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| Paper Type | : | Research Paper |
| Title | : | Collaborative and Linkage Programs Between TVET Institutions and the Industry. A Case of TVET Institutions in North Rift Region, Kenya |
| Country | : | Kenya |
| Authors | : | Wilberforce Manoah Jahonga || Bernadette Canute || Elizabeth J. Murey || Catherine Otunga || Dr. Catherine Kiprop || Dr. Kosgey Z. |
Abstract: The industry-institute relationship as a result of industrial attachment program among TVET institutions plays a key role in ensuring up to date skill transfer among TVET graduates. This paper highlights the various forms of collaboration between TVET institutions and Industry in Kenya through an industrial attachment program. The study focused on TVET institutions in North Rift region, Kenya. The study adopted descriptive survey design. Stratified proportionate simple random sampling technique was used to select a sample of 245 respondents which included 30 lecturers, 3 industrial liaison officers, 5 workplace supervisors and 207 TVET students...........
Keywords: Industrial Attachment Program, collaboration, industry
[1]. Altbach S.(2003) Academic dependency and the global division of labour, In the social science in current sociology 51(6),599-613
[2]. Bertrand, O. (2004). Planning Human Resources. Methods, experiences and practices,(2nd ed.).Paris: IIEP-UNESCO.
[3]. BillettS.(2002).Learning through practice: beyond informal and towards a framework for learning through practice in Revisiting Technical and Vocational Education in sub-Saharan Africa: An Update on Trends, Innovations and Challenges UNESCO, IIEP.
[4]. Burns, R.B. (2000). Introduction to research methods in education. Melbourne; Longman Cheshire pty limited.
[5]. Cedefop (2016). Governance and financing of apprenticeships. Luxembourg: Publications Office. Cedefop research paper; No 53.
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| Paper Type | : | Research Paper |
| Title | : | Analysis of Brand Loyalty using Homogeneous Markov Model |
| Country | : | India |
| Authors | : | Aparna Bairagi || Sarat Ch. Kakaty |
Abstract: This paper is an attempt to explain the Brand Loyalty of consumers towards the different brands of beverages. The homogeneous Markov Model is used to explain the Brand Loyalty, and to find out the long-term probabilities of market share of these brands. The commonly used five brands of beverage like Horlicks, Bourn Vita, Viva, Boost and Complan have been brought under consideration while the other brands available have been grouped together as "Others"...........
Keywords: Brand Loyalty, Homogeneous Markov Model, Transition Probability Matrix Long-Term Market Share.
[1]. Chan, Ka and Ching, (2015). "Market Share Modelling and Forecasting using Markov Chain Model and others". International Journal of Innovative Computing Information and Control, Vol. 11 Number 4, August 2015. ICIC International 2015 ISSN 1349-4198.
[2]. Colombo, A. R. and Morrison, D.G. (1989), "A Brand Switching Model with Implications for Marketing Strategies", Marketing Science Vol.8 No.1 winter. URL: http: //www.jstore.org/stable/184107.
[3]. Whitaker, D.(1978), " The Derivation of a Measure of Brand Loyalty Using a Markov Brand Switching Model". The Journal of the Operational Research Society, Vol.29, and No.10 (Oct 1978, URL: http://www.jstore.org/stable/3009470.
[4]. Kuehn A.A. and Day L.R.(1964), "Probabilistic Models of consumer Buying Behaviour", Journal of Marketing, Vol.28 (October 1964),pp.27-31.
[5]. Harry, F. and Benjamin, L (1962), "The Dynamics of Brand Loyalty A Markovian Approach" Operation Research, Vol. 10, No 1 (Jan.-Feb., 1962), pp. 19-40. URL: http//:www.jstor.org/stable/167867.
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| Paper Type | : | Research Paper |
| Title | : | Analysis of the Impact of Oil Revenue on the Nigerian Economy |
| Country | : | Nigeria |
| Authors | : | Musa Yelwa Abubakar || Sunusi Sa'ad Ahmad || Sabiu Bariki Sani || Abdullahi Yaro Jinjiri |
Abstract: Oil revenue is indeed an important component of economic growth of the recipient nations. Therefore, most of the oil-rich nations invest the revenue from the oil sector into the non-oil sectors for strategic reasons. However, over the past five decades there has been a blur in the practicality to fulfilling this purpose in the context of Nigerian economy. So far, there is high inconsistency on the utulisation of such oil revenue in Nigeria. Using a multivariate regression analysis, this study aims at critically analysing the impact of oil revenue on the Nigerian economy. Findings indicate a high insignificance in establishing the flow of oil revenue into the key economic sectors in Nigeria.
Keywords: Oil Revenue, Rent-seeking, Dutch Disease, Nigeria
[1]. CIA Fact Book, 2012, The World Fact Book- Nigeria. [Online] Available at: https://www.cia.gov/library/publications/the-world-factbook/geos/ni.html [Accessed on 21 June, 2012]
[2]. OPEC. 2012. OPEC Share of World Crude Oil Reserves. [Online]. Available at: http://www.opec.org/opec_web/en/data_ graphs/330.htm [Accessed 11 August 2012].
[3]. Paki, F.A.E., and Ebienfa, K.I. 2011. Militant Oil Agitations in Nigeria's Niger Delta and the Economy. International Journal of Humanities and Social Science. 1(5); pp 140-145. http://www.ijhssnet.com/journals/Vol._1_No._5;_May_2011/17.pdf
[4]. Businessday. 2011. Nigeria oil revenue rose 46% to $59bn in 2010 on improved security. National Daily Published on 15/4/2011. [Online]. Available from: www.businessdayonline.com/NG/index.php/news/76-hot-topic/20504-nigeria-oil-revenue-rose-46-to-59bn-in-2010-on-improved-security [Accessed 10 July 2012]
[5]. Abubakar, J. 2011. Nigerians listed among world's poorest people. [Online] Available at: http://www.dailytrust.com.ng/index.php/ business/11987-nigerians-listed-among-worlds-poorest-people [Accessed last on 2 August, 2012]
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| Paper Type | : | Research Paper |
| Title | : | Market Penetration and Investment Pattern: A Study of Mutual Funds in India |
| Country | : | India |
| Authors | : | Rakesh Kumar |
Abstract: This paper discusses the market penetration and investment pattern of mutual funds in India. There is very large scope for the penetration of mutual funds both geographically and investors' classes. For, the population served by such firms is meager and concentrated. The Top-15 cities contribute to 87% of the entire assets under management by mutual fund companies in the country. Besides, large share is cornered by corporates and high net worth individuals...........
Keywords: Debt and Equity, Investment Pattern, Investment Strategy, Market Penetration, Schemes
[1]. Adajania K. E. (2013), ―MF Industry Needs to Look at Standardization in a New Light‖, HT Mint, September 04.
[2]. Armstrong G. & Kotler P. (2009), ―Marketing. An Introduction‖, 9th ed. Prentice Hall.
[3]. Halan M. (2013), ―Why do Indians Buy so much Gold Jewelry?‖ HT Mint, June 11.
[4]. Kotler P. (2000), "Marketing Management Analysis, Planning Implementation and Control", Englowood Cliffs, New Jersey Prentice Hall, Inc.
[5]. Kotler P., Keller K. L. (2008), ―Marketing Management‖, 12th ed., Prentice-Hall
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| Paper Type | : | Research Paper |
| Title | : | Causal Relationship between Public Investment and Economic Growth: Evidence from Bangladesh |
| Country | : | Bangladesh |
| Authors | : | Md. Sayeem - Bin - Hafiz || Md. Tanvir Hasan |
Abstract: The paper explores the causal relationship between public investments and economic growth in the case of Bangladesh in the period 1976 - 2014, using a Vector Autoregression Model (VAR). Based on literature review, the model also includes private investment, inflation, real interest rate, money supply, and foreign direct investment besides public investment. The GDP growth rate is used as a measure of economic growth, but public investment along with private investment, money supply, and foreign direct investment is expressed as ratios of GDP. Our ECM model estimates indicate the existence of a long-run relationship between public investment and economic growth. According to the grander causality test this study shows that there exists no short run causal relationship between public investment and economic growth............
Keywords: Public Investment, Economic Growth, Cointegration Test, Private Investments, Gross Domestic Product (GDP), FDI.
[1]. Abubakar, A. B. and Bala, A. J. (2016), Nexus Between Domestic Investment, FDI and Economic Growth: Empirical Evidence from India, International Journal of Management, Accounting and Economics, 3(3), 174-184.
[2]. Fatima, G. (2012), Joint impact of investment (public and private) on the economic growth of Pakistan: (co-integration approach), International Journal of Humanities and Social Science, 2(15), 171-176.
[3]. UNCTAD (2009), Public investment: Vital for Growth and Renewal, but should it be Countercyclical Instrument?, The role of public investment in the social and economic development proceedings of the international conference in New York and Geneva: United Nations 2009.
[4]. Lloyd, P. (1999), The Regional Development Agencies and Social Inclusion: Widening the Agenda, Environment and Planning C-Government and Policy, 17(6), 701-713.
[5]. IMF (2015), Making Public Investment More Efficient". Washington, DC: IMF
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| Paper Type | : | Research Paper |
| Title | : | Comparative Analysis of The Effects of Microfinance Services on The Technical Efficiency of Cassava Farmers in Kogi State, Nigeria: A Stochastic Frontier Production Function Approach |
| Country | : | Nigeria |
| Authors | : | David, Adama Monday || Okoye, Chukwuemeka Uzoma |
Abstract: Nigeria is the largest producer of cassava in the world but its output per hectare fall short of what is obtainable in other countries of the world. Besides, cost of cassava production per ton is very high. This study
examined the effects of microfinance services (MFSs) on the technical efficiency (TE) of cassava farmers in
Kogi Sate, Nigeria; using cross-sectional data. The study used a two-stage random and purposive/proportional sampling technique for the selection of 240 cassava farmers. 120 of these farmers were clients of microfinance institutions (CMFIs) while the rest 120 were non client of microfinance institutions (NCMFIs). The analytical
techniques involve the estimation of TE following one-step approach of Maximum Likelihood Estimation (MLE) procedure available in FRONTIER 4.1.............
Keywords: Stochastic frontier, technical efficiency, inefficiency, microfinance services, effects, Nigeria.
[1]. Abdulai, A and W.E. Huffman (1998). "An Examination of Profit Inefficiency of Rice Farmers inNorthernGhana".Staff Paper No. 296, Department of Economics, Iowa State University.
[2]. Akiram,W. et al (2008). "Agricultural Credit Constraints and Borrowing Behavior of Farmers in Rural Punjab". European Journals of Scienctific Research ISSN 1450- 216X Vol.23 No.2 (2008), pp.294-304
[3]. Antonio, C.A. (2002). Cassava Biology, Production and Utilization: The Origin and Taxonomy of Cassava. CABI Publishing; Brazil. Pp. 1-343.
[4]. Arene, C.J (2008). Agricultural Economics: A Functional approach. Price publisher, Nsukka, Nigeria. Pp. 65-100.
[5]. CBN(2004) in: Nweke, F. (2004). "New Challenges in Cassava Transformation in Nigeria and Ghana". Discussion papers No.118. Environmental and Production Technology Division, International Food Policy Research, Washington D.C 2006, USA.
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| Paper Type | : | Research Paper |
| Title | : | Determinants of Lending to Small and Medium Enterprises by Commercial Banks in Kenya |
| Country | : | Kenya |
| Authors | : | Shikumo, David Haritone || Mwangi, Mirie |
Abstract: Small and Medium Enterprises (SMEs) access to external finance is an issue of significant research interestto academicians. Commercial banks consider many SMEs not to be credit worthy because of their inability to meet some banking requirements. Hence, the objective of this study was to investigate what determines lending to SMEs by commercial banks in Kenya. To achieve the study objectives, a descriptive research design was employed. The study undertook a census of the 43 commercial banks in Kenya, with full data being obtained for 36 institutions...........
Keywords: Lending, Small and Medium Enterprises, Commercial Banks
[1]. Abdesamed, H. K. &Wahab, A. K. (2014). Financing of Small and Medium Enterprises (SMEs): Determinants of Bank Loan Application. African Journal of Business Management, 8(17), 717-727
[2]. Agyapong, D., Agyapong, G. K.&Darfor, K. (2011).Criteria for Assessing Small and Medium Enterprises' Borrowers in Ghana.International Business Research, 4(4), 132-138
[3]. Alhassan, F. &Sakara, A. (2014). Socio-Economic Determinants of Small and Medium Enterprises (SMEs) Access to Credit from the Barclays Bank in Tamale-Ghana. International Journal of Humanities & Social Science Studies, I (2), 26-36
[4]. Asantey, J. O. &Tengey, S. (2014). The Determinants of Bad Loans in Financing Small and Medium-Size Enterprises in the Banking Sector in Ghana: A Factorial Analysis Approach. International Journal of Research in Business Management, 2 (11), 13-26