Author: Peter F. Offum and Chikulirim E. IhuomaVolume: 60 Issue No:3 Year:2018Abstract: This paper examined the causal relationship between the capital market and the performance of the industrial sector in Nigeria from 1985 to 2015. The paper derived its theoretical basis f...
Author: S. Akinmayowa Lawal, Joseph Barry and Femi OmololuVolume: 60 Issue No:1 Year:2018Abstract: In Nigeria multiple forms of health care delivery are widely available to people, making health care increasingly complex. As the population of the country continues to grow, t...
Author: Benedict Anayochukwu OzurumbaVolume: 60 Issue No:1 Year:2018Abstract: The paper empirically analysed the econometric dynamics of foreign and domestic investments for sustainable growth in Nigeria. In carrying out the investigation, expost research method, focusing on...
Author: Joseph Okwori and John AbuVolume: 60 Issue No:1 Year:2018Abstract: This study examined the feedback of inflationary recession based on its response to monetary and fiscal policies in Nigeria. This is against the postulation of A.W. Phillips in 1958 who assumed a nega...
Author: Ahmed Yusuf Taheer, Abraham A. Alexander and Yakubu Joy AsmauVolume: 60 Issue No:1 Year:2018Abstract: This paper investigates the relationship between defence expenditure and economic growth in Nigeria 1970-2015 proxied by gross domestic product (GDP), social sector ...
Author: Ikechukwu A. Mobosi, Stella I. Madueme & Busayo Victor OsuntuyiVolume: 59 Issue No:2 Year:2017Abstract: The relationship between fuel energy consumption and income growth has attracted much attention in economic literature. The views on the direction of this rela...
Author: Tolulope Osayomi and Oluwatosin AdeniyiVolume: 59 Issue No:1 Year:2017Abstract: This paper empirically analysed the spatial distribution and identified key determinants of foreign direct investments (FDIs) in Nigeria using data on the 36 states and the Federal Capita...
Author: F.C. Amaechi, A.A. Aderinto, U.A. Ojedokun, O. TadeVolume: 59 Issue No:1 Year:2017Abstract: Illicit trading in new naira notes is a common practice in Nigeria despite the Central Bank’s Act of 2007 proscribing all forms of naira abuse. This study investigated the s...
Author: Ben Obi, Oyelayo Michael, Adolphus JamesVolume: 59 Issue No:1 Year:2017Abstract: This paper empirically examines the response of total factor productivity to energy use in Nigeria. The lack of access to substantial energy which has resulted in low productivity is the...
Author: Olawunmi Omitogun and Emmanuel Adedayo LongeVolume: 59 Issue No:1 Year:2017Abstract: This study investigated the impact of human capital investment on school enrolment in two selected anglophone West African countries over the period 1986 to 2013. Dynamic heterogeneo...
Author: Mohammed Yelwa, Micheal Jimaza and Musa Abdullahi SakankoVolume: 59 Issue No:1 Year:2017Abstract: One of the most viable sectors that is perceived to significantly improve the livelihood of the majority is the informal sector. It not only provides business opportunit...
Author: Olaniyi Evans and Olufemi SaibuVolume: 59 Issue No:1 Year:2017Abstract: This paper evaluated the impact of monetary and exchange rate policies on economic diversification in Nigeria using the ARDL approach for the period 1981-2014. The paper derived two distinct indi...
Author: Adeolu O. Adewuyi and Olabanji B. AwodumiVolume: 59 Issue No:3 Year:2017Abstract: This study examined the effect of export diversification on pollution in Nigeria from 1981-2014. Based on the autoregressive distributed lag (ARDL) model, the results reveal that export...
Author: P. Siyan and S.M. OjonyeVolume: 59 Issue No:3 Year:2017Abstract: Export diversification has become one of the most important economic policy objectives of growth and development strategies for many countries, including Nigeria. Export diversification is important for...
Author: Lionel Effiom and Peter UbiVolume: 59 Issue No:3 Year:2017Abstract: Two foundational pivots define a developmental state: the national ethos or objectives of that state and the institutional mechanisms, structures, organizational configurations or characteristics in ...
Author: Olatunji A. Shobande and David Mautin OkeVolume: 59 Issue No:3 Year:2017Abstract: This paper examines the nexus among SMEs financing, diversification and long-term growth in Nigeria over the period 1995-2014 using quarterly data. On the basis of the diagnostic tests,...
Author: Olu Jeremiah, Emmanuel O. Okon & Ekere J. DanielVolume: 59 Issue No:3 Year:2017Abstract: With a population of about 173 million people, Nigeria is the largest country in West Africa and accounts for 47% the region’s population. It is also the biggest oil export...
Author: Stephen K. Dimnwobi, Ebele S. Nwokoye, Chukwunonso S. Ekesiobi and Clement I. IgbanugoVolume: 59 Issue No:3 Year:2017Abstract: Transportation infrastructure is indispensable for the diversification of an economy. This paper investigates the empirical link between tra...
Author: Damian Bernsah LawongVolume: 58 Issue No:2 Year:2016Abstract: Due to the focus on macroeconomic stability by policy makers and academia this paper is linked to the growing literature that incorporates banks into dynamic stochastic general equilibrium models. The pape...
Author: Akin Iwayemi & Kilishi A. AbdulhakeemVolume: 58 Issue No:2 Year:2016Abstract: In recent times, the focus in growth literature has shifted from understanding how countries can achieve economic growth to understanding how they can attain sustainable inclusive growt...