scholarly journals Determinants of the intra-industry trade in cereal and miscellaneous edible preparations: the evidence for Nigeria and the ECOWAS partners

2014 ◽  
Vol 60 (No. 1) ◽  
pp. 21-30 ◽  
Author(s):  
G.O. Onogwu

The trade liberalization processes of the Economic Community of West African States (ECOWAS) are implemented through such interventions like free international trade, common external tariff wall, the consolidation or freezing of custom duties and non-tariff barriers to the intra-trade among others. However, the extent to which these efforts have translated to the intra-industry trade in the prepared foodstuff products has not been investigated yet. The objectives of this study are to assess the intra-industry trade theory in cereal and miscellaneous edible preparations; to evaluate the growth rates of simultaneous exports and imports in these prepared foodstuff sub-sections; to evaluate the extent of the intra-industry trade in the sub sections, and to determine the effects of the Nigeria’s and partners’ characteristics on the intra-industry trade. The results revealed that the intra-industry trade in cereal preparations are positively and significantly influenced by the partners’ gross national income (GNI) per capita and the partners’ foreign direct investment (FDI), but they are negatively influenced by the Nigeria’s household final consumption expenditure. Also, the intra-industry trade in miscellaneous edible preparations is influenced positively by the partners’ GNI per capita and the partners’ households’ final consumption expenditures, while the Nigeria’s foreign direct investment and the value added by manufacturing negatively influence the intra-industry trade in the product sub-sections within the ECOWAS sub-region. Both exports and imports growth rates of these products fluctuate, but more in the imports of miscellaneous edible preparations. Cost saving options in transportation, the use of efficient machines during the production, processing and packaging are recommended.

2021 ◽  
Vol 4 (1) ◽  
pp. 47
Author(s):  
Mega Zahira Virtyani ◽  
Dr. Ignatia Martha Hendrati,S.E.,M.E. ◽  
Kiki Asmara,S.E.,MM

Abstrak Pendapatan Nasional Per Kapita merupakan pendapatan rata-rata semua penduduk di suatu negara. Penelitian ini bertujuan untuk menganalisis pengaruh Pembentukan Modal Tetap Bruto, Investasi Asing Langsung, dan Ekspor Barang dan Jasa terhadap Pendapatan Nasional Per Kapita Indonesia dalam menghindari Middle Income Trap. Metode yang digunakan dalam penelitian ini adalah metode regresi linier berganda dengan menggunakan data Indonesia periode tahun 2008-2019. Hasil penelitian menunjukkan secara bersama-sama variabel Pembentukan Modal Tetap Bruto, Investasi Asing Langsung, dan Ekspor Barang dan Jasa berpengaruh secara signifikan. Tetapi secara parsial, hanya Pembentukan Modal Tetap Bruto yang memiliki tingkat signifikan. Sedangkan, Ekspor Barang dan Jasa dan Investasi Asing langsung tidak berpengaruh secara signifikan. Upaya yang dapat dilakukan dalam menghindari Middle Income Trap yaitu Pembentukan Modal Tetap Bruto, Investasi Asing Langsung, dan Ekspor Barang dan Jasa meningkat secara bersama-sama agar dapat memberikan nilai tambah produktivitas terhadap Pendapatan Nasional Indonesia. Kata Kunci : Pembentukan Modal Tetap Bruto, Investasi Asing Langsung, Ekspor, Pendapatan Nasional Per Kapita, Jebakan Pendapatan Menengah. Abstract National Income Per Capita is the average income of all residents in a country. The purposes of this research are determine the effect of Gross Fixed Capital Formation, Foreign Direct Investment, and  Exports of Goods and Services on Indonesia's National Income Per Capita in avoiding Middle Income Trap. The method that used in this research is multiple linear regression method using Indonesian data for 2008-2019. The results of this research show that the variables of Gross Fixed Capital Formation, Foreign Direct Investment, and  Exports of  Goods and Services have a significant effect at the same time. Partially, only Gross Fixed Capital Formation has a significant level. Meanwhile, Exports of Goods and Services and Foreign Direct Investment do not have a significant effect. The efforts that can be made to avoid Middle Income Traps, are Gross Fixed Capital Formation, Exports of Goods and Services, and Foreign Direct Investment can be increase at the same time to give extra value for the productivity to Indonesia's National Income. Key Word : Gross Fixed Capital Formation, Foreign Diret Investment, Gross National Income Per Capita, Middle Incom Trap.


Equilibrium ◽  
2019 ◽  
Vol 14 (2) ◽  
pp. 341-357 ◽  
Author(s):  
Elena Horská ◽  
Serhiy Moroz ◽  
Zuzana Poláková ◽  
Ľudmila Nagyová ◽  
Ihor Paska

Research background: In recent years, special attention has been given to the research direction regarding the study of economic, social, and demographic aspects of regional development. This direction is especially important for transition countries, including Ukraine. Despite that, there is a lack of research studies in which interdependencies of economic and demographic indicators of Ukraine’s regions are investigated. Purpose of the article: The paper assesses the relationships between the selected indicators of Ukrainian regions (export of goods per capita, foreign direct investment per capita, and the average resident population) and gross regional product per capita. Methods: Research results were compared in the periods before and during the military conflict in the eastern part of the country, based on regional data for 2010 and 2015. We used a multiple linear econometric model and tested multicollinearity. Findings & Value added: The analysis confirms that there is a positive correlation between export of goods and gross regional product and between foreign direct investment and gross regional product. That is why it is necessary to pay attention to the effective use of existing trade opportunities, especially within the framework of the Ukraine — EU Association Agreement, and to elaborate directions for further expansion of export activities. It is important to provide simpler and more understandable conditions in order to attract foreign investments in Ukrainian regions. Our study also shows that there is no influence of the average resident population on gross regional product. In many aspects, the interaction between demographic and economic components takes place through the labour market. This situation indicates that insufficient attention is given to regional employment issues, and the quantitative and structural imbalance is observed on the labour market at the regional level. In our opinion, to improve the situation, targeted activities should be elaborated on in the frame of regional development programmes.


Author(s):  
Onome Christopher Edo ◽  
Anthony Okafor ◽  
Akhigbodemhe Emmanuel Justice

Objective – The purpose of this study is to investigate the effect of corporate taxes on the flow of Foreign Direct Investment (FDI) in Nigeria between 1983 and 2017. Methodology/Technique – This study adopts an ex-post facto research design. Secondary data was sourced from the World Bank Development Indicator, the Central Bank of Nigeria database, and the Federal Inland Revenue database. The research data was analyzed using the Error Correction Model (ECM). Findings – The coefficient of determination (R2) shows that approximately 77% of systematic changes in FDI are attributed to the combined effect of all of the explanatory variables used in this study. Specifically, the study concludes that Company Income Tax, Value Added Tax, and Custom and Excise Duties have a significant but negative relationship with FDI. In contrast, Tertiary Education Tax has a positive association with FDI. Further, Exchange Rate has a negative but significant relationship with FDI, Inflation had an insignificant but positive association with FDI, and GDP growth Rate and Trade Openness demonstrate a positive and significant association with FDI. Novelty – The findings of this study are distinguishable from previous studies, as it uncovers new evidence that higher Education Tax Rates influences FDI and emerging evidence on the effect of non-tax variables on FDI inflow. Type of Paper: Empirical. JEL Classification: E22, F21, H2, P33. Keywords: Corporate Taxes; Foreign Direct Investment; Error Correction Model; Nigeria; Non-Tax Variables. Reference to this paper should be made as follows: Edo, O.C; Okafor, A; Justice, A.E. 2020. Corporate Taxes and Foreign Direct Investment: An Impact Analysis, Acc. Fin. Review 5 (2): 28 – 43. https://doi.org/10.35609/afr.2020.5.2(1)


2021 ◽  
Vol 1 (2) ◽  
pp. 69-82
Author(s):  
Danial Darwis ◽  
Theyana Howay

Pada Juni 2016, warga Inggris memilih untuk meninggalkan Uni Eropa, fenomena ini dikenal dengan nama Britania Exit yang disingkat dengan Brexit. Tulisan ini bertujuan untuk mengkaji pengaruh Britania Exit (Brexit) terhadap perekonomian Britania Raya, yaitu Gross National Income (GNI) dan Gross National Product (GNP) berdasarkan ekspor-impor, Foreign Direct Investment (FDI) dan ketenagakerjaan. Referendum menunjukkan bahwa lebih dari lima puluh persen warga Inggris memilih keluar dari Uni Eropa. Pasca politik British Exit (Brexit). Referendum Brexit terlihat dari alasan fundamental yaitu regulasi pasar ekonomi Inggris sendiri dan masalah imigrasi. Itu membuat Inggris kehilangan lebih banyak karena akses preferensial yang hilang ke pasar Uni Eropa yang besar. Tulisan ini menganalisis dengan menggunakan teori pertumbuhan ekonomi dan konsep kepentingan nasional. Metode penelitian yang digunakan adalah metode penelitian kualitatif, dengan sumber data sekunder yang didapatkan dari berita online, buku, jurnal, dan sumber-sumber tertulis lainnya. Teknik pengumpulan data yang digunakan adalah studi kepustakaan (library research), dengan teknik analisis data yang dimulai dari reduksi data, penyajian data, hingga penarikan kesimpulan. Adapun hasil dan pembahasan dari tulisan ini adalah kepentingan nasional Inggris yang berupa persoalan kedaulatan menjadi alasan dari Brexit, meskipun hal tersebut berdampak terhadap penurunan pertumbuhan ekonomi yang dialami oleh Inggris.


Author(s):  
Sujan Chandra Paul ◽  
Nusrat Jahan ◽  
Ashim Kumar Nandi ◽  
Md Asiqur Rahman

The aim of this study is explore the effect of foreign direct investment on agriculture and rural development. For this, panel data of 46 countries from Asia were accumulated for the time frame 1991–2018. The models OLS, POLS, 2SLS, and GMM are employed in this study. The study reveals that there is a favorable association between foreign direct investment and agricultural land as percentage of total land using the models OLS, POLS, 2SLS. In stark contrast, value added for agriculture, forestry, and fishing has an unfavorable association with foreign direct investment in all models employed in the study. Furthermore, female employment in agriculture has a negative association with foreign direct investment in OLS, 2SLS and GMM models, whereas male employment in agriculture has a negative association with foreign direct investment in the POLS model only. Land under cereal production has a favorable association with foreign direct investment in all models except POLS, and permanent cropland has a favorable association with foreign direct investment in all models except GMM. In addition, rural population has a positive relationship with foreign direct investment in OLS, POLS and 2SLS and a negative relationship with foreign direct investment in GMM.


2021 ◽  
Vol 4 (2) ◽  
pp. 125-144
Author(s):  
Andrew Phiri ◽  

The movie industry is increasingly recognised as a possible avenue for improving economic performance. This study focuses on film production and its influence on South African economic growth (per capita income and employment between 1970 and 2020). Our autoregressive lag distributive (ARDL) estimates on a loglinearised endogenous growth model augmented with creative capital indicate that the production of movies has no significant effects on long-run GDP growth, per capita GDP and employment. The baseline regressions find a short-run positive and significant influence of film production on per capita income and are devoid of long-run effects. However, re-estimating the regressions with interactive terms between movie production and i) government spending ii) foreign direct investment, improve the significance of film regression coefficients which all turn positive and significant, for government spending, and negative for foreign direct investment. Our results indicate that foreign investment crowds out domestic investment whilst government investment in movies is growth-enhancing.


2021 ◽  
Author(s):  
Zhi Wang ◽  
Shang-Jin Wei ◽  
Xinding Yu ◽  
Kunfu Zhu

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