scholarly journals Broadband Penetration and Economic Growth: Evidence from Nigeria

2020 ◽  
pp. 1-6
Author(s):  
S. V. Oloja ◽  
Olubokun Sanmi ◽  
O. A. Obolo ◽  
M. F. Ayinuola
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Primary Data ◽  
Effective Utilization ◽  
Ordinary Least Square ◽  
The World Bank ◽  
Ordinary Least Square Regression ◽  
The Relationship ◽  
Broadband Policy

This paper investigated the relationship between broadband penetration and economic growth in Nigeria. The secondary data for the study were collected from the World Bank and this includes data on Internet broadband usage and Gross Domestic Product while the primary data were generated from the questionnaire administered to the respondents. The descriptive statistics and the ordinary least square regression analytical method were used to examine the relationship between broadband penetration and economic growth. It was discovered that a per cent increase in broadband penetration will only increase output (Economic Growth) by 0.1 per cent in Nigeria. The data analysis showed a significant and positive relationship between broadband penetration and economic growth. The study thus recommended that efforts must be made towards the implementation of broadband policy and effective utilization of the broadband network. Also, better telecommunication reforms that will create enabling environment and encourage the inflow of broadband networks should be made.

scholarly journals Capital Market Performance as a Panacea for Economic Growth in Nigeria

2019 ◽  
Vol 13 (2) ◽  
pp. 1
Author(s):  
Akpokerere Othuke Emmanuel ◽  
Okoroyibo Eloho Elizabeth
Keyword(s):  
Economic Growth ◽  
Capital Market ◽  
Stock Exchange ◽  
Market Performance ◽  
Secondary Data ◽  
Least Square ◽  
Ex Post ◽  
Ordinary Least Square Regression ◽  
Market Variables ◽  
The Capital Market

The paper examined capital market performance as a panacea for economic growth in Nigeria from 1986-2016. A number of related literatures have shown that the Nigerian capital market variables studied has satisfactory market performance and has contributed to economic growth. Yet some researchers observed that the capital market has not significantly mobilized and effectively channeled substantial capital to the real sector of the economy. What could have been the reason for the divergences? The study was anchored on the demand following hypothesis. Secondary data were sourced from Central Bank of Nigeria Statistical Bulletin and Nigeria Stock Exchange fact-book of various editions. The paper adopted the ex-post facto research design while ordinary least square regression techniques was used to process the data gathered using E-views 9.0 software. The null hypotheses (Ho) were tested at 5% level of significance. The findings of the paper revealed that there is negative and insignificant relationship between capital market and the variables studied. The paper conclude that liquidity of the capital market is pivotal for economic growth in Nigeria while the study recommended that all tiers of government should be encouraged to fund their realistic long term developmental program through the Nigeria capital market.

scholarly journals The INFLUENCE OF PRODUCTION FACTORS TOWARD ECONOMIC GROWTH IN INDONESIA

2019 ◽  
Vol 4 (1) ◽  
pp. 44-46
Author(s):  
Wilson Bangun
Keyword(s):  
Economic Growth ◽  
Secondary Data ◽  
Least Square ◽  
Production Factor ◽  
Domestic Investment ◽  
Ordinary Least Square ◽  
Production Factors ◽  
The People ◽  
Data Production ◽  
Using Data

Economic growth as a mesurement and reflect of the people prosperity. Employee production factor have a better contribution if  to compare with capital and technology production factors on Indonesian economic growth. However, Indonesian workforce quality is lowest in ASEAN-5. The research methodology is using the Cobb-Douglas production function with the Ordinary Least Square (OLS), the using equation formulation: lnY = ln a + bi  +e. This research using data is secondary data: production factors using data of progressing of FDI and domestic investment, source of  the World Bank, 2004-2016; Employment is using data of progressing of Indonesia workforce,  sourced from the Biro Pusat Statistik Republik Indonesia, 2004-2016. The research results show that influence of the production factors toward Indonesia economic growth is strongly. This researchs aim to knowledge a large the contribution of production factors on Indonesian Economic growth.

Pengaruh pertumbuhan ekonomi, inflasi dan pengangguran terhadap tingkat kemiskinan di Sumatera Selatan

2019 ◽  
Vol 16 (1) ◽  
pp. 1-10
Author(s):  
Novegya Ratih Primandari
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Linear Regression ◽  
Linear Regression Model ◽  
Time Series Data ◽  
Secondary Data ◽  
Poverty Rate ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square

This research aims to analyze effect of economic growth, inflation and Unemployment on the Rate of Poverty in the Province of South Sumatera. This research used secondary data in the form of time series data from 2001-2017. The method used quantitative approach by applying a linear regression model with OLS estimation Ordinary Least Square (OLS) method. The results of this study indicate that partially and simultaneously Economic Growth, Inflation and Unemployment have a significant effect on the Poverty Rate in the Province of South Sumatera.

scholarly journals Analysis of Factors Affecting the Demand of Chicken Egg’s in the Traditional Market of Medan City

2017 ◽  
Vol 5 (2) ◽  
Author(s):  
Dwi Andini Puspita Sari br Sinaga ◽  
Armyn Hakim Daulay ◽  
Edhy Mirwandhono ◽  
Sayed Umar ◽  
Iskandar Sembiring
Keyword(s):  
Least Squares Method ◽  
Secondary Data ◽  
Least Square ◽  
Primary Data ◽  
Factors Affecting ◽  
Ordinary Least Square ◽  
On Demand ◽  
Chicken Egg ◽  
Traditional Market ◽  
Chicken Eggs

The development of the society resulting for animal protein needed such as chicken egg’s increased and affect the demand for eggs in Medan. Therefore, it is necessary to do research to know the factors that influence the demand of chicken egg in traditional market of Medan city at consumer level by using Ordinary Least Square (OLS) method or least squares method with SPSS 22.0 tool. This study was conducted from May to June 2017. This study used primary data obtained from observations and interviews of respondents. The location of the research is determined purposively and the respondent determination by accidental method. Primary data was obtained from 90 consumers of chicken eggs and added with secondary data from government agencies. Then it was analyzed by multiple linear analysis with 5 demand variables namely, the number of dependents, education, income, egg price of chicken, and age. The results showed that all variables simultaneously had a significant effect on demand. Partially only variable of dependent which have real effect to demand of chicken egg of race. So it can be concluded that the demand for eggs in Medan is only influenced by the number of dependents

scholarly journals The Effect of Investment Efficiency toward Economic Growth in South Sumatera and Jambi Province

2019 ◽  
Vol 17 (2) ◽  
pp. 71-80
Author(s):  
Feny Marissa ◽  
Anna Yulianita ◽  
Annisa Fitriyah
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Development Stage ◽  
Least Square ◽  
Series Data ◽  
Investment Efficiency ◽  
Ordinary Least Square ◽  
Output Ratio ◽  
Regional Product ◽  
The Relationship

The study aims to measure and compare the efficiency level of investment to boost economic growth in South Sumatera and Jambi Province. This study use quantitative approach with time series data between 2007 to 2016 from the Central Bureau of Statistic (BPS) and publication related to the study. The efficiency of investment was measured by Incremental Capital Output Ratio (ICOR) approach and analyzed using Ordinary Least Square (OLS). The study indicates that (1) the relationship between investment efficiency  which measured by ICOR approach and economic growth of each provinces (South Sumatera and Jambi) is negative; (2) this research show that investment efficiency in Jambi Province give more effect to its economic growth than South Sumatera and  Jambi Province has grown better than South Sumatera Province in the same development stage without an increase in the proportion of investment to Gross Domestic Regional Product. 

scholarly journals Analisis Pertumbuhan Ekonomi Daerah Provinsi Jambi

2018 ◽  
Vol 9 (1) ◽  
pp. 22
Author(s):  
Nurdin Nurdin
Keyword(s):  
Economic Growth ◽  
Capital Expenditure ◽  
Secondary Data ◽  
Regression Equation ◽  
Least Square ◽  
Analysis Tool ◽  
Working Population ◽  
Factors Affecting ◽  
Ordinary Least Square ◽  
Investment Capital

This study uses secondary data collected by the object of research in Jambi Province in the form of factors affecting the economic growth of Jambi Province sourced from the Central Bureau of Statistics (BPS). Data were collected during the period 2004 to 2015. The purpose of this study is to analyze and know what factors affect the economic growth of Jambi Province period 2004-2015. The analytical tool used is this research using econometric analysis tool with Ordinary Least Square (OLS) method with multiple linear regression equation through the aid of SPSS software program. 21:00. Based on the discussion of data analysis results in this study, it can be concluded the result of R-squared calculation shown in the above equation obtained R2 value of 0.989. This shows that about 98.90 percent of the upturned economic growth (Yt) in Jambi Province is influenced by investment variable (X1t), capital expenditure (X2t), working population (X3t), unemployment (X4t) and poverty (X5t). While the remaining 1.10 percent, explained by other variables that are not included into the regression equation. Keywords: Economic Growth, Investment, Capital Expenditure, Working Population, Unemployment And Poverty

scholarly journals The Role of Foreign Direct Investment Inflows in Economic Growth in Malaysia

2021 ◽  
Vol 4 (2) ◽  
pp. g11-17
Author(s):  
Tien Siew
Keyword(s):  
Economic Growth ◽  
Unit Root ◽  
Direct Investment ◽  
Unit Root Test ◽  
Granger Causality Test ◽  
Least Square ◽  
Causality Test ◽  
Fdi Inflows ◽  
Ordinary Least Square ◽  
The Relationship

The purpose of this study is to investigate the relationship between the inflows of Foreign Direct Investment (FDI) and economic growth in Malaysia. The sample collected for this empirical study covered 30 years of data from 1991 to 2020. The secondary data was collected annually and a total of 30 observations were taken for each variable. Ordinary Least Square (OLS) regression, unit root test, several diagnostic tests and Granger causality test were used in this research to investigate the relationship between FDI inflows and economic growth. Eviews 11 was used to analyze the time series data throughout all the tests. The result showed that the inflows of FDI has a significant negative relationship with economic growth and there is no causal relationship between FDI and Gross Domestic Product (GDP). Keywords: Economic growth, FDI inflows, Granger Causality Test, Ordinary Least Square regression, Unit Root Test

scholarly journals Causal Nexus between Government Debt, Exports and Economic Growth for Three Eurozone Countries: A Panel Data Analysis

2016 ◽  
Vol 3 (1) ◽  
pp. 47
Author(s):  
Nikolaos Dritsakis ◽  
Pavlos Stamatiou
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Government Debt ◽  
The United States ◽  
Mortgage Market ◽  
Least Square ◽  
Policy Implications ◽  
Ordinary Least Square ◽  
Long Run ◽  
The Relationship

<em>The relationship between government debt, exports and economic growth has been the focus of a considerable number of academic studies in recent years. The economic crisis, which started in the United States mortgage market, quickly went global when mortgage-backed securities traded by financial institutions. Europe’s response was immediate regarding the measures to tackle the crisis. The establishment of common strategies was the long term goal of the European Union (EU). This paper examines the relationship between government debt, exports and economic growth in the EU countries with the highest level of government debt, using panel data over the period 1990-2014. The Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Square (DOLS) methods are used to estimate the long run relationship between the variables. In addition, the Vector Error Correction Model (VECM) is used in order to investigate the causal relationship between the examined variables. The empirical results of the study revealed that there are both short and long run relationships. Findings suggest that that there is a unidirectional causality running from exports to economic growth as well as from exports and economic growth to government debt. The results provide evidence to support the export led-growth hypothesis. Exports are an important factor for economic development. Moreover, the results reveal that government debt is affected by exports both directly and indirectly through economic growth. Policy implications are then explored in the conclusions.</em>

scholarly journals Impact of Agricultural Financing on Nigeria Economy

2019 ◽  
pp. 1-13 ◽  
Author(s):  
Ayodele E. Ademola
Keyword(s):  
Economic Growth ◽  
Financial Institutions ◽  
Productivity Growth ◽  
Agricultural Sector ◽  
Secondary Data ◽  
Least Square ◽  
Macroeconomic Policies ◽  
Agricultural Finance ◽  
Ordinary Least Square ◽  
The Impact

The importance of agricultural surplus for the structural transformation accompanying economic growth is often addressed by development economists. In view of this, the study empirically assesses the impact of agricultural finance on the growth of Nigerian economy. This paper employed secondary data and econometric techniques of Ordinary Least Square (OLS) of multiple regression estimates. The result of the model used suggests that the productivity of investment will be more appropriately financed with resources administered by the commercial and specialized financial institutions. And also, that there are an urgent and sincere needs to expand the credit size to the agricultural sector in order to enhance the productivity growth of the sector. It is recommended that maintenance of credible macroeconomic policies that is pro-investment in overhauling the Agricultural Sector and debt-equity swap option are necessary for an agricultural-led economic growth.

scholarly journals Impact of Direct and Indirect Tax on the Nigerian Economic Growth

2017 ◽  
Vol 8 (3) ◽  
pp. 215 ◽  
Author(s):  
Oyebisi Mary Ogundana ◽  
Oyedele Mary Ogundana ◽  
Oyeyemi Mercy Ogundana ◽  
Ayodotun Stephen Ibidunni ◽  
Adebola Adetoyinbo
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Least Square ◽  
Annual Reports ◽  
Secondary Source ◽  
Tax System ◽  
Ordinary Least Square ◽  
Least Square Regression ◽  
Ordinary Least Square Regression ◽  
The Impact

This research examined the direct and indirect impact of taxation on the Nigerian economic growth. This research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the Nigerian tax system on the growth of the economy.  The research adopted the descriptive research design.  The secondary source of data was also engaged as this data was from CBN statistical bulletin and the annual reports from 1994-2013. The research also used the ordinary least square regression technique. With the use of E-views 7.1 to analyze the data, the first objective was achieved by using graphical analysis while the second objective used ordinary least square regression analysis. The results reveal that the direct and indirect tax have a positive impact on the economy of Nigeria. Therefore, it is recommended that government should take advantage of taxation and promote tax system in Nigeria.

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