ABSTRACT The research aims to find the relationship between income inequality and economic growth in the Brazilian economy. Economic growth and income inequality are defined in the light of academic literature and their varied effect on wellbeing are explored. The research methodology selected is deductive. The data have been collected through secondary sources and a multiple regression model is used to study the relationship between the economic performance and income inequality in Brazil. ...
ABSTRACT The Kenya Vision 2030 aims at achieving a 10 percent per annum growth rate in the economy. Investments have been identified as a major channel through which this objective can be met. The government has undertaken various public investments to fuel economic growth. However, for this to be even more effective, private investments have to be taken into consideration. The government has taken various measures such as relying more on external debt to avoid crowding out private investmen...
Introduction 1.1 Objective of the Study In modern economies, entrepreneurship, as an element of production, is been acknowledged as a justifiable cause for attaining economic growth. The generation of bright prospects for employment and wealth creation has also been attributed to entrepreneurship by several scholars who view it as one of the major causal factors of the economic advancement of several nations (Dejardin, 2000; Carree and Thurik, 2002; Naude, 2008). Though these scholars critica...
This study analyzed the impact of taxation revenue on economic growth in Nigeria, the specific objectives include: Analyse the trend of taxation revenue and economic growth in Nigeria; examine the relationship between taxation revenue to economic growth in Nigeria; and determine the direction of causality between tax revenue and economic growth in Nigeria.The research made use of Real Gross Domestic Product (RGDP) as the dependent variable and Petroleum Profit Tax (PPT), Company Income Tax (C...
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...
mso-fareast-font-family:"Times New Roman"">ABSTRACT mso-fareast-font-family:"Times New Roman""> color:#231F20">This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade liberalization and economic growth in Nigeria. Using time-series data over the period 1980-2013, the study focus on instabilities in regime, trade policy, and exchange rate using both single and system estimation technique...
ABSTRACT The purpose of the study was to investigate the effect of fiscal policy on economic growth in Uganda (1985-2016). The study objectives were (i) To determine the effect of government expenditure on economic growth of Uganda (ii) To examine the effect of government tax revenue on the economic growth of Uganda and (iii) To assess the effect of government non tax earning on the economic growth of Uganda. The study was entirely secondary data which was collected from World Bank and OECD a...
ABSTRACT This dissertation reports the findings of the evaluation of the effect of public debt on economic growth in Tanzania. The specific objectives of the study were two: to find out the effect of external debt on the economic growth of Tanzania and determine the effect of domestic debt on the economic growth of Tanzania. References were drawn from the external debt components, namely multilateral debts and external debt, and domestic debt documents reviewed were treasury bills and govern...
ABSTRACTThe term ‘unemployment’ can be defined as an economic condition marked by the fact that individuals actively seeking for job remain unemployed. Unemployment is very common in under-developed nations like Nigeria and it affects graduates of various institutions of learning. The study was designed to investigate the impact of unemployment on economic growth in Nigeria for the period of 29 years (1982 – 2010). The focus of the research was to determine the cause and impacts of unem...
This article provided us with a simple, but very powerful framework to understanding how a sustainable economic growth can be actualized. Within the confines of this rational work, it was shown that agro based economy, on the long run, will not lead to a sustained economic growth while industry based economy will foster sustained economic growth. This is because industry based economy is being supported by the process of ‘capital accumulation’. Though this article showed evidence that in...
ABSTRACT In recent decades, the main and potential contribution of agriculture to economic growth has been a subject of much controversy among development economists. As some contend that agricultural development is a precondition for industrialization, others strongly object it and argue for a different path. Taking advantage of ordinary least square method (OLS), the research carried out by means of secondary data and using the independent variables. Agricultural Development (AGD), Capital ...
ABSTRACT Tax has impacted significantly on economy globally. In addition to the revenue generation function it performs for the government, it has also proved to be a useful tool of fiscal policy in achieving the country’s macro-economic objectives. In Nigeria, revenue generation from taxes has contributed substantially to the income of the government although the role of tax in promoting economic growth has not been adequately felt. Past documentations have revealed that revenue from taxes...
The major objective of this study is scrutinizing the impact of government sectoral expenditure on economic growth in East African countries over the period from 1985 to 2015. It focuses on sectoral expenditures on health, education, defence and agriculture segments. The main contribution of this research is examining expenditure components in line with current government categorization to establish these sectoral budget allocations that have impact on economic growth in order to provide a gu...
This study examined the economic relationship among agriculture and petroleum sectors and growth of Nigeria’s economy as well as the effects of these two key sectors on the economic growth. The Bound (ARDL) test which was used to examine the long-run relationship among the variables revealed that there is a long-run relationship among agricultural and petroleum sectors and economic growth. In the short run, both sectors have positive significant relationship with the economic growth. While ...
ABSTRACT This work studies the relationship between foreign private investment, capital formation and economic growth in Nigeria. One objective is to determine how foreign private investment affects capital formation in the domestic economy and the other objective is to estimate the impact of capital formation and foreign private investment on economic growth in Nigeria. In order to achieve these objectives, we estimated the model of capital formation and economic growth for Nigeria. We fou...