scholarly journals The Impact of Net-Migration on Total Fertility Rate in Sub-Sahara African Countries: Empirical Evidence from Nigeria

2018 ◽  
Vol 14 (11) ◽  
pp. 34
Author(s):  
Muhammed A. Obomeghie ◽  
Idris Abubakar ◽  
Yerima Isah Abdulrahman
Keyword(s):  
Total Fertility Rate ◽  
Time Series Data ◽  
Migration Policy ◽  
Fertility Rate ◽  
Series Data ◽  
High Fertility ◽  
African Countries ◽  
Net Migration ◽  
Using Data ◽  
The Impact

The aim of the study is to empirically analyse the impact of netmigration on total fertility rate in Sub-Sahara African countries using data from Nigeria. The rational for the study is under-scored by the need for Sub- Sahara African Countries to have a balanced fertility rate that will enable them to achieve their desired economic growth and development, a situation which their current fertility rate cannot sustain; partly due to the migration activities of its working population. Secondary time series data on targeted variable covering the period from 2000 to 2016 were collected and analysed using econometric packages. Findings show that net-migration impact on total fertility rate positively in Nigeria. It is recommended that government should evolve and maintain a balance migration policy that will help to reduce the current high fertility rate through a cultural re-orientation of Nigeria communities which still places preference on large families.

scholarly journals Impact of Remittances on Economic Growth: Evidence from Selected West African Countries (Cameroon, Cape Verde, Nigeria and Senegal)

2015 ◽  
Vol 1 (2) ◽  
Author(s):  
Muriel Adarkwa ◽  
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
West African ◽  
Cape Verde ◽  
Series Data ◽  
African Countries ◽  
The World Bank ◽  
Negative Effect ◽  
The Impact ◽  
Positive Effect

Remittances from abroad play a key role in the development of many West African countries. Remittances tend to increase the income of recipients, reduce shortage of foreign exchange and help alleviate poverty. This research examines the impact of remittances on economic growth in four selected West African countries: Cameroon, Cape Verde, Nigeria and Senegal. Using developmentalist, structuralist and pluralist views on remittances, a linear regression was run on time series data from the World Bank database for the period 2000–2010. After a critical analysis of the impact of remittances on economic growth in these four countries, it was found that inflow of remittances to Senegal and Nigeria has a positive effect on these countries’ gross domestic product whereas for Cape Verde and Cameroon it had a negative effect. Cameroon benefitted the least from remittances and Nigeria benefitted the most within the period. One contribution of this study is the finding that remittance inflows need to be invested in productive sectors. Even if remittances continue to increase, without investment in productive sectors they cannot have any meaningful impact on economic growth in these countries.

scholarly journals Empirical Evidence for the Impact of Environmental Quality on Life Expectancy in African Countries

2021 ◽  
Vol 11 (29) ◽  
Author(s):  
Sisay Demissew Beyene ◽  
Balázs Kotosz
Keyword(s):  
Sustainable Development ◽  
Life Expectancy ◽  
Environmental Quality ◽  
Time Series Data ◽  
Series Data ◽  
African Countries ◽  
Environmental Performance Index ◽  
Distributed Lag ◽  
Improve Life Expectancy ◽  
The Impact

Background. Protecting the health of citizens is a central aim of sustainable development plans, due to the effect of health on social and economic development. However, studies show that environment-related diseases adversely affect the health status of a people, and this situation is worse for African countries. The Sustainable Development Goals (SDG) targets have included reducing environment-related deaths since 2015. However, there is a lack of empirical findings focused on the effects of environmental quality on life expectancy in Africa. Objectives. The present study examined the impact of environmental quality on life expectancy in 24 African countries. Methods. Time-series data ranging from 2000 to 2016 was used and the panel autoregressive distributed lag (ARDL)–dynamic fixed effect (DFE) model was employed to analyze the data. Results. The results confirmed that, in the long run, improvements in environmental quality significantly increased life expectancy in the studied African countries during the study period. A unit increment in environmental performance index (EPI) and ecosystem vitality (EV) increased the life expectancy of Africans by 0.137 and 0.1417 years, respectively. Conclusions. To the best of the authors' knowledge, this is the first empirical (econometric) study using a broad measurement (indicator) of environmental quality to investigate its impact on life expectancy in African countries. The study recommends that the introduction of environmentally friendly economies (like renewable energy, land, water, and waste management), legal, socio-economic, demographic, and technological measures are essential to reduce environmental pollution and improve life expectancy in Africa. Competing Interests. The authors declare no competing financial interests.

Does transnational terrorism reduce foreign direct investment? Business-related versus non-business-related terrorism

2012 ◽  
Vol 49 (3) ◽  
pp. 407-422 ◽  
Author(s):  
Matthew Powers ◽  
Seung-Whan Choi
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Time Series Data ◽  
International Terrorism ◽  
Series Data ◽  
Transnational Terrorism ◽  
Cross Sectional ◽  
Using Data ◽  
Multinational Businesses ◽  
The Impact

Although several existing studies examine the economic impact of transnational terrorism by referring to its potential to reduce foreign direct investment (FDI), they overlook possible differences in the effects of business-related and non-business-related terrorism. We argue that the former type of terror negatively affects FDI since it damages multinationals’ buildings, destroys their products, kills their employees, and causes a rise in insurance premiums. The latter type of terror, however, does not induce the same ramifications and should thus have little or less influence on a country’s FDI. In order to examine the effects of these two different types of transnational terrorism, we employ three different statistical techniques using data gleaned from the International Terrorism: Attributes of Terrorist Events (ITERATE) dataset. A cross-sectional, time-series data analysis of 123 developing countries during the period from 1980 to 2008 reveals that transnational terrorism that harms multinational businesses contributes to a decrease of foreign investment but transnational terrorism that afflicts non-business-related targets is statistically irrelevant. This implies that when countries implement counterterrorism measures that are directly intended to mitigate the impact of business-related terrorist activities, they are likely to attract more foreign capital and should therefore realize a greater degree of economic development.

scholarly journals Impact of Illicit Financial Flow on Economic Growth and Development: Evidence from Nigeria

2017 ◽  
Vol 3 (4) ◽  
pp. 19-33 ◽  
Author(s):  
Amah Kalu Ogbonnaya ◽  
Okezie Stella Ogechuckwu
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Time Series Data ◽  
Series Data ◽  
African Countries ◽  
Financial Flows ◽  
Economic Growth And Development ◽  
Financial Flow ◽  
Illicit Financial Flows ◽  
The Impact

This paper assessed the impact of illicit financial flow on economic growth and development in Nigeria. Data was sourced from the statistical bulletin of the Central bank of Nigeria and Global Financial Integrity estimates of illicit financial flows. Time series data from 1980-2015 was used. The variables were tested for unit root and co-integration and were found to have a long run relationship. The results further indicated that illicit financial flows had a significant impact both on economic growth and development. The study among others recommends that government of Nigeria and indeed other African countries must lobby developed nations to adopt control so that individuals who move funds out of Nigeria into tax havens and secrecy jurisdictions can be exposed. It was also recommended that African states and indeed Nigeria, in particular, must develop customs capacity in order to fight the massive outflows of capital through illicit practices.

Impact of exchange rate and oil price on the yield of sovereign bond and sukuk: Evidence from Malaysian capital market

2017 ◽  
Vol 5 (4) ◽  
pp. 27
Author(s):  
Huda Arshad ◽  
Ruhaini Muda ◽  
Ismah Osman
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Time Series Data ◽  
Oil Prices ◽  
Oil Price ◽  
Series Data ◽  
Sovereign Bond ◽  
Long Run ◽  
Short Run ◽  
The Impact

This study analyses the impact of exchange rate and oil prices on the yield of sovereign bond and sukuk for Malaysian capital market. This study aims to ascertain the effect of weakening Malaysian Ringgit and declining of crude oil price on the fixed income investors in the emerging capital market. This study utilises daily time series data of Malaysian exchange rate, oil price and the yield of Malaysian sovereign bond and sukuk from year 2006 until 2015. The findings show that the weakening of exchange rate and oil prices contribute different impacts in the short and long run. In the short run, the exchange rate and oil prices does not have a direct relation with the yield of sovereign bond and sukuk. However, in the long run, the result reveals that there is a significant relationship between exchange rate and oil prices on the yield of sovereign bond and sukuk. It is evident that only a unidirectional causality relation is present between exchange rate and oil price towards selected yield of Malaysian sovereign bond and sukuk. This study provides numerical and empirical insights on issues relating to capital market that supports public authorities and private institutions on their decision and policymaking process.

Transport infrastructure of the Rostov Oblast: Problems and prospects for development in the context of national projects implementation

2020 ◽  
Vol 19 (6) ◽  
pp. 1015-1034
Author(s):  
O.Yu. Patrakeeva
Keyword(s):  
Time Series Data ◽  
Mutual Influence ◽  
Rostov Oblast ◽  
Transport Infrastructure ◽  
Series Data ◽  
Cointegration Tests ◽  
Level Of Economic Development ◽  
Short Run ◽  
The Government ◽  
The Impact

Subject. The paper considers national projects in the field of transport infrastructure, i.e. Safe and High-quality Roads and Comprehensive Plan for Modernization and Expansion of Trunk Infrastructure, and the specifics of their implementation in the Rostov Oblast. Objectives. The aim is to conduct a statistical assessment of the impact of transport infrastructure on the region’s economic performance and define prospects for and risks of the implementation of national infrastructure projects in conditions of a shrinking economy. Methods. I use available statistics and apply methods and approaches with time-series data, namely stationarity and cointegration tests, vector autoregression models. Results. The level of economic development has an impact on transport infrastructure in the short run. However, the mutual influence has not been statistically confirmed. The paper revealed that investments in the sphere of transport reduce risk of accidents on the roads of the Rostov Oblast. Improving the quality of roads with high traffic flow by reducing investments in the maintenance of subsidiary roads enables to decrease accident rate on the whole. Conclusions. In conditions of economy shrinking caused by the complex epidemiological situation and measures aimed at minimizing the spread of coronavirus, it is crucial to create a solid foundation for further economic recovery. At the government level, it is decided to continue implementing national projects as significant tools for recovery growth.

A Macroeconomic Analysis of Agricultural Sector in Nigeria

2019 ◽  
Vol 5 (1) ◽  
pp. 18-25
Author(s):  
Isah Funtua Abubakar ◽  
Umar Bambale Ibrahim
Keyword(s):  
Value Chain ◽  
Crop Production ◽  
Agricultural Sector ◽  
Time Series Data ◽  
Tourism Industry ◽  
Series Data ◽  
Size Analysis ◽  
The Real ◽  
Real Gdp ◽  
The Impact

This paper attempts to study the Nigerian agriculture industry as a panacea to growth as well as an anchor to the diversification agenda of the present government. To do this, the time series data of the four agriculture subsectors of crop production, livestock, forestry and fishery were analysed as stimulus to the Real GDP from 1981-2016 in order to explicate the individual contributions of the subsectors to the RGDP in order to guide the policy thrust on diversification. Using the Johansen approach to cointegration, all the variables were found to be cointegrated. With the exception of the forestry subsector, all the three subsectors were seen to have impacted on the real GDP at varying degrees during the time under review. The crop production subsector has the highest impact, however, taking size-by-size analysis, the livestock subsector could be of much importance due to its ability to retain its value chain and high investment returns particularly in poultry. Therefore, it is recommended that, the government should intensify efforts to retain the value chain in the crop production subsector, in order to harness its potentials optimally through the encouragement of the establishment of agriculture cottage industries. Secondly, the livestock subsector is found to be the most rapidly growing and commercialized subsector. Therefore, it should be the prime subsector to hinge the diversification agenda naturally. Lastly, the tourism industry which is a source through which the impact of the subsector is channeled to the GDP should be developed, in order to improve the impact of such channel to GDP with the sole objective to resuscitate the forestry subsector.

The Effects of Oil Prices Changes on Output Growth and Inflation: Evidence from Turkey

2013 ◽  
Vol 5 (11) ◽  
pp. 730-739 ◽  
Author(s):  
Pelin ÖGE GÜNEY
Keyword(s):  
Time Series Data ◽  
Output Growth ◽  
Oil Price ◽  
Series Data ◽  
Negative Effects ◽  
Price Changes ◽  
Asymmetric Effects ◽  
Price Increases ◽  
Causality Tests ◽  
The Impact

This paper investigates the effects of oil price changes on output and inflation for the case of Turkey using monthly time series data for the period 1990:1–2012:3. Recent studies suggest that oil price changes may have asymmetric effects on the macroeconomic variables. To account for asymmetric effects, we decompose oil price changes into positive and negative parts following Hamilton (1996). Our results show that while oil price increases have clear negative effects on output growth, the impact of oil price decline is insignificant. Similarly, oil price increases have positive and significant effects on inflation. However, oil price declines have not a significant effect on inflation. The Granger causality tests also support these results.

Does Tax Increment Financing Pass the “But-for” Test in Missouri?

2019 ◽  
Vol 33 (3) ◽  
pp. 187-202
Author(s):  
Ahmed Rachid El-Khattabi ◽  
T. William Lester
Keyword(s):  
Economic Development ◽  
Kansas City ◽  
Time Series Data ◽  
Local Level ◽  
Conclusive Evidence ◽  
Series Data ◽  
Tax Increment Financing ◽  
Data Set ◽  
Development Indicators ◽  
The Impact

The use of tax increment financing (TIF) remains a popular, yet highly controversial, tool among policy makers in their efforts to promote economic development. This study conducts a comprehensive assessment of the effectiveness of Missouri’s TIF program, specifically in Kansas City and St. Louis, in creating economic opportunities. We build a time-series data set starting 1990 through 2012 of detailed employment levels, establishment counts, and sales at the census block-group level to run a set of difference-in-differences with matching estimates for the impact of TIF at the local level. Although we analyze the impact of TIF on a wide set of indicators and across various industry sectors, we find no conclusive evidence that the TIF program in either city has a causal impact on key economic development indicators.

EFFECTS OF TREND AND PERIODICITY ON THE CORRELATION DIMENSION AND THE LYAPUNOV EXPONENTS

2008 ◽  
Vol 18 (12) ◽  
pp. 3679-3687 ◽  
Author(s):  
AYDIN A. CECEN ◽  
CAHIT ERKAL
Keyword(s):  
Time Series ◽  
Lyapunov Exponent ◽  
Lyapunov Exponents ◽  
Correlation Dimension ◽  
Time Series Data ◽  
Logistic Map ◽  
Model Identification ◽  
Series Data ◽  
Largest Lyapunov Exponent ◽  
The Impact

We present a critical remark on the pitfalls of calculating the correlation dimension and the largest Lyapunov exponent from time series data when trend and periodicity exist. We consider a special case where a time series Zi can be expressed as the sum of two subsystems so that Zi = Xi + Yi and at least one of the subsystems is deterministic. We show that if the trend and periodicity are not properly removed, correlation dimension and Lyapunov exponent estimations yield misleading results, which can severely compromise the results of diagnostic tests and model identification. We also establish an analytic relationship between the largest Lyapunov exponents of the subsystems and that of the whole system. In addition, the impact of a periodic parameter perturbation on the Lyapunov exponent for the logistic map and the Lorenz system is discussed.

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