Economics Articles
 /  Economics Articles
  1. Determinants of Supply and Demand of African Star Apple ( Chrysophyllum albidum ) in Abeokuta North Local Government Area of Ogun State, Nigeria

    Prof. Dicta Ogisi et. al.

    ABSTRACT The thrust of this paper was to determine the supply and demand for Chrysophyllum albidum in Abeokuta North Local Government Area of Ogun state Nigeria, with the view to establishing a causal relationship between selected factor variables that affect supply and demand. Primary data were gathered through the use of interview and semi structured questionnaire from marketers in Abeokuta North Local Government Area of Ogun State.

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  2. FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN DEVELOPING COUNTRIES: PANEL ESTIMATION FOR SUB-SAHARAN AFRICAN COUNTRIES

    AHURU ROLLE R.

    Abstract It has been widely claimed that foreign direct investment (FDI) stimulates economic growth. In this study, an attempt is made to verify this for ten selected Sub-Saharan African (SSA) countries using data spanning from 2008 to 2013 obtained from world development indicators. Preliminary analysis conducted indicates that the regression assumption tests as the ARCH test for heteroscedasticity, the Lagrangian multiplier test for higher autocorrelation and the Ramsey Reset test for mis-specification of models show that ordinary least square (OLS) estimation is appropriate.

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  3. HIV/AIDS AND AGRICULTURAL OUTPUT IN SELECTED SUB-SAHARAN AFRICAN COUNTRIES: PANEL ESTIMATION

    Igbaudumhe Peter Sede and Rolle Remi Ahuru

    ABSTRACT Sub-Saharan Africa (SSA) constitutes only ten percent of global population yet she bears sixty percent of global HIV burden. This is, by all means, an over-proportionate share of global HIV burden. In 1997, of the thirty million people living with HIV, worldwide, twenty-one million people live in SSA. The study examined the impact of HIV burden on agricultural output for eleven countries in SSA for the period 2001- 2011.

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  4. MACROECONOMICS OF OIL PRICE VOLATILITY

    Rolle Remi Ahuru and Uffie Edison James

    Abstract: Nigeria has a long history with oil. Among the challenges associated with oil, frequent changes in the prices of oil have produced macro-fiscal risk for the country. This study attempts to verity the direct and indirect impact of oil price volatility on Nigeria’s economy. The indirect impact attempts to trace the impact of oil price volatility on selected macroeconomic variables through public expenditure, while the direct impacts tied the same selected macroeconomic variables directly on oil price volatility.

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  5. PERFORMANCE ASSESSMENT AND THE DECISION TO PARTICIPATE IN SMALL AND MICRO AGRIBUSINESS ENTERPRISES IN DELTA S TATE , NIGERIA

    Prof. Dicta Ogisi and Emmanuel O. Inoni

    Abstract In order to examine the performance of small and micro agribusiness enterprises (SMAE) as well as factors that determine entrepreneur’s participation, 561 enterprises were randomly drawn from urban and peri-urban locations in Delta State, Nigeria.

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  6. Resource use efficiency and profitability of fluted pumpkin production in Ukwuani local government area of Delta State, Nigeria

    Prof. Dicta Ogisi et. al.

    Abstract The paper examined resource-use and profitability of fluted pumpkin (Telfaria occidentalis Hook F. Cucurbitaceae) production in Ukwuani local Government Area of Delta State, Nigeria. Primary data were obtained from questionnaire administered to 140 fluted pumpkin farmers drawn using systematic sampling techniques from the study area.

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  7. TAX REFORMS AND INVESTMENT IN NIGERIA: AN EMPIRICAL EXAMINATION

    NWOKOYE, G. A. & ROLLE, R. A.

    Abstract This study is informed by the quest to examine the investment implication of the series of tax reforms in Nigeria, particularly the tax reforms of 2003 and National tax policy of 2012. Annual time series data spanning the years (1981-2012) were utilized. Preliminary diagnostic test was conducted to examine whether the estimated model satisfies the OLS assumptions. The basic assumptions of the OLS were satisfied.

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  8. TESTING THE SOLOW MODEL IN NIGERIA’S ECONOMY

    Rolle Remi Ahuru and Uffie Edison James

    Abstract This study empirically tests the Solow model using the Nigeria’s economy as a case study. The study utilized the ordinary least square techniques and annual time series data spanning the years (1970-2012). The Basic Solow model and the Augmented Solow model were estimated. While the Basic Solow model was completely validated using the Nigeria’s economy, the Augmented Solow model was non-compliant with prescriptions by Romer, Mankiw & Weil.

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  9. THE IMPACT OF TAX REFORM ON FEDERAL REVENUE GENERATION IN NIGERIA

    Dickson .E. Oriakhi (PhD) and Rolle R. Ahuru

    Abstract The main objective of this paper is to ascertain the impact of tax reforms on tax revenue generation in Nigeria. Specifically, an attempt will be made to verify the relationship between federally collected revenue and specific tax revenue generation sources. The study employed annual time series data spanning the years (1981-2011). The various income taxes were used as a proxy for tax reforms. By way of preliminary test, the Augmented Dickey fuller was employed to test for unit root.

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