth in Nigeria and Investigate the impact of price of securities on economic growth in Nigeria. To achieve this objective secondary data were used and were extracted from central bank of statistical bulletin from 2009-2021 and...
ABSTRACT The objective of this study is to examine the effect of value added tax on economic development in Nigeria. To achieve this purpose, secondary data were used and. The data generated for this study is adopted from Central Bank statistical bulletin 2018 which covered from 2007-2018. The data were analyzed using descriptive statistical tools and multiple regression equation “multivariate analysis”, assisted by the statistical package for social sciences (SPSS version20) in other to ...
The study examined the impact of non-renewable energy on economic growth in Nigeria. Specifically, the study sought to: investigate the impact of coal energy on economic growth in Nigeria; examine the impact of natural gas energy on economic growth in Nigeria and determine the impact of petroleum/crude oil energy on economic growth in Nigeria. This study made use of ex post-facto research design. These variables of the study consist of economic growth (RGDP); natural gas energy (GAS), petrole...
Abstract The study examined the impact of non-renewable energy on economic growth in Nigeria. Specifically, the study sought to: investigate the impact of coal energy on economic growth in Nigeria; examine the impact of natural gas energy on economic growth in Nigeria and determine the impact of petroleum/crude oil energy on economic growth in Niger...
This article empirically examines the fiscal policy elements affecting economic growthin 27 European countries and Switzerland (Without the United Kingdom). The researchobjective is to estimate the impact of macroeconomic variables such as tax revenue,government expenditure and public debt on the economic development of 28 Europeancountries. The study employs a panel ordinary least squares (POLS) technique with afixed effect estimation method. The Hausman test was applied to support the valid...
The East African Community members' strategy is focused on achieving smart, sustainable, and inclusive economic growth. This cannot be achieved without the major contribution of skills, knowledge, and innovation, commonly known as human capital formation. It is difficult to believe that these goals could be realized without a good education and training system, training development, better health sector infrastructure, a large diffusion of knowledge in the manufacturing and service sector, an...
PROPOSAL This project study the empirical investigation of the relationship between the Agricultural sector and the industrial sector as a strategy for economic Growth and development in Nigeria. The major objective and aims of this project work is to look at the effect of agricultural sector and the industrial sector in Nigeria. The data used in this project are mainly from primary survey data (by the use of questionnaire), personal interview with the respondents and secondary survey data. ...