Economics Commons^™

Effects Of Exchange Rate Movements On Economic Growth In Nigeria, Eme O. Akpan, Johnson A. Atan

CBN Journal of Applied Statistics (JAS)

This study investigates the effect of exchange rate movements on real output growth in Nigeria. Based on quarterly series for the period 1986 to 2010, the paper examines the possible direct and indirect relationship between exchange rates and GDP growth. The relationship is derived in two ways using a simultaneous equations model within a fully specified (but small) macroeconomic model. A Generalised Method of Moments (GMM) technique was explored. The estimation results suggest that there is no evidence of a strong direct relationship between changes in exchange rate and output growth. Rather, Nigeria’s economic growth has been directly affected by …

Exchange Rate Volatility In Nigeria: Consistency, Persistency & Severity Analyses, Babatunde Adeoye, Akinwande A. Atanda

CBN Journal of Applied Statistics (JAS)

The adoption of the International Monetary Fund (IMF) Structural Adjustment Programme (SAP) in 1986 resulted in the transition from fixed exchange rate regime to floating exchange rate regime in Nigeria. Ever since, the exchange rate of naira vis-à-vis the U.S dollar has attained varying rates all through different time horizons. On this basis, this study examines the consistency, persistency, and severity (degree) of volatility in exchange rate of Nigerian currency (naira) vis-a-vis the United State dollar using monthly time series data from 1986 to 2008. The standard Purchasing Power Parity (PPP) model was used to analyze the long-run consistency of …

Foreign Private Investment And Economic Growth In Nigeria: A Cointegrated Var And Granger Causality Analysis, F. Z. Abdullahi, S. Ladan, Haruna R. Bakari

CBN Journal of Applied Statistics (JAS)

This research uses a cointegration VAR model to study the contemporaneous long-run dynamics of the impact of Foreign Private Investment (FPI), Interest Rate (INR) and Inflation rate (IFR) on Growth Domestic Products (GDP) in Nigeria for the period January 1970 to December 2009. The Unit Root Test suggests that all the variables are integrated of order 1. The VAR model was appropriately identified using AIC information criteria and the VECM model has exactly one cointegration relation. The study further investigates the causal relationship using the Granger causality analysis of VECM which indicates a uni-directional causality relationship between GDP and FDI …

Banking Sector Credit And Economic Growth In Nigeria: An Empirical Investigation, Aniekan O. Akpansung, Sikiru J. Babalola

CBN Journal of Applied Statistics (JAS)

The paper examines the relationship between banking sector credit and economic growth in Nigeria over the period 1970-2008. The causal links between the pairs of variables of interest were established using Granger causality test while a Two-Stage Least Squares (TSLS) estimation technique was used for the regression models. The results of Granger causality test show evidence of unidirectional causal relationship from GDP to private sector credit (PSC) and from industrial production index (IND) to GDP. Estimated regression models indicate that private sector credit impacts positively on economic growth over the period of coverage in this study. However, lending (interest) rate …

Neither The Washington Nor Beijing Consensus: Developmental Models To Fit African Realities And Cultures, Sanusi L. Sanusi

CBN Journal of Applied Statistics (JAS)

No abstract provided.

The Urban Fabric Of The Great Plains, Andrew Becker

Department of Environmental Studies: Undergraduate Student Theses

To most Americans the Great Plains region of North America is mysterious place. There are disagreements when defining its limits, and some people just refer to it as the Midwest. The Great Plains has been a place under an ocean, a place under glaciers, and a place on fire. It was once dubbed “the Great American Desert,” but is now known for its agricultural viability. The Great Plains sparks imagination because it is so massive and was one of the final frontiers for Euro-American settlement. The Great Plains is seen as a rural place but the majority of the region’s …

Cagan Type Rational Expectations Model On Time Scales With Their Applications To Economics, Funda Ekiz

Masters Theses & Specialist Projects

Rational expectations provide people or economic agents making future decision with available information and past experiences. The first approach to the idea of rational expectations was given approximately fifty years ago by John F. Muth. Many models in economics have been studied using the rational expectations idea. The most familiar one among them is the rational expectations version of the Cagans hyperination model where the expectation for tomorrow is formed using all the information available today. This model was reinterpreted by Thomas J. Sargent and Neil Wallace in 1973. After that time, many solution techniques were suggested to solve the …

Brief 2: Overcoming Fragmented Governance: The Case Of Climate Change And The Mdgs, Oran R. Young

Governance and Sustainability Issue Brief Series

Fragmented governance hampers efforts to address tightly coupled challenges, like coming to grips with climate change and fulfilling the Millennium Development Goals. The way forward is to launch programmatic initiatives focusing on adaptation to climate change and the transition to a green economy that appeal to many separate bodies as win-win opportunities.

Portraits Of The Land: Environmentalism And Contemporary Art In Mongolia, Sarah Morgan

Independent Study Project (ISP) Collection

Environmental concerns are globally relevant, but in Mongolia they hold special importance. Not only does Mongolia contain an unusual amount of pristine wilderness, but Mongolian history and culture are also deeply rooted in a close bond with the land. Now, increased development and globalization are placing new pressures on environmental systems. In response to these pressures, Mongolians artists are joining a national (and global) conversation about the interactions between art, environment, cultural heritage, and activism.

This study explores the sources of inspiration and motivation for these artists. Through this research, I hope to bring to light the role of the …

Seaweed Farmer Education: Is It Enough To Sustain The Industry? Analyzing The Status Of Stakeholder Investment In Muungoni And Jambiani, Unguja, Erika Davis

Independent Study Project (ISP) Collection

Since Filipino researchers arrived in Zanzibar to determine the potential for cultivation of seaweed more than 20 years ago, the islands' coastal communities have relied on the resource as a main or alternative source of income. When the companies started investing at the industry’s onset, trained personnel offered farmers' education on proper farming techniques for Spinosum (Eucheuma denticulatum) and Cottonii (Kappaphycus spp.) by establishing demonstrative (demo) farms and holding seminars. Today, informal training involves experienced farmers teaching the newcomers their techniques. While demo farms remain in some villages, companies offer no extension services based on the belief that the farmers …

Conflicting Perspectives, Contentious Problems A Case Study Of Kwale International Sugar Co. Ltd. In Msambweni District, Jayme Tsutsuse

Independent Study Project (ISP) Collection

This paper presents a report of the findings from a four-week study on the varying perspectives towards Kwale International Sugar Co. Ltd. which have brought about problems concerning land, development, and politics. It discusses findings fromliterary sources and field work, including correspondence, interviews, forums, and focus group discussions with government representatives, company managers, and community members. It highlights where recorded information is inconsistent, making it difficult for the people and company to coexist. Additionally, it describes how the community’s grievances developed and critiques the various actors and actions that are responsible. Lastly, it provides recommendations to a way forward towards …

Economic Analysis On The Sustainability Of Slow Steaming In Liner Shipping, Zhou Dong

World Maritime University Dissertations

No abstract provided.

The Research On Site Selection Of Dry Port Cluster Of Ningbo Port, Jiawei Feng

World Maritime University Dissertations

No abstract provided.

Multimodal Transport Cost Analysis Of Coal Transport From Datong To Wh Power Station, Tingting Gao

World Maritime University Dissertations

No abstract provided.

The Research On Competitiveness Of The Shipping Sectors In Pudong Shipping Cluster Of Shanghai International Shipping Center, Yuan Feng

World Maritime University Dissertations

No abstract provided.

Optimum Vessel Size (New Maersk 18,000 Teu Vessels) And Operations In The Malacca Straits, Knoll David Brian

World Maritime University Dissertations

No abstract provided.

Analysis Of Proper Capacity At Jakarta International Container Terminal, Dwipoyono Bagus

World Maritime University Dissertations

No abstract provided.

Analysis Of Chinese Dry Bulk Ship Operators' Operation Mode And Strageties Basis On Voyage Estimation, Jinlong Ke

World Maritime University Dissertations

No abstract provided.

Research On The Impact Of Container Freight Derivatives On Shipping, Zhenle Shen

World Maritime University Dissertations

No abstract provided.

An Investigation Of Shipping Derivatives Based On Risk Evaluation, Sheng Yang

World Maritime University Dissertations

No abstract provided.

Research On Port-City Economic Interaction Effect Between Shanghai And Yangshan Port, Yifan Xu

World Maritime University Dissertations

No abstract provided.

The Research On Ship Financing Lease Mode And Risk Prevention, Yang Liu

World Maritime University Dissertations

No abstract provided.

The Study On The Optimization For Coscon Fleet Deployment In The Asia-Europe Lane, Zhihao Lin

World Maritime University Dissertations

No abstract provided.

Process Optimization In Freight Forwarding Industry, Xiaohua Shi

World Maritime University Dissertations

No abstract provided.

Research On The Fluctuation And Forecasting Of International Dry Bulk Shipping Market Cycle Based On Rocet, Qianmo Zhang

World Maritime University Dissertations

No abstract provided.

Liner Shipping Lane Planning From Shanghai Port To Guangzhou Port Of Shanghai Baoyin Shipping Co., Ltd, Zhujun Zhou

World Maritime University Dissertations

No abstract provided.

Supply Chain Performance Of The Australian Beef Industry: Comparing The Industry Structure, Inter-Firm Relationships And Knowledge Systems Of Western Australia And Queensland, Mohammad Nasir Uddin,, Nazrul Islam, Mohammed Quaddus

Books & book chapters

The meat and livestock industry in Australia accounts for more than 45 per cent of Australia’s total value of agricultural production, within which beef is the largest industry in value terms (Nossal, Sheng and Zhao 2008). But the industry is experiencing a long-term decline in terms of trade, and has lagged behind other industries in rates of productivity improvement (MLA 2008). As it is critical for the economy that the beef industry maintains profitability and sustainability, it is believed that the performance, competitiveness and success of the industry depends on improving cost efficiency and productivity of the whole supply chain …

Review: Robert H. Nelson, The New Holy Wars: Economic Religion Vs. Environmental Religion In Contemporary America, Andre Wakefield

Pitzer Faculty Publications and Research

This is a book review of Robert H. Nelson's The New Holy Wars: Economic Religion vs. Environmental Religion in Contemporary America. Nelson argues that environmentalism and economics represent competing religious worldviews. Within this framework, debates over issues like global warming and acid rain become veiled theological disputes between these two “secular religions.” Nelson paints with a broad, aggressive brush. This is both the strength and weakness of his book, as he conjures a world of epic battles between the economic faithful, who worship material progress, and the environmentally pious, who bemoan the corruption visited by humans upon the natural world. …

Valuing Ecological Systems And Services, Robert Costanza, Ida Kubiszewski, David E. Ervin, Randall Bluffstone, Darrell Brown, Heejun Chang, Veronica Dujon, Elise F. Granek, Stephen Polasky, Vivek Shandas, J. Alan Yeakley, James Boyd

Institute for Sustainable Solutions Publications and Presentations

Making trade-offs between ecological services and other contributors to human well-being is a difficult but critical process that requires valuation. This allows both better recognition of the ecological, social, and economic trade-offs and also allows us to bill those who use up or destroy ecological services and reward those that produce or enhance them. It also aids improved ecosystems policy. In this paper we clarify some of the controversies in defining the contributions to human well-being from functioning ecosystems, many of which people are not even aware of.We go on to describe the applicability of the various valuation methods that …

Stock Market Reaction To Selected Macroeconomic Variables In The Nigerian Economy, Abraham Williams Terfa

CBN Journal of Applied Statistics (JAS)

This study examines the relationship between the stock market and selected macroeconomic variables in Nigeria. The all share index was used as a proxy for the stock market while inflation, interest and exchange rates were the macroeconomic variables selected. Employing error correction model, it was found that a significant negative short run relationship exists between the stock market and the minimum rediscounting rate (MRR) implying that, a decrease in the MRR, would improve the performance of the Nigerian stock market. It was also found that exchange rate stability in the long run, improves the performance of the stock market. Though …