Social and Behavioral Sciences Commons^™

Why Employers Use Flexible Staffing Arrangements: Evidence From An Establishment Survey, Susan Houseman

Susan N. Houseman

No abstract provided.

Laborious Law, Bas De Gaay Fortman

Human Rights & Human Welfare

Inaugural Address at Utrecht University, on the occasion of accepting the Chair in Political Economy of Human Rights 21 MAY 2001

This paper may be freely circulated, either electronically or on paper, on condition that it not be modified in any way and that the rights of the author are in no way infringed. You may provide a link to this paper on any Web site. You may not, however, post it on another site without the author's express permission.

St. Joseph County Benchmarking Study, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

For Providence, Another Era Of Greatness?, Chester Smolski

Smolski Texts

"Providence has come a long way from just 20 years ago when a visitor coming into the city by rail would find sprayed across the walls of the nearly empty Union Station such epithets as 'Providence is the pits' and 'Welcome to dead city.' And it was. I know because I lived there."

Bank Lending Behaviour And Output Growth: An Empirical Analysis With Implication For Monetary Policy Formulation In Nigeria, Joseph O. Nnanna

Economic and Financial Review

Preliminary findings from the empirical analysis show that the banking sector has not supported real sector output growth in its lending policy. The combined effects of risk aversion and infrastructural problem in the real sector represent serious constraints on credit flow to the private sector and the sectors declining marginal product of capital. Overall, while the banking sector has indeed, succeeded in deposit mobilization, it has nevertheless, not done a good job in its intermediation functions. The analysis further reveals the presence of policy distortions in the system, and its negative influence on banks' lending behavior. The need to address …

Nigeria's Economic Growth: Performance And Determinants, Essien Abel Essien

Economic and Financial Review

in this paper some recent developments in time series econometrics, which is of great potential for extending the frontier of economic research is applied to Nigerian data in order to estimate a production function type equation as well as examine the key macroeconomic determinants of economic growth in Nigeria. Of particular application is the vector error correction modelling technique. Apart from the determination of criteria for selecting the lag length, the paper also explored variance decomposition and effect of shocks through the impulse response function. Results from the econometric analysis revealed that output was elastic to capital injection in the …

Analysis Of Formal Lending To The Agricultural Sector In Nigeria: 1978 - 98, Dayo Phillip

Economic and Financial Review

Towards the attainment of the goals of the Nigerian agricultural sector, relevant policies have been formulated and implemented during the post-independence years. The agricultural credit policy, among several others, was aimed at ensuring adequate funds for the agricultural sector. The objective of this paper is to estimate the relationship between formal lending to agriculture and some assumed determinants of agricultural credit lending during the 1978- 98 sample period. Lending by financial institutions to the agricultural sector was viewed for the pi11pose of model development in this study as the "supply of credit" to agriculture. Thus, the sets of determinants of …

Developments In The Insurance Industry In Nigeria In 1999, Central Bank Of Nigeria Cbn

Economic and Financial Review

This report indicates that the size of Nigeria s insurance industry shrank in 1999, according to a survey conducted by CBN. The development was sequel to the exit of some insurance companies that could not fulfil the recapitalisation requirement by the National Insurance Commission (NA/COM). However, paid-up capital in the industry increased by 7.1 per cent in 1999, owing to the additional equity capital injected into the joint-venture insurance companies. Aggregate income and expenditure in the industry increased, although expenditure grew faster during the year under review. The investments of the insurance companies declined by 11.2 per cent from its …

Long Memory In Turkish Inflation Rates, Haluk Erlat

Topics in Middle Eastern and North African Economies

No abstract provided.

Inflation And Output Growth In Turkey, 1963-1999, Tevfik F. Nas, Mark J. Perry

Topics in Middle Eastern and North African Economies

No abstract provided.

Policy And Progress In Moroccan Agriculture: A Retrospective And Perspective, Channing Arndt, Wallace E. Tyner

Topics in Middle Eastern and North African Economies

No abstract provided.

Simulation Of Risks And Benefits From A Money Purchase Pension Scheme For Turkey, Serdar Sayan, Ahmet Tuncay Teksoz

Topics in Middle Eastern and North African Economies

No abstract provided.

Assessing The Performance Of Islamic Banks: Some Evidence From The Middle East, Abdel-Hameed M. Bashir

Topics in Middle Eastern and North African Economies

No abstract provided.

Does An Exchange-Rate-Based Stabilization Programme Help For Disinflation In Turkey?, Oner Guncavdi, Benan Zeki Orbay

Topics in Middle Eastern and North African Economies

No abstract provided.

Country Concentration Of Turkish Exports And Imports Over Time, Guzin Erlat

Topics in Middle Eastern and North African Economies

No abstract provided.

Trade, Growth And Information Technology: Potential For Egypt's Regional And Global Integration, Nagla Rizk

Topics in Middle Eastern and North African Economies

No abstract provided.

The Effects Of Financial Liberalization On The Tunisian Banking Industry: A Non-Parametric Approach, Wade D. Cook, Moez Hababou, Gordon S. Roberts

Topics in Middle Eastern and North African Economies

No abstract provided.

Emerging Markets And Volatility Of Real Exchange Rates: The Turkish Case, Saziye Gazioglu

Topics in Middle Eastern and North African Economies

No abstract provided.

Incentive-Based Regulations And Bank Restructuring In Egypt, Alaa El-Shazly

Topics in Middle Eastern and North African Economies

No abstract provided.

Do Crime-Related Expenditures Crowd Out Higher Education Expenditures?, Michael L. Marlow, Alden F. Shiers

Economics

Fears about insufficient public education spending are often expressed in the area of higher education, whereby it is often argued that increases in expenditures on crime-related programs crowd out expenditures on higher education. This view suggests that higher education and crime-related programs directly compete for government expenditures so that what one program gains the other must lose as in a zero-sum game. A competing hypothesis is that higher crime-related spending leads to higher taxes or public debt issuance or to lower spending on programs other than higher education. We estimate a three-equation model of spending on crime-related programs, spending on …

The Role Of Development Finance Institutions (Dfis) In The Financing Of Small-Scale Industries (Ssis)., O. E. Essien

Bullion

The post-independence Nigerian government adopted the import-substitution large-scale industrialisation strategy to accelerate the country's industrial development. Industrial output as well as industry's contribution to the gross domestic product (GDP) declined in the face of the strong national aspiration for the restructuring of the economy and reduction of the dependence on petroleum. Small and medium scale industries have since become the focus of national industrial policy. ln order to put our discussion into proper perspective, we need to know what we mean by SSls in the Nigerian context. The following are the current official definitions of industrial enterprises adopted by the …

Financial Small-Scale Business Under The New Cbn Directive And Its Likely Impact On Industrial Growth Of The Nigerian Economy., O. J. Nnanna

Bullion

This examines the prospects of the current drive to ensure efficient and sustainable credit delivery system to the SSls. The rest of the paper is divided into three broad sections. The first section reviews and appraises past financing programmes / schemes, highlighting the major constraints on their performance. The current initiative of the Bankers' Committee is discussed in section two, focusing on its likely impact and underscoring the needed complementary policy measures. Section three summa-rises and concludes the paper.

Institutional And Other Constraints To Non-Oil Exports., R. O. Madaki

Bullion

This paper examines the non-oil exports sector in Nigeria which had witnessed a lacklustre performance despite the several statements of government's interest in export-biased growth strategy and the establishment of several export facilitating institutions. The paper further observes that a major problem with Nigeria's non-oil export sector is that it is not predicated on the design and implementation of appropriate and coherent economic policies as there is no clear export promotion blue print in Nigeria. Consequently, the sector is facing a number of institutional and other domestic and external problems. The remaining part of the paper briefly highlight some of …

Non-Oil Exports Promotion. Concepts, Issues And Prospects., Kola D.

Bullion

The most recent data available on the structure of the Nigerian ^ economy are those for year 2000, which reflect the current structure and the main features of the economy. (see Annex 1) They indicate that the agricultural sector accounted for 41 .5o/o of the nation's GDP, while manufacturing contributed 5.95%, finance and insurance, 9.59%, crude petroleum, 10.42%, wholesale and retail trade, 11.58%, and government services 9.35%. It is a well-known fact that primary non-oil products dominated Nigeria's export trade and formed the bedrock of her economy in pre and immediate post-independence era. The issues discussed include the definition of …

Financing And Promoting Small-Scale Industries. Concept, Issues And Prospects., C. M. Anyanwu

Bullion

The importance of small-scale industries in promoting industrialization and economic growth has been recognized globally. This paper discusses the concepts and issues that are associated with the financing and promoting of small scale industries. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. Small-scale industries development can be used for achieving the objectives of the poverty alleviation programme of the Government, given that they are highly labour intensive. Nigeria is blessed with vast natural resources, including oil, gas and solid minerals, already confirmed to exist in commercial quantities. She …

Creating An Enabling Environment For Small-Scale Industries., K. M. Obitayo

Bullion

This paper explores how to create enabling environment for the development of small-scale industries (SSIs) which are globally noted for their immense contributions to development process and as engine of economic growth. The rest of the paper is divided into five sections. Section ll reviews the definition of SSls and highlights some relevant economic significance of SSls, Section lll reflects government's past efforts in supporting the developments of SSIs in Nigeria. Section lV discusses SSls constraints while Section V dwells on the key policy issues for creating an enabling environment for SSls. Finally, Section Vl, provides the concluding remarks and …

Welcome Address On The Launch Of The Small And Medium Industries Equity Investment Scheme (Smieis), J. O. Sanusi

Bullion

This is an address by the Governor of the Central Bank of Chief (Dr) J. O. Sanusi on the launch of the Nigeria Small and Medium Industries Equity Investment Scheme (SMIEIS).

Economies And Diseconomies: Estimating Electricity Cost Functions, Michael T. Maloney

Michael T. Maloney

This paper presents estimates of the variable cost function of electricity generation. The cost function is estimated using a two dimensional definition of capacity utilization. Because electricity cannot be conveniently stored, generation facilities follow the load across demand cycles. Capacity utilization can be captured empirically in two ways. One is generation relative to capacity when a unit is connected to the system; the other is the percent of time the unit is disconnected. The estimated cost function shows that both dimensions affect average cost, which generally declines as capacity utilization increases.

Trade Liberalization And Intra-Industry Trade: The Case Of The U.S. And Mexico, Robert C. Shelburne

Robert C. Shelburne

This paper investigates how U.S.-Mexican intra-industry trade (IIT) has evolved since the creation of the NAFTA beginning in 1994. These empirical findings are of value not only for the study of the U.S.-Mexican trading relationship, but they also contain several important conclusions applicable more generally to the study of the theoretical basis for intra-industry trade and its empirical estimation. The basic conclusions of this study are: 1) Unlike the European experience after the creation of the European Common Market, and most other regional trade arrangements, trade between the U.S. and Mexico has remained mostly inter- industry trade, and the growth …

Is Free Trade Good For The Environment, M. Scott Taylor, Werner Antweiler, Brian R. Copeland

M. Scott Taylor

This paper investigates how openness to international goods markets affects pollution concentrations. We develop a theoretical model to divide trade’s impact on pollution into scale, technique, and composition effects and then examine this theory using data on sulfur dioxide concentrations. We find international trade creates relatively small changes in pollution concentrations when it alters the composition of national output. Estimates of the trade-induced technique and scale effects imply a net reduction in pollution from these sources. Combining our estimates of all three effects yields a somewhat surprising conclusion: freer trade appears to be good for the environment.