Version-1 (Sep-Oct 2015)
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| Paper Type | : | Research Paper |
| Title | : | Impact ofExpanding Economic Activities onGovernment Expenditure inNigeria |
| Country | : | Nigeria |
| Authors | : | Osmond N. Okonkwo || Nnamocha P.N. || Emmanuel I.Ajudua |
Abstract: The main focus of this study is to investigate the impact of expansion in economic growth on government expenditure in Nigeria covering the periods 1970 to 2012. Gross Domestic Product (GDP) was used as a proxy for economic growth, and the GDP time series was decomposed using the partial sum approach in order to achieve asymmetry in the variable. The asymmetric ARDL estimation technique was appropriately employed in this study. The findings of this study revealed that expansion in economic growth has significant impact on government expenditure in Nigeria. The study further provided evidence of long-run causality from boom/expansion in economic growth to government expenditure in Nigeria but could not support any evidence of short-run causality. The researcher recommended among others, that Governments in Nigeria should give more impetus to policies that will guarantee sustainable economic growth.
[1]. Abu, N. and Abdulahi, U. (2010). "Government Expenditure and Economic Growth in Nigeria, 1970-2008:
[2]. A Disaggregated Analysis", Business and Economic Journal, 4(3): 237- 330. Available at: http://astoujournals/com.
[3]. Barro R. J. (1990). Government spending in a simple model of endogenous growth. Journal of Political Economics, 98(5): 103-124.
[4]. Buchanan J.M. and Wagner R.W. (1978).Dialogues concerning fiscal religion. Journal of Monetary Economics, 4:627-636. [5]. Buchanan, J. M. (1960). "The Theory of Public Finance". Southern Economic Journal, 26 (3): 234–238. [6]. CBN, (1994). Central Bank of Nigeria Statistical Bulletin CBN, (2006). Central Bank of Nigeria Statistical Bulletin
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| Paper Type | : | Research Paper |
| Title | : | Tax Incentives and Foreign Direct Investment in Nigeria |
| Country | : | Nigeria |
| Authors | : | George T. Peters || Bariyima D. Kiabel |
Abstract: Given the significance of Foreign Direct Investment (FDI) to economic growth and the use of tax incentives as a strategy among government of various countries to attract FDI, this study examines the influence of tax incentives in the decision of an investor to locate FDI in Nigeria. Data were drawn from annual statistical bulletin of the Central Bank of Nigeria and the World Bank World Development Indicators Database. The work employs a model of multiple regressions using static Error Correction Modelling (ECM) to determine the time series properties of tax incentives captured by annual tax revenue as a percentage of Gross Domestic Product (GDP)and FDI.
[1]. Agodo, O. (1978). The determinants of US private manufacturing investments in Africa.Journal ofInternational Business Studies,Winter, 95-107
[2]. Action Aid (2012).Tax competition in East Africa – a race to the bottom; tax incentives and revenue losses in Tanzania. Policy Brief Revenue issues among tax incentives in the mining sector. Policy Recommendation
[3]. Adugna, L. &Asefa, S. (2001, August).FDI and uncertainly: Empirical evidence from Africa.International Conference on Contemporary Development Issues in Ethiopia, Kalamazoo, Michigan.
[4]. Alfaro L.(2003). FDI and growth: Does the sector matter?
[5]. Antwi, S.(2013).Impact of FDI on economic growth: Empirical evidence from Ghana.International Journal of Academic Research in Accounting, Finance and Management Sciences. 3(1), 18-25.
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| Paper Type | : | Research Paper |
| Title | : | What Influences U.S Official Development Aid to Nigeria? |
| Country | : | Nigeria |
| Authors | : | Bayo Fatukasi || Kudaisi B.V |
Abstract: It is generally believed that aid is a charity from the rich to the poor countries to help the poor overcome their development problems. As a result of this, a number of erroneous beliefs now surround the issue of foreign aid from the donor countries (rich) to the developing countries. Despite these beliefs, U.S aid to Nigeria has been significant especially since the country returned to democracy. Late 2014, U.S promised to increase the aid to Nigeria to about $720m. It is on this that this study sought to investigate the factors influencing the increase in U.S aid to Nigeria during the period of 1980-2013.
[1]. Addison, T., Mavrotas, G. & M. McGillivray 2005, Aid to Africa: an unfinished agenda. Journal of International Development, 17; 989-1001.
[2]. America wants to send $720m foreign aid to Nigeria in 2015 Business day, August, 2014
[3]. Armah, S & Nelson, C 2008, Is Foreign Aid Beneficial for Sub-Saharan Africa? A panel Data Analysis.
[4]. Asiedu, Elizabeth & Nandwa, Boaz 2012, On the Impact of Foreign Aid in Education on Growth: How Relevant is the Heterogeneity of Aid Flows and the Heterogeneity of Aid Recipients?
[5]. Bakare, A.S. 2011, The Macroeconomic Impact of Foreign Aid in Sub-Saharan Africa: The Case of Nigeria. Business and Management Review 1(5) 24 – 32.
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| Paper Type | : | Research Paper |
| Title | : | The Preparation Of The Budget Practices In Hospitals Ethnometodology Perspective |
| Country | : | Indonesia |
| Authors | : | (RSUP Dr.Mohammad Hoesin Palembang) Hanny Oktaria || Made Sudarma || Aji Dedi Mulawarman |
Abstract: This research was done in general hospital center in the Palembang region of South Sumatra with the purpose of understand the behavior of a constituent of the budget in the process of budgetary especially planning and preparation of the budget for the determination of the budget by the use of seganti setungguan philosophy and culture of SEHAT in hospital. This research tried to understand the social reality that was in the hospital so as to involve man who had a culture created from the interaction of the interaction that carried out as the object of research, so that the pattern of the approach that was undertaken using etnometodology methods.
[1]. Agusalim. 2011. Analisis Mekanisme Penganggaran sebagai Alat Pengendalian Keuangan: Studi kasus Rumah Sakit Umum Anutapura Palu. Jurnal AKK, Vol 2 no 1.
[2]. Bogdan, R.C. & Biklen, S.K.1982.Qualitative Research For Education: An Introduction to Theory and Method. Boston: Allyn and Bacon, Inc.
[3]. Chua, Wai Fong. 1986. Radical Developments in Accounting Thought. The Accounting Review, Vol 61, No 4.
[4]. Moleong, L. 2006. Metodologi Penelitian Kualitatif. PT.Remaja Rosdakarya. Bandung.
[5]. Morgan, G.1980. Paradigms, Metaphors, and Puzzle Solving in Organization Theory.Administrative Science Quartely 25:605-22
[6]. Ritzer, G, G, & Douglas J. 2008. Teori Sosiologi (Dari TeoriSosiologi KlasikSampai Perkembangan Mutakhir Teori Sosia lPostmodern. Yogyakarta: Kreasi Wacana.
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| Paper Type | : | Research Paper |
| Title | : | External Trade Benefits and Poverty Reduction in English Speaking West African Countries(ESWACs): A Test of Panel Data Econometric Methods |
| Country | : | Nigeria |
| Authors | : | Uzomba, Peter Chika || Ajie, H. A, Ph.D, Lb, Llb || Gbosi, A. N, Ph.D |
Abstract: This research examines the impact of external trade benefits on poverty reduction in five English Speaking West African Countries (ESWACs) from 1980 to 2013. These countries include; The Gambia, Ghana, Liberia, Nigeria and Sierra Leone). The study expressed external trade benefits (ETB) as increase in export earnings (EXE), trade openness (TOP), total government expenditure (TGE) and reduction in foreign exchange rate (FER), while poverty level is expressed as real gross domestic income (GNI) per capita current US Dollar. Theoretically, the study relied on five trade theories, in practice; the study constructs a balanced panel data structure (BPDS) and methodologically, departs from the classical OLS and 1st generation panel econometric techniques to adopting recently developed 2nd generation panel data econometric methods. The results of the study reveal that external trade benefits were not found to be significant enough to reduce the poverty level in ESWACs from 1980 to 2013.This impliesthat external trade benefits did not significantly increase GNI per capita in ESWACs within the period of study.
[1]. Ajie, H. A. (2004). Export instability and external balance in developing countries. International Journal of Economics, 8(7): 123134.
[2]. Ajie, H. A. (2011). Fundamentals of monetary economics. Port Harcourt: PEARL PUBLISHERS.
[3]. Ajie, H. A. &Uzomba, P. C. (2011). Exchange rate volatility and the prices of some selected agricultural products in Nigeria, 1970 – 2008. African Journal of Humanities and Societ, 12(2): 184 – 199.
[4]. Baldacci, E., Guin-Siu, M. T., & De-Mello, L. (2003). More on the effectiveness of public spending on health care and education: a covariance structure model. Journal of International Development, 15(4): 709-725.
[5]. Denise, H. F. (2000). The benefits of free trade: a guide for policy makers. Journal of Economics and Social Studies, 8(2): 125 – 149.
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| Paper Type | : | Research Paper |
| Title | : | Analyzing the effect of credit crunch (2007-2013) on income poverty in Nigeria. |
| Country | : | Nigeria |
| Authors | : | Oleka Rogers Chimezie |
Abstract: The credit crisis which started in 2007 in United States of America has represented the gravest threat to the global financial system since the 1930s. From the Wall Street financial headquarters in the United States, across to Europe, Japan, China, the global financial system around which modern free market economy and capitalism is built was crashing. Rarely does an economic event have such a profound ripple effect on institutions and individuals throughout the world. The term credit crunch is used to baptize this global financial crisis.
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| Paper Type | : | Research Paper |
| Title | : | The high unemployment problem among educated youths in Zimbabwe: Lessons that can be drawn from other countries. |
| Country | : | Malaysian |
| Authors | : | Bhebhe Thomas B. || Professor Nair Sulochana || Professor Muranda Zororo || Sifile Obert || Chavunduka M. Desderio. |
Abstract: Research Question / Issue: The review focuses on discussing the methods, models and strategies used by other countries to resolve the problem of unemployment among educated youths for the benefit of Zimbabwe which has been grappling with the problem of unemployment since attaining independence in 1980. The review wishes to answer the question: What are the strategies, methods or models that were applied by other countries to resolve the problem of unemployment in general and of educated youths in particular?
[1]. Adato, M. and Haddad, L. (2004) Targeting Poverty Through Community-Based Public Works Programmes: A Cross-Disciplinary Assessment of Recent
[2]. Experience in South Africa, Discussion Paper No. 121, Food Con- sumption and Nutrition Division, International Food Policy Research Institute, Washington, DC.
[3]. Ajaegbu, O.O. (2014). Rising Youth Unemployment and Violent Crime in Nigeria. American Journal of Social Issues & Humanities (ISSN: 2276 - 6928) Vol.2(5) pp. 315-321 Sept. 2012. http://www.ajsih.org.
[4]. Association for the Development of Education in Africa (2014). Zimbabwe Country Report for the 2014 Ministerial Conference on Youth Employment: How to Improve Through Skills Development and Job Creation, Access of Africa‟s Youth to the World of Work
[5]. Awogbenle, A.C. & Iwuamadi, K.C. (2010). Youth Unemployment: Entrepreneurship Development Programme as an Intervention Mechanism. African Journal of Business Management, 4(6), 831-835.