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Full-Text Articles in Business
President Biden's Executive Order On Competition: An Antitrust Analysis, Herbert J. Hovenkamp
President Biden's Executive Order On Competition: An Antitrust Analysis, Herbert J. Hovenkamp
All Faculty Scholarship
In July, 2021, President Biden signed a far ranging Executive Order directed to promoting competition in the American economy. This paper analyzes issues covered by the Order that are most likely to affect the scope and enforcement of antitrust law. The only passage that the Executive Order quoted from a Supreme Court antitrust decision captures its antitrust ideology well – that the Sherman Act:
rests on the premise that the unrestrained interaction of competitive forces will yield the best allocation of our economic resources, the lowest prices, the highest quality and the greatest material progress, while at the same time …
Microfinance Credit And Micro Enterprise Development In The Agricultural Sub-Sector Of The Nigerian Economy, Ademola A. Adebisi
Microfinance Credit And Micro Enterprise Development In The Agricultural Sub-Sector Of The Nigerian Economy, Ademola A. Adebisi
Bullion
This study seeks to examine the relevance of micro financing credit loans to Agri-business in Lagos State, Nigeria - the development of Agricultural sub-sector centering the attention to the contribution of the institutions involved in the provision of these credits.It makes a critical review of the performance of microfinance institutions in Nigeria, based on a survey of the Agricultural Credit Guarantee Scheme Fund (a microfinance scheme established to boost the agricultural sub-sector of Nigeria). The study examines the scheme – the institutions involved and analyses the performance using the outreach paradigm via the mixed approach research techniques – qualitative and …
Analysis Of The Impact Of Central Bank Of Nigeria's Agricultural Intervention Funds On The Economy, E. T. Adamgbe, M. C. Belonwu, E. R. Ochu, I. I. Okafor
Analysis Of The Impact Of Central Bank Of Nigeria's Agricultural Intervention Funds On The Economy, E. T. Adamgbe, M. C. Belonwu, E. R. Ochu, I. I. Okafor
Economic and Financial Review
This paper set out to investigate the impact of Central Bank of Nigeria's interventions on the agricultural sector within an economy-wide framework of general equilibrium modelling. The paper adopted a dynamic (recursive), two-sector general equilibrium model of the Nigerian economy with some modifications on the standard model developed by the Centre for Econometric and Applied Research (CEAR) and incorporated the contributions of the CBN's agricultural based interventions as increases in the stock of agricultural capital to have a more robust size of interventions into the agricultural sector. The SAM used for the CGE model analysis was derived from the updated …
Will 3 + 3 Be Nine?, S. Chandrachud Ph.D.
Will 3 + 3 Be Nine?, S. Chandrachud Ph.D.
International Review of Business and Economics
In Economic view, COVID 19, forced ustomake3+3=NINE.Thelogicof this slogan is to create a new economy for our country. The first ‘3’ implies the Agriculture, Industry and Service sectors and the second ‘3’ indicates Public, Private and Foreign sector. These two 3s combined together make New India New Economy (NINE). Chapter one narrates few classical theories to reconcile demand and supply. Chapter two enlists the review of literature. Chapter three pronounces the economic impact of current pandemic situation. Chapter four elucidates the government initiation towards the recovery of economy. Chapter five enumerateshow to create a New India New Economy (NINE). The …
A Case For The Congo: How Can Education And Agriculture Lead To Economic Development?, Arthur Kilongo
A Case For The Congo: How Can Education And Agriculture Lead To Economic Development?, Arthur Kilongo
Senior Projects Spring 2020
Since its independence from Belgium in 1960 until this point in time, the Democratic Republic of the Congo has more than often experienced violence and political instability that have prevented the creation of a stable economy and functional political system. As a result, quality education and high paying jobs are scarce in the DR Congo today, resulting in poverty to the extent where many people in the country live on less than $1.90 per day. According to the International Labour Organization, as many as 68.7% of Congolese worked in agriculture in 2019. This paper investigates how education and training can …
Between Aastha And Zee:Mystery Of The Missing Market For Aweather Channel, Satish Y. Deodhar, Chayasmita Deka
Between Aastha And Zee:Mystery Of The Missing Market For Aweather Channel, Satish Y. Deodhar, Chayasmita Deka
International Review of Business and Economics
Until a few decades ago, Doordarshan was the only channel which would broadcast TV programmes in black-&-white and that too for a few hours. It was a pure public good then, offered free of cost by the government. Today, however, from Aastha to Zee there are hundreds of dedicated private channels competing to offer news, sports, entertainment, and spirituality for a price. And still, there is not a single channel which is dedicated to 24-hour weather forecast. This is a clear case of market failure of the free enterprise system. The missing market for an exclusive weather channel is the …
Contributions Of Agriculture, Smesand Non-Smes Toward Povertyreduction In Bangladesh, Prashanta K. Banerjee, Matiur Rahman
Contributions Of Agriculture, Smesand Non-Smes Toward Povertyreduction In Bangladesh, Prashanta K. Banerjee, Matiur Rahman
International Review of Business and Economics
This paper studies the contributions of bank-based financing to agriculture, SMEs and non-SMEs in the overall poverty reduction in Bangladesh. Annual data are used from 1980 to 2015. ARDL bounds testing approach is applied for evidence of cointegration among the variables and VECM is subsequently estimated. The empirical results show that financing of non-SMEs significantly reduces overall poverty in the long run. To this effect, SMEs play a marginal role in the current state of affairs. In contrast, agricultural financing reveals, otherwise.
The Economy Of Modern Sindh: Opportunities Lost And Lessons For The Future, Ishrat Husain, Aijaz A. Qureshi, Nadeem Hussain
The Economy Of Modern Sindh: Opportunities Lost And Lessons For The Future, Ishrat Husain, Aijaz A. Qureshi, Nadeem Hussain
Faculty Research - Books
The Economy of Modern Sindh delves into the different aspects of Sindh’s economy—from geography, topography, climate, administrative history, and demographics, to the political landscape, education, health, labour force and employment, poverty and inequality, agriculture and water issues, infrastructure, industries, energy resources, and public finances—each is covered in a separate chapter. The book highlights the socioeconomic problems that have beset Sindh, arresting the province’s economic potential, and proposes a multi-pronged strategy to address these challenges. It offers an incisive and objective assessment of the various policies enacted and pursued by the Sindh government over the years. It also attempts to identify …
Do Farm Subsidies Affect Crop Diversification?, Chadwick O'Neal
Do Farm Subsidies Affect Crop Diversification?, Chadwick O'Neal
Georgia College Student Research Events
The United States spends $20 billion each year on farm subsidies. Farmers face increased risk and income variation when their crop portfolio is less diversified. It’s possible for farm subsidies to decrease diversification if they are focused on specific crops. Utilizing state level subsidy and agricultural data from the Environmental Working Group, I used econometric analysis to estimate the effect of farm subsidies on crop diversification. I used the number of acres planted from the 15 top most subsidized and grown crops in the United States to derive my dependent variable, the Herfindahl-Hirschman index (HHI). The HHI is a market …
Nexus Of Exchange Rate Deregulation And Agricultural Share Of Gross Domestic Product In Nigeria, Oyakhilomen Oyinbo, Falola Abraham, Grace Z. Rekwot
Nexus Of Exchange Rate Deregulation And Agricultural Share Of Gross Domestic Product In Nigeria, Oyakhilomen Oyinbo, Falola Abraham, Grace Z. Rekwot
CBN Journal of Applied Statistics (JAS)
The kernel of this study was to examine the causal relationship between exchange rate deregulation and the agricultural share of gross domestic product in Nigeria from an econometric perspective using time series data spanning a period of 26 years (1986 – 2011). Data on exchange rate and gross domestic product were analysed using augmented dickey fuller unit root test, unrestricted vector autoregression, pairwise granger causality and vector error correction model. The results showed the existence of unidirectional causality from exchange rate to agricultural share of gross domestic production and also, exchange rate deregulation had negative influence on agricultural share of …
The Relationships Of Inflationary Trend, Agricultural Productivity And Economic Growth In Nigeria, Oyakhilomen Oyinbo, Grace Z. Rekwot
The Relationships Of Inflationary Trend, Agricultural Productivity And Economic Growth In Nigeria, Oyakhilomen Oyinbo, Grace Z. Rekwot
CBN Journal of Applied Statistics (JAS)
This study investigates the links existing between inflationary trend, agricultural productivity and economic growth in Nigeria using time series data spanning from 1970 to 2011. The results of the analyses indicate a unidirectional causality from inflationary trend to agricultural productivity, unidirectional causality from agricultural productivity to economic growth with no causality between inflationary trend and economic growth. Based on these findings, it is recommended that the Central Bank of Nigeria should pay more attention to the trend of inflation and pursue policies that will ensure single digit inflation.
The Great Sustainability Challenge, Isidor Wallimann
The Great Sustainability Challenge, Isidor Wallimann
Sociology - All Scholarship
"The balance between society and nature is askew. The age of industrialization and the subsequent era of consumerism are large culprits for pollution and the degradation of the environment. Human activity on Earth has undeniably affected the planet and has contributed colossal levels of carbon emissions that are pushing global temperatures to keep rising. Significant ecological risks to human survival may result from not taking more pressing action. Governments have a role to play in moving more rapidly and effectively towards more sustainable practices – “how to be more sustainable?” is a question that must be integrated in all decision-making …
The Influence Of London On Labor Markets In Southern England, 1830-1914, George R. Boyer
The Influence Of London On Labor Markets In Southern England, 1830-1914, George R. Boyer
George R. Boyer
[Excerpt] Historians have long acknowledged that London, because of its enormous size and rapidly growing demand for labor, acted as a powerful magnet for migrants from throughout southern England. However, while there is a large literature documenting the flow of migrants to London, there have been surprisingly few attempts to determine the consequences of this migration for southern labor markets. This article attempts to redress the imbalance in the literature by examining the influence of London on agricultural labor markets during the nineteenth century. In particular, the article examines the effect of distance from London on wage rates in southern …
Comments On Geraghty, Márquez, And Vizcarra, George R. Boyer
Comments On Geraghty, Márquez, And Vizcarra, George R. Boyer
George R. Boyer
Professor Boyer reviews and comments upon the three dissertations that were finalists for the Alexander Gerschenkron Prize in 2002.
The Economic Role Of The English Poor Law, 1780-1834, George R. Boyer
The Economic Role Of The English Poor Law, 1780-1834, George R. Boyer
George R. Boyer
[Excerpt] Over the 85-year period from 1748/50 to 1832/34, real per capita expenditures on poor relief increased at an average rate of approximately 1 percent per year. There were also important changes in the administration of relief with respect to able-bodied laborers during the period. Policies providing relief outside of workhouses to unemployed and under-employed able-bodied laborers became widespread during the 1770s and 1780s in the grain-producing South and East of England. The so-called Speenhamland system of outdoor relief flourished until 1834, when it was abolished by the Poor Law Amendment Act. The aim of the thesis is to provide …
Effects Of Global Climate Change On Nigerian Agriculture: An Empirical Analysis, Apata T. .G
Effects Of Global Climate Change On Nigerian Agriculture: An Empirical Analysis, Apata T. .G
CBN Journal of Applied Statistics (JAS)
This paper presents an empirical analysis of the effects of global warming on Nigerian agriculture and estimation of the determinants of adaptation to climate change. Data used for this study are from both secondary and primary sources. The set of secondary sources of data helped to examine the coverage of the three scenarios (1971-1980; 1981-1990 and 1991-2000). The primary data set consists of 900 respondents’ but only 850 cases were useful. This study analyzed determinants of farm-level climate adaptation measures using a Multinomial choice and stochastic-simulation model to investigate the effects of rapid climatic change on grain production and the …
Five Decades Of Agricultural Policies In Nigeria: What Roles Has Statistics Played?, Akinboyo O. I
Five Decades Of Agricultural Policies In Nigeria: What Roles Has Statistics Played?, Akinboyo O. I
Bullion
All over the country and internationally, the publications of the Central Bank of Nigeria (CBN) such as the Annual Report and Statement of Accounts, the Statistical Bulletin, Economic and Financial Review, the Bullion and Nigeria: Major Economic and Banking Indicators and those of the National Bureau of Statistics (NBS) have become a veritable source of data and reference materials on Nigeria. Without basic i n f o r m a t i o n o n e c o n o m i c developments, it would be very difficult for policy makers to assess economic performances. The f o …
Pillars Of Growth In Nebraska's Non-Metropolitan Economy, Eric Thompson, Ernie Goss, Chris Decker, Cheryl A. Burkhart-Kriesel, Bruce Johnson, Ben Schmitz, Julian Neira, Pavel Jeutang
Pillars Of Growth In Nebraska's Non-Metropolitan Economy, Eric Thompson, Ernie Goss, Chris Decker, Cheryl A. Burkhart-Kriesel, Bruce Johnson, Ben Schmitz, Julian Neira, Pavel Jeutang
Economics Faculty Publications
Agriculture is a critical part of Nebraska’s economy, and changes in the fortunes of agriculture play an important role in the success of the state’s non-metropolitan regions. Trends toward consolidation and rising productivity in agriculture, however, have raised concerns about the future of non-metropolitan Nebraska. Some citizens and policymakers have begun to wonder if the economy can create sufficient job opportunities for non-metropolitan residents. The answer to this question depends not only upon the relative strength of the agricultural sector, but also upon the presence of other industries that can join agriculture as pillars for employment growth in non-metropolitan Nebraska. …
Maine Food Trader, New England Environmental Finance Center, University Of Southern Maine
Maine Food Trader, New England Environmental Finance Center, University Of Southern Maine
Local Food Systems
A free website for buying, selling, trading and donating local food. Keep food from going to waste and help make food production a good way to make a living in Maine.
Maine Ag Trader, New England Environmental Finance Center, University Of Southern Maine
Maine Ag Trader, New England Environmental Finance Center, University Of Southern Maine
Local Food Systems
A free classified advertising website for listing anything you need to make your Maine food business succeed.
Self Reliant Agriculture For Arid Lands, David A. Bainbridge
Self Reliant Agriculture For Arid Lands, David A. Bainbridge
David A Bainbridge
More than a billion people face the challenge of supporting themselves in the world's arid lands. Much can be improved by refining and adopting the best traditional practices and crops from around the world. The lessons learned can also help develop new and improved agronomic practices and crops.
Analysis Of Formal Lending To The Agricultural Sector In Nigeria: 1978 - 98, Dayo Phillip
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 …
An Empirical Analysis Of The Prices Of Nigeria's Agricultural Export Commodities, Grace O. Evbuomwan
An Empirical Analysis Of The Prices Of Nigeria's Agricultural Export Commodities, Grace O. Evbuomwan
Economic and Financial Review
The study examines the role of price incentives in expanding agricultural commodity exports. Using the concept of efficiency, based on the theory of opportunity cost, nominal and effective protection coefficients (NPC & EPC) were estimated for cocoa, coffee, cotton, palm kernel, palm oil, rubber and soyabean. Their world market prices served as the efficiency benchmarks in order to determine the pattern of incentives or disincentives to the Nigerian agricultural export sector. The NPC values obtained ranged from 0.47 for cotton to I. I 8 for soyabean pre-Structural Adjustment Programme (SAP) and during the SAP the values ranged from 0. 63 …
A Comparative Review Of The Major Options For The Marketing Of Nigeria's Agricultural Commodities, M. O. Ojo, E. E. Inang, E. U. Ukeje
A Comparative Review Of The Major Options For The Marketing Of Nigeria's Agricultural Commodities, M. O. Ojo, E. E. Inang, E. U. Ukeje
CBN Occasional Papers
The main aim of the paper is to critically review past commodity marketing systems in Nigeria, highlight some of the weaknesses which constrained their efficiency, as well as assess the performance of the present system and determine the advisability of retaining or modifying the present marketing arrangement. The performance of the Commodity Boards before their abolition in 1986 was adjudged unsatisfactory. However, since the abolition of the Boards, it has been observed that the new produce marketing arrangement has introduced some dynamism into commodity pricing as produce prices for the first time have been determined by the combined forces of …
Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo
Review Of Policy And Developmental Objectives In Agricultural And Agro-Based Industrial Financing., G.O. Evbuomwan, E.U. Ukeje, F.A. Afelumo
Bullion
This paper reviews and appraise the role of government credit policies in the development of agriculture and agro-based industries in Nigeria. The paper is organized into five sections. Section I reviews the objectives of agricultural development and its role in overall economic development. Section II highlights some major policy measures designed to achieve stated agricultural and agro-industrial development objectives, the major sources of financing and institutions established to support agricultural and agro-based industries are appraised in Section III, while Section IV contains the lessons of experience and implications for policy. Section V summarizes and concludes the paper.
Some Strategies For Development Of Nigeria's Agricultural Sector In The 1990s, G. E. Ukpong
Some Strategies For Development Of Nigeria's Agricultural Sector In The 1990s, G. E. Ukpong
Economic and Financial Review
This paper reviews the major policy measures Introduced by the government to Induce growth of output of the agricultural sector and accelerate Its development. Some measures adopted before the Introduction of the Structural Adjustment Programme (SAP} Included producer prices selling through Marketing Boards, establishment of financial Institutions and Funds to extend credit to the sector at concessionary Interest rates, and the provision of extension services by ministries of agriculture. Agricultural policy measures under SAP consisted, among others, of abolition of Commodity Boards, free market determination of agricultural product prices, a ban on the export and Import of selected agricultural products …
Bautista, R.M. "Agricultural Growth As A Development Strategy." Economic Impact No. 66 Pp. 24-28 1989, L. I. Odey
Bautista, R.M. "Agricultural Growth As A Development Strategy." Economic Impact No. 66 Pp. 24-28 1989, L. I. Odey
Economic and Financial Review
In this paper, the author attempts a further exposition on the on-going debate on the feasibility of adoption of an export-led strategy of economic development which considers" Agriculture- first" as the engine of growth. The au~or strongly supports an agricultural-based development strategy because it is capable of generating mass employment, it is anti-poverty as well as being an hl.come redistribution programme. This strategy, he reasons, should be particularly appealing to countries with a heavy debt service burden since it is a foreign-exchange conserving programme given the lowerimporrrequirements of agricultural growth and itslinka,geeffectscompared with those of industry-led import substitution strategy. He …
Backward Integration And Foreign Exchange Conservation, Usman. Mallam Lsmaila
Backward Integration And Foreign Exchange Conservation, Usman. Mallam Lsmaila
Bullion
Agricultural import substitution can play an important role in foreign exchange conservation in Nigeria since a significant proportion of local industries process agricultural raw materials, which are usually in short supply. This study examines some of the benefits associated with agricultural produce in boosting economic growth and enhancing external reserves.
Developments In The Agricultural Sector In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn
Developments In The Agricultural Sector In The Fourth Quarter Of 1990, Central Bank Of Nigeria Cbn
Economic and Financial Review
Given these positive developments, overall output of staple crops, rose at the end of the quarter, by 10.2 per cent compared with 4.9 per cent in the corresponding period of the previous year. Livestock production increased by 0.6 per cent in contrast to a decline of 0.7 per cent in the fourth quarter of 1989. However, the performance of the agricultural sector was moderated slightly by a few reports of drought and pests outbreaks in Bomo, Kano, Katsina and Sokoto States, where some field crops such as millet, sorghum and cowpeas were destroyed, while erosion and flood threatened crop production …
Statistics (December 1990), Central Bank Of Nigeria Cbn
Statistics (December 1990), Central Bank Of Nigeria Cbn
Economic and Financial Review
This is a statistical representation of economic activities in Nigeria in December 1990