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ICT and Long Run Growth in Nigeria (1970-2008)
H.A. Adefeso
Journal of Economics Theory , 2012, DOI: 10.3923/jeth.2011.71.74
Abstract: This study empirically established the relationship between ICT and long run economic growth in Nigeria using Residual-based Engle-Granger-Dickey-Fuller cointegration test. The source of the data was mainly CBN statistical bulletin. The time series properties of the variable were investigated by conducting a unit root test using annual series data for the period 1970-2008 and found that variables employed were I(1) series with I(0) residual. The result was consistent with the previous results on ICT-growth analysis which revealed a productive contribution of ICT to economic activity in Nigeria. About 1% change in ICT component will lead to a 86% change in the mean of Gross Domestic Product (GDP) over the period of study. The implication of this for the policy makers is that firms and government should increase their budgets allocation on ICT in Nigeria.
The Fiscal-Monetary Policy and Economic Growth in Nigeria: Further Empirical Evidence
H.A. Adefeso,H.I. Mobolaji
Pakistan Journal of Social Sciences , 2012, DOI: 10.3923/pjssci.2010.137.142
Abstract: The objective of this study was to re-estimate and re-examine the relative effectiveness of fiscal and monetary policy on economic growth in Nigeria using annual data from 1970-2007. The Error Correction Mechanism and Cointegration technique were employed to analyze the data and draw policy inferences. The findings were consistent with previous empirical findings. The empirical result showed that the effect of monetary policy is much more stronger than fiscal policy and the exclusion of the degree of openness did not weak this conclusion. The implication of this for the policy maker is that there should be more emphasis and reliance on monetary policy for the purpose economic stabilization in Nigeria.
Determinants of Foreign Direct Investment Inflows in Nigeria: An Empirical Investigation
H.A. Adefeso,A.A. Agboola
The Social Sciences , 2013, DOI: 10.3923/sscience.2012.457.463
Abstract: This study set out to investigate empirically the long run determinants of foreign direct investment inflow in Nigeria using Residual-Based Engle-Granger-Dickey-Fuller cointegration test. The source of the data was mainly CBN Statistical Bulletin and Nigerian Development Index. The time series properties of the variable were investigated by conducting a unit root test using annual series data for the period 1970-2009 and found that variables employed were I(1) series with I(0) residual. The result revealed that 1% change in degree of openness, market size, ICT, oil sector, tax, tourism and mobile phone penetration component will determine a 15, 67, 11, 79, 48, 38 and 34% change in the mean of inflows of FDI, respectively in the long run. Also, 1% change in infrastructure, CPI, exchange rate and external debt will account for 628, 50, 163 and 309% change in the mean of outflows of FDI, respectively in the long run over the period of study. The implication from above is that the positive role played by natural resource-seeking FDI suggests that Nigerian government should not only increase its budget on the maintenance of these resources but also ensure conducive investment environment through political and social stability as oil sector and tourism alone are statistical significantly attracts 79 and 38% of the total FDI inflows respectively in Nigeria.
Determinants of Foreign Direct Investment Inflows in Nigeria: An Empirical Investigation
H.A. Adefeso,A.A. Agboola
International Business Management , 2012, DOI: 10.3923/ibm.2012.83.89
Abstract: This study set out to investigate empirically the long run determinants of foreign direct investment inflow in Nigeria using Residual-Based Engle-Granger-Dickey-Fuller Co-integration test. The source of the data was mainly CBN statistical Bulletin and Nigerian Development Index. The time series properties of the variable were investigated by conducting a unit root test using annual series data for the period 1970-2009 and found that variables employed were I(1) series with I(0) residual. The result revealed that 1% change in Degree of Openness, market size, ICT, oil sector, tax, tourism and mobile phone penetration component will determine a 15, 67, 11, 79, 48, 38 and 34% change in the mean of inflows of FDI, respectively in the long run. Also, 1% change in infrastructure, CPI, exchange rate and external debt will account for 628, 50, 163 and 309% change in the mean of outflows of FDI, respectively in the long run over the period of study. The implication from above is that the positive role played by natural resource-seeking FDI suggests that Nigerian government should not only increase its budget on the maintenance of these resources but also ensure conducive investment environment through political and social stability as oil sector and tourism alone are statistical significantly attracts 79 and 38% of the total FDI inflows, respectively in Nigeria.
An Empirical Analysis of Workers’ Orientation as a Predictor of Attendance Behaviour of Selected Migrant Workers of Nigerian Sugar Company, Bacita, Nigeria
B. Salawu,H.A. Adefeso,A.O. Hassan
The Social Sciences , 2013,
Abstract: This study attempts to explain the work behaviour of some migrant workers by incorporating differences in their need orientation as the key explanatory variable. This, it does by empirically examining the relationship between the particular need orientation brought to the work situation by the migrant workers and their work behaviour measured in term of work attendance in the context of a stated research hypothesis, using the migrant workers of the Nigerian Sugar Company, Bacita, Nigeria as the study population. The results show that the workers need orientation has independent effects on the migrant, workers attendance behaviour. That is in general, the personal value system (orientation) that individuals have has influence on the attendance motivation.
Bofiscal Policy and Economic Growth in Nigeria: Testing the Prediction of the Endogenous Growth Model
H.A. Adefeso,Mobolaji Hakeem,B. Salawu
The Social Sciences , 2013, DOI: 10.3923/sscience.2010.96.102
Abstract: The objectives of this study were to examine the neutral effect of both non-productive government expenditure financed by non-distortionary taxation, positive and negative effect of productive government expenditure and distortionary taxation respectively on economic growth in Nigeria using annual data from 1970-2005. The Error Correction Mechanism technique was employed to analyze the data. The findings were consistent with previous empirical findings in other countries; an increase non-productive government expenditure financed by non-distortional taxes have had neutral effect on economic growth as predicted by economic theory. The productive government expenditure had positive effect on economic growth but contrary to expectation there was no evidence of distortionary effects on economic growth of distortionary taxation. Implication of this for the policy maker is that the composition of government expenditure and tax revenue is crucial in determining economic growth in Nigeria.
Fiscal Policy and Economic Growth in Nigeria: Testing the Prediction of the Endogenous Growth Model
H.A. Adefeso,Mobolaji Hakeem,B. Salawu
Journal of Economics Theory , 2012, DOI: 10.3923/jeth.2010.37.43
Abstract: The objectives of this study were to examine the neutral effect of both non-productive government expenditure financed by non-distortionary taxation, positive and negative effect of productive government expenditure and distortionary taxation, respectively on economic growth in Nigeria using annual data from 1970-2005. The error correction mechanism technique was employed to analyze the data. The findings were consistent with previous empirical findings in other countries; an increase non-productive government expenditure financed by non-distortional taxes have had neutral effect on economic growth as predicted by economic theory. The productive government expenditure had positive effect on economic growth but contrary to expectation there was no evidence of distortionary effects on economic growth of distortionary taxation. Implication of this for the policy maker is that the composition of government expenditure and tax revenue is crucial in determining economic growth in Nigeria.
Proposi??o de uma reserva anatomofuncional, no canal raquidiano, como fator interferente na fisiopatologia das lombalgias e lombociatalgias mecanico-degenerativas
Cecin, H.A.;
Revista da Associa??o Médica Brasileira , 1997, DOI: 10.1590/S0104-42301997000400005
Abstract: objective. to test the hipothesis of an anatomic and functional reserve in the spinal canal that explains the radiological changes in lumbar spine of asymptomatic individuals, the differences in modalities of clinical presentation and the discrepancies in the prevalence of mechanical and degenerative low back pain and sciaticas. cases and methods.. two groups of 27 persons were submitted to computed axial tomography. in one group, the patients presented low back pain and/or sciaticas. the other formed by matched controlls, showed no signs or symptoms. the bony canal area, dural sac area, interfacets distance and lateral recesses depth were quantitative assessed. results. the asymptomatics ones had larger bony canals than the acute and chronic patients, due to statistical significant differences. the ranges responsible for these differences and whose averages had higher figures in the asymptomatics ones in relation to the chronic patients, were the bony canal areas at l3-l4, l4-l5, the dural sac area and lateral recesses depth at l4-l5; in relation to acute ones: the bony canal areas at l3-l4, l4-l5, l5-s1, dural sac area at l4-l5, l5-s1, and sagittal diameter l5-s1 and lateral recesses depth at l4-l5. conclusions. the radiological changes in asymptomatic ones, the lack of symptoms in the control group, the presence of chronic and acute features and the discrepancies in the prevalence of low back pain were attributed to the existence of an anatomic and functional reserve. this reserve would be determined by the presence of a "safety factor" which would have differential distribution in asymptomatics, acute and chronic. it would be the element able to influence the presence or absence of low back pain in persons with radiological changes
AN ALTERNATIVE MODEL FOR OPTIMISING PAYLOADS OF BUILDING GLASS
H.A. Taha
South African Journal of Industrial Engineering , 2012,
Abstract: ENGLISH ABSTRACT: This article deals with the development of a multi-stage model for optimising payload placement on a hauler-trailer rig in an environment described by physical and regulatory constraints. The model which purports to be an improvement on an earlier model provides two types of solution i.e. a feasible solution which satisfies all zone loading and axle weight constraints, or an infeasible solution giving the cause and quantification of source(s) of infeasibility which may be used to modify model inputs for further attempts at optimisation. AFRIKAANSE OPSOMMING: Die artikel handel oor die ontwikkeling van 'n multistadiummodel vir die optimisering van vragplasing op 'n sleepwa onder fisiese en regsvoorskriftelike voorwaardes. Die model wat daarop aanspraak maak dat dit 'n verbetering is op 'n vorige model, lewer as uitset twee oplossingstipes naamlik 'n gangbare oplossing wat alle sone- en aslasrandvoorwaardes eerbiedig, of 'n ongangbare oplossing wat oorsaak en kwantifisering van ongangbaarheidsbronne uitwys vir die gebruik van gewysigde modelinsette by verdere pogings tot optimisering.
Concentric dualism as transition between a lineal and cyclic representation of life and death in Scandinavian mythology
H.A. Molenaar
Bijdragen tot de Taal-, Land- en Volkenkunde , 1982,
Abstract:
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