Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network™

Open Access. Powered by Scholars. Published by Universities.®

Economics

Institution
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 2311 - 2340 of 12311

Full-Text Articles in Entire DC Network

Signals From On High And The Power Of Growth Mindset: A Natural Field Experiment In Attracting Minorities To High-Profile Position, Jeffrey A. Flory, Andreas Leibbrandt, Christina Rott, Olga B. Stoddard Jan 2022

Signals From On High And The Power Of Growth Mindset: A Natural Field Experiment In Attracting Minorities To High-Profile Position, Jeffrey A. Flory, Andreas Leibbrandt, Christina Rott, Olga B. Stoddard

Faculty Publications

We conduct a large-scale natural field experiment with a Fortune 500 company to test several approaches to attract minorities to high-profile positions. 5,000 prospective applicants were randomized into treatments varying a portion of recruiting materials. We find that self-selection at two early-career stages exhibits a substantial race gap. Importantly, we show that this gap can be strongly influenced by several treatments, with some increasing application rates by minorities by 40 percent and others being particularly effective for minority women. The heterogeneities we find by gender, race, and career stage shed light on the underlying drivers of self-selection barriers among minorities.


การศึกษาความต้องการปริมาณเงินของ สปป ลาว, ตุนี่ วิพรมมะวงสา Jan 2022

การศึกษาความต้องการปริมาณเงินของ สปป ลาว, ตุนี่ วิพรมมะวงสา

Chulalongkorn University Theses and Dissertations (Chula ETD)

การศึกษานี้มีวัตถุประสงค์เพื่อศึกษาความต้องการปริมาณเงินของ สปป ลาว โดยทำการทดสอบความสัมพันธ์เชิงดุลยภาพระยะยาว Cointegration Test ด้วยวิธีของ Johansen (1995) ทดสอบการปรับตัวระยะสั้นกลับเข้าสู่จุดดุลยภาพในระยะยาวด้วยวิธี Vector Error Correction Model (VECM) และทำการทดสอบเสถียรภาพของแบบจำลองความต้องการปริมาณเงินของ สปป ลาว ด้วยวิธีผลรวมสะสม The Cumulative Sum (CUSUM) และ The Cumulative Sum of Squares (CUSUMSQ) การศึกษาครั้งนี้ใช้ข้อมูลทุติยภูมิแบบอนุกรมเวลา รายไตรมาสตั้งแต่ 1991Q1 ถึง 2021Q4 รวม 124 ไตรมาส โดยใช้ข้อมูลจากธนาคารแห่ง สปป ลาว ผลการศึกษาพบว่า ตัวแปรในแบบจำลองมีความสัมพันธ์เชิงดุลยภาพระยะยาวมากกว่า 1 รูปแบบทั้งสองแบบจำลอง โดยที่แบบจำลองความต้องการปริมาณเงิน M1 พบว่า รายได้ที่แท้จริง อัตราเงินเฟ้อ มีความสัมพันธ์ในทิศทางเดียวกันกับความต้องการปริมาณเงิน M1 ในขณะที่อัตราแลกเปลี่ยนกีบต่อดอลลาร์ มีความสัมพันธ์ในทิศทางตรงกันข้ามกับปริมาณเงิน M1 ซึ่งสอดคล้องกับสมมติฐานที่ตั้งไว้ และตัวแปร QR Code แทนการชำระเงินผ่านระบบธนาคาร ไม่มีนัยสำคัญทางสถิติกับความต้องการปริมาณเงิน M1 ซึ่งไม่สอดคล้องกับสมมติฐานที่ตั้งไว้ แบบจำลองความต้องการปริมาณเงิน M2 พบว่า รายได้ที่แท้จริง อัตราดอกเบี้ยเงินฝากระยะสั้น 1 ปีสกุลเงินกีบ และตัวแปร QR Code มีความสัมพันธ์ในทิศทางเดียวกันกับความต้องการปริมาณเงิน M2 ในขณะที่ อัตราเงินเฟ้อ และอัตราแลกเปลี่ยนกีบต่อดอลลาร์ มีความสัมพันธ์ในทิศทางตรงกันข้ามกับความต้องการปริมาณเงิน M2 ซึ่งสอดคล้องกับสมมติฐานที่ตั้งไว้ ผลการทดสอบความเสถียรของแบบจำลองความต้องการปริมาณเงินของ สปป ลาว พบว่ามีความเสถียรในระยะยาว ซึ่งเป็นการสนับสนุนและยืนยันว่า สปป ลาวนั้นมีความเหมาะสมสำหรับกรอบนโยบายการเงินที่กำหนดเป้าหมายปริมาณเงินเพื่อควบคุมอัตราเงินเฟ้อเป็นหลัก และการกำหนดเป้าหมายปริมาณเงินของธนาคารกลางนั้นอาจจะสูงเกินความต้องการเงินที่แท้จริงของ สปป ลาว ซึ่งอาจนำไปสู่เงินเฟ้อที่สูงเกินที่ควรจะเป็น ดังนั้น การกำหนดเป้าหมายปริมาณเงินให้มีความเหมาะสมกับความต้องการเงินที่แท้จริงของ สปป ลาว จะทำให้นโยบายการเงินของ สปป ลาว นั้นมีประสิทธิภาพมากยิ่งขึ้น …


Management Strategies Analysis Of Thai Hotel Case Study: Oceanfront Beach Resort And Spa, Puvis Techasriudom Jan 2022

Management Strategies Analysis Of Thai Hotel Case Study: Oceanfront Beach Resort And Spa, Puvis Techasriudom

Chulalongkorn University Theses and Dissertations (Chula ETD)

The COVID-19 pandemic has caused unprecedented disruptions to the global tourism industry, including in Phuket, Thailand. The impact of the pandemic on the tourism sector has been widely impacting, affecting not only hotels but also airlines, travel agencies, tourist attractions, local communities, and almost every sector of business around the world. As a result, it is crucial for hotels to implement effective management strategies and organizational improvements to help mitigate the impacts of the pandemic. In addition to the impact of COVID-19, other factors such as global political situations, technological advancements, and trends in modern society can also significantly affect …


Missouri Soybean Exports And The Democratizing Market Force, David D. Hammons Jan 2022

Missouri Soybean Exports And The Democratizing Market Force, David D. Hammons

Graduate Theses/Dissertations

A commonly held assumption of America’s post-Cold War place in the world is that prolonged contact with American capitalism and democracy will lead to the adoption of these systems in all nations that participate in international trade. This paper attempts to verify or disprove that assumption by examining a specific traded commodity between two specific nations, the institutions that support this trade, and the people actively participating in it. The growth of soybean exports from the state of Missouri provides this vehicle for examining the trade history between the United States of America and China, and provides evidence that disproves …


Evaluating The Impact Of Off-Farm Decisions On Federal Government Program Utilization And Financial Success For Missouri's Beginning Farmers, Lyndsey Ann Parker Jan 2022

Evaluating The Impact Of Off-Farm Decisions On Federal Government Program Utilization And Financial Success For Missouri's Beginning Farmers, Lyndsey Ann Parker

Graduate Theses/Dissertations

Farmers and ranchers will have to increase production by approximately 70% by the year 2050 according to the American Farm Bureau Federation (2017). People in the agriculture industry face several challenges from start-up costs to limited land availability (Ahearn, 2011). There are federal and state government programs available to assist with some of these challenges but bring their own hardships as well. This study measures off-farm decisions that affect financial performance and utilization of government programs for Missouri’s farmers and ranchers. Three types of financial performance of Missouri farms are prioritized in this study, liquidity (current ratio), solvency (debt-to-asset ratio), …


A Pilot Randomized Trial To Assess Motivating Operations In Delay Discounting Of Food, Breeanna Michelle Slusher Jan 2022

A Pilot Randomized Trial To Assess Motivating Operations In Delay Discounting Of Food, Breeanna Michelle Slusher

Graduate Theses/Dissertations

This pilot study addresses the impact motivating operations have on delay discounting of food in the presence of real food. Six participants were recruited and randomly assigned to three food stimuli groups (donut, vegetable, and control) and assigned to either a deprivation or non-deprivation condition within the group. Participants were asked to complete a set of questionnaires and a delay discounting task. Demographics and anthropometric measurements were obtained from each participant. The pilot study showed support for previous delay discounting research that as the delay to more nutrient dense meals increases the subjective value of the delayed reward decreases. Thus, …


'Indirect Pathways Into Practice': Philippine Internationally Educated Nurses And Their Entry Into Ontario's Nursing Profession, Lualhati Marcelino Jan 2022

'Indirect Pathways Into Practice': Philippine Internationally Educated Nurses And Their Entry Into Ontario's Nursing Profession, Lualhati Marcelino

Theses and Dissertations (Comprehensive)

While there are several studies that highlight the quantitative and statistical profiles of internationally educated nurses (IENs) from the Philippines who migrate to countries throughout Asia, the Middle East, Europe, the United States and Canada, there is little research that delves deeply into the qualitative review and analysis of their experiences in their own words. This study addresses that gap by applying the transnational feminist concept of “global care chains” in a single case study design that explores the experience of nurses who migrated to Ontario through permanent and temporary immigration streams and were interviewed in 2011 to 2012 to …


Exchange Rate Forecast Model: Factor Analysis, Swapnil Landge Jan 2022

Exchange Rate Forecast Model: Factor Analysis, Swapnil Landge

Publications and Research

Forecasting the exchange rate using factor analysis, factors based on cross section exchange rates of different economies in terms of trade, would beat random walk model in longer out of sample horizon forecasting. In this research project, we will replicate the NBER working paper Factor Model Forecasts of Exchange Rates” by Charles Engel, Nelson C. Mark & Kenneth D. West (2012) which has used 17 OECD countries exchange rates in getting the potential factors but with extended time period from 1973:1-2021:4. We will report early sample forecasting statistics for a 1987-1998 sample. Results for late samples (1999-2022) were promising, at …


Reinventing Opportunities For Argentina: Vista Oil And Gas, Emiliano Cabrera Jan 2022

Reinventing Opportunities For Argentina: Vista Oil And Gas, Emiliano Cabrera

Dartmouth College Master’s Theses

In the last century, Argentina faced an astonishing economic downturn that remains until today, frustrating all who learn its economic history, explore the country's potential, and stay in tune with its political-economic present. This research examines Argentina's economic history, revises the main drivers that signed its economic drama, and proposes guidelines to address new opportunities by encouraging its private sector. By using Vista Oil and Gas as an exemplary case, this work proposes Vista's business model as an initiative perfectly compatible with the primary macroeconomic needs that Argentina currently has that should be highly considered for developing its private sector. …


Climate Change And Sustainability In Asean Countries, David K. Ding, Sarah E. Beh Jan 2022

Climate Change And Sustainability In Asean Countries, David K. Ding, Sarah E. Beh

Research Collection Lee Kong Chian School Of Business

The ASEAN region is one of the most susceptible regions to climate change, with three of its countries—Myanmar, the Philippines, and Thailand—among those that have suffered the greatest fatalities and economic losses because of climate-related disasters. This paper reveals that the ASEAN’s environmental performance is sorely lagging other regions despite evidence of its cohesive and comprehensive efforts to mitigate emissions and build up adaptive capacity to climate-related disasters. Within the ASEAN, there exist gaps in environmental performance between each country. This suggests that increased cooperation between individual ASEAN countries is pertinent for the region to collectively combat climate change. In …


Efficient Estimation Of Average Derivatives In Npiv Models: Simulation Comparisons Of Neural Network Estimators, Jiafeng Chen, Xiaohong Chen, Elie Tamer Dec 2021

Efficient Estimation Of Average Derivatives In Npiv Models: Simulation Comparisons Of Neural Network Estimators, Jiafeng Chen, Xiaohong Chen, Elie Tamer

Cowles Foundation Discussion Papers

Artificial Neural Networks (ANNs) can be viewed as \emph{nonlinear sieves} that can approximate complex functions of high dimensional variables more effectively than linear sieves. We investigate the computational performance of various ANNs in nonparametric instrumental variables (NPIV) models of moderately high dimensional covariates that are relevant to empirical economics. We present two efficient procedures for estimation and inference on a weighted average derivative (WAD): an orthogonalized plug-in with optimally-weighted sieve minimum distance (OP-OSMD) procedure and a sieve efficient score (ES) procedure. Both estimators for WAD use ANN sieves to approximate the unknown NPIV function and are root-n asymptotically normal …


Physicians’ Behavior In Referring National Health Insurance Patients To Hospital, Natalia Natalia Dec 2021

Physicians’ Behavior In Referring National Health Insurance Patients To Hospital, Natalia Natalia

Jurnal Ekonomi Kesehatan Indonesia

Physicians’ decision to refer patients in primary health care is vital in supporting the referral system. The increase of referral cases impacted the claims cost and hospital workload. This study aimed to analyze the physicians’ behavior in referring National Health Insurance (NHI) patients to hospitals. This study employed a qualitative method; 18 informants were selected using purposive sampling and analyzed using content analysis. The data were validated by triangulating method, source, and data. Physicians referred patients when the cases could not be handled; there were indications of severe disease and required further examination. The obstacles in the referral system were …


Peer Effects And Recidivism: The Role Of Race And Age, Kegon Teng Kok Tan, Mariyana Zapryanova Dec 2021

Peer Effects And Recidivism: The Role Of Race And Age, Kegon Teng Kok Tan, Mariyana Zapryanova

Economics: Faculty Publications

Recidivism rates are a growing concern due to the high cost of imprisonment and the high rate of ex-prisoners returning back to prison. One policy-relevant and potentially important determinant of recidivism is the composition of peer inmates. In this paper, we study the role of peer effects within a correctional facility using data on almost 80,000 individuals serving time in Georgia. We exploit randomness in peer-composition over time within prisons to identify effects of peers on recidivism rates. We find no evidence of peer effects for property or drug-related crimes in the general prison population. However, we find strong peer …


Author Biographical Notes Dec 2021

Author Biographical Notes

Midwest Social Sciences Journal

No abstract provided.


Scarcity Or Economic Insecurity? Two Yardsticks For Measuring Capitalism’S Performance, Costas Panayotakis Dec 2021

Scarcity Or Economic Insecurity? Two Yardsticks For Measuring Capitalism’S Performance, Costas Panayotakis

Publications and Research

This article argues that capitalism’s relationship to economic insecurity is as important for the evaluation of that system as its relationship to scarcity. Critically analyzing the neoclassical and Marxist focus on capitalism’s relationship to scarcity, the article describes how capitalism’s relationship to economic insecurity offers a more cogent elaboration of these traditions’ shared belief that the economic system should serve people. In particular, while critical of the neoclassical portrayal of capitalism as a system using scarce resources efficiently, this paper also argues, against Marxism, that an alternative to capitalism might be preferable even if scarcity is not abolished.


The Effect Of Foreign Direct Investment On Colombia’S Economic Growth And The Role Of Human Capital: Does Foreign Direct Investment Foster Growth?, Jean K. Plantin Dec 2021

The Effect Of Foreign Direct Investment On Colombia’S Economic Growth And The Role Of Human Capital: Does Foreign Direct Investment Foster Growth?, Jean K. Plantin

Master's Theses

Abstract: Since the pioneering work of John H. Dunning on the role of foreign direct investment (FDI) in the economic growth of the United Kingdom, many experts have debated the growth effect of FDI in an economy. This study investigated the impact of FDI on Colombia’s economic growth from 1990 to 2019. Moreover, it explored whether the Colombian economy has benefited from positive spillover from FDIs. Additionally, the paper examined how the stock level of human capital conditioned the effect of FDI on GDP per capita growth. To this end, the analysis separated tertiary enrollments from the human capital …


Sons Of Disobedience And Their Machines: How Sin And Anthropology Can Inform Evangelical Thought About Ai, Gregory S. Mckenzie Dec 2021

Sons Of Disobedience And Their Machines: How Sin And Anthropology Can Inform Evangelical Thought About Ai, Gregory S. Mckenzie

Liberty Theological Review

The purpose of this paper is to further discussion about artificial intelligence by examining AI from the perspective of the doctrine of sin. As such, philosophy of mind and theological anthropology, specifically, what it means to be human, the effects of sin, and the consequent social ramifications of AI drive the analysis of this paper. Accordingly, the conclusions of the analysis are that the depravity of fallen humanity is cause for concern in the very programming of AI and serves as a corrupted foundation for artificial machine cognition. Given the fallen nature of human thought, and therefore, fallen AI thought, …


The Effect Of A Financial Crisis On Household Finances: A Case Study Of Iceland’S Financial Crisis, Axel Hall, Andri S. Scheving, Gylfi Zoega Dec 2021

The Effect Of A Financial Crisis On Household Finances: A Case Study Of Iceland’S Financial Crisis, Axel Hall, Andri S. Scheving, Gylfi Zoega

Journal of Financial Crises

Iceland experienced a financial crisis in 2008–2009 when its banking system collapsed, the currency lost half its value, most businesses became technically insolvent, house prices fell, and household debt increased due to indexation to foreign currencies or the price level. This paper tells the story of the crisis and maps the losses to households using a dataset from tax returns that includes all taxpayers in the country and contains the value of housing, mortgage debt, disposable income, and net worth. For relative losses in net worth, the results show that families with children, especially those with parents aged between 24 …


A Game-Theoretic Analysis Of Childhood Vaccination Behavior: Nash Versus Kant, Philippe De Donder, Humberto Llavador, Stefan Penczynski, John E. Roemer, Roberto Vélez Dec 2021

A Game-Theoretic Analysis Of Childhood Vaccination Behavior: Nash Versus Kant, Philippe De Donder, Humberto Llavador, Stefan Penczynski, John E. Roemer, Roberto Vélez

Cowles Foundation Discussion Papers

Whether or not to vaccinate one’s child is a decision that a parent may approach in several ways. The vaccination game, in which parents must choose whether to vaccinate a child against a disease, is one with positive externalities (herd immunity). In some societies, not vaccinating is an increasingly prevalent behavior, due to deleterious side effects that parents believe may accompany vaccination. The standard game-theoretic approach assumes that parents make decisions according to the Nash behavioral protocol, which is individualistic and non-cooperative. Because of the positive externality that each child’s vaccination generates for others, the Nash equilibrium suffers from a …


War And Society In Colonial Zambia, 1939–1953, Alfred Tembo Dec 2021

War And Society In Colonial Zambia, 1939–1953, Alfred Tembo

Ohio University Press Open Access Books

Written from a Zambian perspective, this leading study shows how the British colony of Northern Rhodesia (later Zambia) organized and deployed human, military, and natural resources during and after the Second World War.

The Second World War brought unprecedented pressures to bear on Britain’s empire, which then included colonial Northern Rhodesia. Through new archival materials and oral histories, War and Society in Colonial Zambia tells—from an African perspective—the story of how the colony organized its human and natural resources on behalf of the imperial government.

Alfred Tembo first examines government propaganda and recruitment of personnel for the Northern Rhodesia Regiment, …


Isolated States Of America: The Impact Of State Borders On Mobility And Regional Labor Market Adjustments, Riley Wilson Dec 2021

Isolated States Of America: The Impact Of State Borders On Mobility And Regional Labor Market Adjustments, Riley Wilson

Upjohn Institute Working Papers

I document a new empirical pattern of internal mobility in the United States. Namely, county-to-county migration and commuting drop off discretely at state borders. People are three times as likely to move to a county 15 miles away, but in the same state, than to move to an equally distant county in a different state. These gaps remain even among neighboring counties or counties in the same commuting zone. This pattern is not explained by differences in county characteristics, is not driven by any particular demographic group, and is not explained by pecuniary costs such as differences in state occupational …


The Effect Of Epidemiological Investor Sentiment On Financial Market Movements, Ruben A. Silverstone Dec 2021

The Effect Of Epidemiological Investor Sentiment On Financial Market Movements, Ruben A. Silverstone

Undergraduate Economic Review

This paper investigates the effect of public sentiment related to epidemiological crises on financial market movements. The outbreak of COVID-19 provided evidence of the havoc a pandemic can wreak on financial markets. The Ebola outbreak between December 2013 and January 2016 provides the ideal case study to isolate sentiment. Sentiment was quantified with established text processing methods, using news on viral events uncorrelated with other potential causes of market movements and incorporating publisher circulation. I find that epidemiological investor sentiment has a highly statistically significant, current, and non-linear relationship with individual company stock returns when controlling for company-specific fixed effects.


Economic Impact Of Targeted Government Responses To Covid-19: Evidence From The Large-Scale Cluster In Seoul, Kim, Kanghyock Koh, Jinwook Shin Dec 2021

Economic Impact Of Targeted Government Responses To Covid-19: Evidence From The Large-Scale Cluster In Seoul, Kim, Kanghyock Koh, Jinwook Shin

Research Collection School Of Economics

We estimate the economic impact of South Korea's targeted responses to the first large-scale COVID-19 cluster in Seoul. We find that foot traffic and retail sales decreased only within a 300 meter radius of the cluster and recovered to its pre-outbreak level after four weeks. The reductions appear to be driven by temporary business closures rather than the risk avoidance behavior of the citizens. Our results imply that less intense, but more targeted COVID-19 interventions, such as pin-pointed, temporary closures of businesses, can be a low-cost alternative after lifting strict social distancing measures.


The Effects Of Cost, Level Of Safety, And Severity Of Injury On Manager Decisions To Implement A Safety Solution, Jonathan M. Hochmuth Dec 2021

The Effects Of Cost, Level Of Safety, And Severity Of Injury On Manager Decisions To Implement A Safety Solution, Jonathan M. Hochmuth

Dissertations

Workplace injuries continue to be a source of substantial human and financial costs each year. Behavioral safety processes have been effective in reducing workplace injuries by increasing safety-related behaviors. In recent years, the focus in behavioral safety has shifted towards the role of managers in establishing and maintaining safe behaviors and conditions in the workplace. Understanding how managers make decisions to allocate resources is critical to improving safety. The field of behavioral economics has developed methods for studying decision-making. While there have been calls to apply these methods to occupational safety, there are only two empirical studies which have done …


Essays On Bitcoin And Cryptocurrencies, Jiasong Wu Dec 2021

Essays On Bitcoin And Cryptocurrencies, Jiasong Wu

Dissertations

Bitcoin and cryptocurrencies, invented as potential digital international currencies, have gradually drawn more and more attention since their birth. The growing popularity of cryptocurrencies in the past decade and the recent acceptance of Bitcoin as legal tender in El Salvador suggests that there is growing acceptance of these instruments and that cryptocurrencies are here to stay. Among these cryptocurrencies, Bitcoin has a unique place being the first and most well-known cryptocurrency in terms of price, market capitalization, and trading volume.

The first two essays of this dissertation focus on Bitcoin and the third essay focuses on the cryptocurrency market in …


Culture And Economics: A Literature Review, Faith Howard Dec 2021

Culture And Economics: A Literature Review, Faith Howard

Honors Capstones

No abstract provided.


Testing The Relationship Between Confidence And Effort: A Behavioral Finance Perspective On The Problem Of Financial Literacy, Louie Bernard A. Jacob, Miguel Angelo S. Rabago, Hans Erickson A. Tan, Lawrence B. Dacuycuy, Gerardo L. Largoza, Maria Fe Carmen L. Dabbay Dec 2021

Testing The Relationship Between Confidence And Effort: A Behavioral Finance Perspective On The Problem Of Financial Literacy, Louie Bernard A. Jacob, Miguel Angelo S. Rabago, Hans Erickson A. Tan, Lawrence B. Dacuycuy, Gerardo L. Largoza, Maria Fe Carmen L. Dabbay

Angelo King Institute for Economic and Business Studies (AKI)

This experimental study tested the relationship between confidence and effort with the ultimate objective of discovering how these factors may influence financial literacy. This was done through a modified version of a slider test and ball allocation task. The population consisted of 85 random participants who were primarily approached through social media. A simple OLS regression, along with robustness checks, namely the Tobit model and instrumental variable (IV) regression model using Tobit estimators, were utilized to confirm the causal relationship between confidence and effort.


Does Technological Innovations Affect Unemployment In Nigeria?, Ebunoluwa O. Oyegoke, Wasiu A. Yusuf Dec 2021

Does Technological Innovations Affect Unemployment In Nigeria?, Ebunoluwa O. Oyegoke, Wasiu A. Yusuf

Bullion

The study examines the effects of technological innovations on unemployment in Nigeria using annual time series data 1980-2018, Autoregressive Distributed Lag and cointegration bound testing approach, Technological innovations was provided by the inflow of FDI; importation of Machinery and Equipment as indicator for process innovation (ETC), Patent represents product innovation, while Total Factor Productivity serves as the exogenous technical progress in line with Solow. The result shows that the coefficient of the inward Foreign Direct Investments (INFDI) is positive (3.85), which is significant at 5%, indicating a strong positive effect of process innovation on Unemployment, Machinery and Equipment was also …


Is The Heterogeneity Of Expenditure Relevant To Economic Growth? The Case Of Nigeria, Efayena O. Oba, Ngozi P. Buzugbe Dec 2021

Is The Heterogeneity Of Expenditure Relevant To Economic Growth? The Case Of Nigeria, Efayena O. Oba, Ngozi P. Buzugbe

Bullion

With the Nigerian economy oscillating around financial quagmire and fast moving towards fiscal unsustainability, this study analysed the impact of disaggregated expenditures on economic growth. Employing data from 1980 to 2019, the study established through the autoregressive distributed lagged technique that heterogeneity in expenditure is relevant to economic growth, with recurrent expenditure contributing insignificantly to economic growth, while capital expenditure negatively impact economic. Thus, among other policy option, the study suggested appropriate expenditure over recurrent expenditure and that government should engage more in the provision of capital projects in the economy.


Oil Price And Foreign Direct Investment In Nigeria: New Evidence From Structural Breaks And A Nonlinear Analysis, Shehu Muhammad Dec 2021

Oil Price And Foreign Direct Investment In Nigeria: New Evidence From Structural Breaks And A Nonlinear Analysis, Shehu Muhammad

Bullion

The study employed Nn-Linear and Auto-Regressive Distributed Lag (NARDL) method to analyse the link between oil price and foreign direct investment (FDI) using annual data from (1970 to 2018 Bai-Perman (2003) test revealed two structural break periods (1989 and 1995 showing a long-run relationship between oil price and FDI in Nigeria. The findings after NARDL estimation (short and long runs), showed that oil price, exchange rate and trade, negatively and insignificantly influenced FDI while GDP positively impacted on FDI, through insignificant too. The study concluded that though these variables slow down FDI efforts should be geared towards channeling oil funds …