ABSTRACT This study looked into the impact of government agricultural expenditure on economic growth in Nigeria. Time series data were gathered from secondary sources on real GDP, government agricultural expenditure, agricultural output and agricultural credit from the CBN statistical bulletin covering the period between 1981 and 2019. Econometric methods such as Augmented Dickey-Fuller unit root test, Johansen Co-integration test, Ordinary Least Squares method and Granger Causality tests wer...
In South Africa the green macroalga Ulva armoricana is the main species of macroalgae cultured. The species is currently the largest aquaculture (2884.61 tonnes) product by weight with a corresponding capacity for biogas (CH4) production. We have shown that biotransformation of U. armoricana to Liquefied Petroleum Gas (LPG) is viable and economically feasible as a clean fuel. pH toxicity tests showed that U. armoricana can be used as a health index, under potentially increased CO2 concentrati...
ABSTRACT The study is intended as a tool for development policymakers grappling with migration issues in EAC to help to clarify the basis of current EAC Partner States' migration policies in relation to the free labour movement. and indicate the potential of the existing legal framework as an enabler for a development-oriented approach to free labour movement and management in the EAC. The background of the study was that migration issues relating to the labour movement in East Africa may be ...
ABSTRACT Economic policy i.e. dominated by monetary and fiscal policies. Other policies include income, prices employment, trade and industry, money supply and government expenditure are two cardinal tools of monetary and fiscal policies respectively. Fiscal policy i.e. defined as the use of government expenditure, taxes, Borrowing and financial administration to further national economic objectives, government uses it’s expenditure and revenue activities to effect desired change in inc...
ABSTRACTThe purpose of this study was to establish the impact of taxes, inflation and governmentexpenditure on economic growth in Kenya. The study sought to establish the effect of taxes oneconomic growth, the effect of inflation on economic growth and the effect of public expenditureon economic growth. The study focused on a period of 20 years after major liberalization oftrade took place in Kenya.Secondary data was used and it was derived from various relevant bodies such as the KenyaNation...
ABSTRACT Studies have established mixed results on the relationship between financial market development and foreign direct investment. However, governance has been identified in literature to influence both financial market development and foreign direct investment, yet no study has considered the interacting of financial market development, governance and foreign direct investment. Thus, this study is of the view that governance could probably influence the relationship between financial m...
Abstract The Uganda Securities Exchange (USE) is Uganda's principal stock exchange. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to Uganda's central bank, the Bank of Uganda. The shareholders of the USE constitute brokers/ dealers and investment advisers as stated in The Capital Markets Authority Digest. "What is the Uganda Security Exchange?" pp 2. The process of achieving sustainable securities exchange ...
TABLE OF CONTENTS Cover Page ………………………………………………………………………….…………….1 Declaration …………………………………………………………………………….....……….2 Table of contents …………………………………………………….……..……………………..3 Chapter One: Introduction ………………………..…………………………...……… 5 1.1 Introduction ....................
ABSTRACT The current trade literature highlights the importance of trade reforms and export diversification as a major economic trajectory towards a sustained economic growth. A concentrated export basket is at risk of price volatility and small market size. The purpose of this study was to expose the connection that exists between trade reforms and export diversification. The objective was to determine the impact of tariff preferences and bilateral trade agreements (dummy variable) on expor...
AbstractTax studies have become increasingly sophisticated especially during the past decade and have yielded conflicting results as regards the tax matter. Some studies focus on the cost and benefit of tax incentives while a few look at whether public funds could have been better spent or if tax incentives were economically justified. Tax studies offer little guidance to policy makers who are concerned about tax rates or tax offerings and the effectiveness of employing tax incentives as an e...
This study examines the link between government expenditure and regional economic growth, overthe period 2013 to 2017. Gross County Product per capita growth is used as indicator of regionaleconomic growth. This study used Error Correction Model and Engle and Granger framework twostep procedure to investigate the long-run and short-run equilibrium relationship betweenexpenditure and regional growth. The analysis reveals that expenditure and regional growth are cointegratedand, hence a long-ru...
ABSTRACT The key aim of this thesis was to analyse the relationship among exports, foreign direct investments, government spending and economic development in Tanzania. The specific objectives of the study aimed to examine the effect of exports on economic growth in Tanzania; to inspect the relationship among foreign direct investments on economic growth, and to test the relationship between government spending (Gross national expenditure) and economic growth. Additionally, the research quest...
ABSTRACT The objectives of this report are to: Examine the development and current state of the Nigerian timber market with reference to the production and consumption as well as availability of TTPs (in volume and value); Examine the development and current state of imports of TTPs to Nigeria, their distribution channels, end uses and the share of TTPs from Africa; Analyse the internal and external environment of the tropical timber market to identify constraints to the expansion of import...
1.BACKGROUND OF STUDY Since its independence in 1960, Nigeria has been trying to transform its status from a third world economy to a first world economy. This has resulted to successive governments launching and implementing different economic programmes to achieve this aim ranging from the First Economic Development Plan, Second Economic Development Plan, Third Economic Development Plan, Green Revolution, Structural Adjustment Programme, Vision 2010, National Economic Empowerment and Develo...
ABSTRACT Real estate investment trust performance is an ideal indicator of real estate industry as well as the whole economy. Since its onset in Kenya, REIT has been experiencing tremendous rise in profits from Ksh.106 Million in 2016 to 171 Million in 2017 and 193 Million in 2018. Whereas it has been experiencing increase in its profits there has been fluctuation in its stock returns over the years. A Real Estate Investment Trust phenomenon is a new venture in Kenya and Africa at large bring...