Abstract Changes in comparative advantage should reflect changes in factor endowment, but increasingly, changes in trade policies also affect a region’s trade performance. Based on the arguments in Balassa’s stages of comparative advantage thesis, this paper looks at the comparative cost advantage empirical evidence from Asia. Although the RCA measurement may not distinguish between the factor endowments effects from the trade policy effect, i argue that RCA measures provide indication ...
Studies have proven that volatilities in the rates of exchange and interest influence the performance of institutions and the values of their shares. This study investigates empirically the effect of exchange rate and interest rate volatilities on stock prices of f inancial institutions listed on the Ghana Stock Exchange using monthly data spanning the period January 2000 to October 2016. The generalized autoregressive conditional heteroskedastic (GARCH) model is employed for the analysis. Th...
Artificial intelligence (AI) is a relatively new threat to traditional labour market as it is known today. This paper examines the effect of Artificial intelligence use by firms on the Nigerian labour Market. The study obtains data from Workers from across Nigeria as sample, the survey was carried out using Google forms which removed transportation cost to different part of the Nation gathering 140 respondents. The study applied both quantitative analyses by tabular analysis and qualitative a...
Abstract This study test for the validity of Milton Friedman’s Quantity Theory of Money, using Nigeria Data. Variables tested against real money demand for Nigeria were real income, bonds, equities, stocks, wealth, and inflation rate. The study used annual time-series spanning 47 years, a sample period from 1970- 2016. Methodically, this study models a standard money demand function and employed the use of ADF - Fisher Chi-square and Phillips-Perron test statistic to test for the unit root,...
The Environmental Kuznets Curve (EKC) hypothesis is a presumption that environmental degradation follows an inverted U-shaped trajectory in relation to economic growth. The thorny question of whether economic growth could provide a cure to environmental degradation has sparked off a large body of empirical studies in the last decade. The conclusions have been mixed. This study contributes to the debate on the existence and empirical test of the EKC for Nigeria by applying Ordinary least Squar...
ABSTRACT The study seeks to empirically analyze the impact of Foreign Direct Investment on sectoral performance in the Nigeria economy, using maritime sector as a case of study. The data for the research study was extracted from CBN statistically bulletin volume 25, 2018 edition. The methodology is ordinary least square were foreign direct investment was regressed on Foreign Direct Investment, Interest rate, Exchange rate, on Nominal Gross Domestic Product. Some econometrics tests were conduc...
ABSTRACT The study was centred on the roles of revenue mobilization in the economic growth and development. The main objective of the study is to examine the roles of revenue mobilization in the economic growth and development in Akwa Ibom State. Primary and secondary data sources were applied and the population of this study is 57, however,the sample size used was 50. The research instrument used for thefiled survey of this research work includes: oral intervi...
ABSTRACT This study assessed the effect of the use of instructional materials for teachingEconomics in Secondary Schools in Gwagwalada Area Council Abuja, Nigeria.The study was conducted with six research objectives; also, six researchquestions were answered. The study adopted survey research design. Thesample for the study was arrived at using proportionate sampling technique,hence the total of twelve (12) teachers a...
ABSTRACT The study examined the relationship between foreign direct investment and Agricultural development in Nigeria Economy. Time series data were used for analysis and the time frame covered the period of 1986-2016. The data used were sourced from CBN statistical bulletin and world development indicators. The Jacque Bera statistics is used to analyse the data and to test the normality of the variables while the correlation matrix was employed to test for the correlati...
This article aims to examine the long-run equilibrium relationship between bilateral trade linkages and stock market correlations of Australia and China using quarterly data from 1993 to 2015. Further, this study explores the impact of trade intensity on stock market correlations using OLS, Dynamic OLS (DOLS) and Fully Modified OLS (FMOLS) models. The empirical results confirm that there is a significant long-run relationship among the variables. In addition, our results, based on OLS, DOLS a...
TABLE OF CONTENT Title Pagei Certificationii Dedicationiii Acknowledgementiv-v Table of Contentvi-vii CHAPTER ONE 1.1Introduction1-3 1.2Statement of Problem4 1.3Objectives of the Study5 1.4Significance of the Study5-6 1.5Scope of the Study6 1.6Statement of Hypotheses6-7 1.7Limitations of the Study7-8 1.8Definition of Operational Terms8-9 CHAPTER TWO 2.0Literature Review11-13 2.1.0Definition of Public Private Partnership13-19 2.1.1Importance of Public Private Partnership19-21 2.1.2Types of Pub...
The Project actually addresses the Problem; Unemployment in Nigeria, Using Shomolu Local Government as the case study and their Youths, which was later used to make Generalisation, on impacts of unemployment. on the youths of Nigeria. ABSTRACT Economists believe that the economy achieves full employment when not more than 6 percent of people are unemployed and become redundant. Unemployment has become a global phenomenon, as an active instigator of economic problems; it has thrown challen...
In India, there is too much pressure emanating from the labour legislations which has led to the complicated Labour regulation system. The India Legislations are viewed as a major factor that negatively affects the economic growth of India. This paper thoroughly examined the interlinkages between labour legislation and economic development for India and also the Indian States. For taking into cognizance of the regulations governing the employment and labour markets in India as well as the eff...
State government is faced with varieties of difficulties to source adequate revenue from federal government and internally generated revenue; such problems are gear wheel to the smooth running of state government administration. Thus, the objective of this research was to analyze the extent to which tax evasion had affected revenue generation of Oyo state government. The researcher used secondary method of data collection to generate the needed data. The following were some of the findings wh...
Purpose – The paper was written to highlight the advantages of initiating economic integration among Muslim countries across the globe, drawing special lessons from Europe’s experience; its successful economic integration and challenges which trailed the process. Design/methodology/approach – The methodology is basically descriptive and analytical. Theoretical construct and model on economic integration was developed for adoption by the Muslim countries. The model seeks to enhance th...