The relationship between terrorism and economic growth: research by martin maximino and denise-marie ordway the estimated number of deaths from terrorism worldwide rose from 3,329 in 2000 to 32,685 in 2014, according to a november 2015 analysis by the institute for economics and peace. Economic growth in nigeria in the midst of the aforementioned problems do the rural and urban poor really use the loans and advances from microfinance banks for productive activities that will promote and enhance economic growth or do they use it for their personal needs ie. Economic growth is the most powerful instrument for reducing poverty and improving due to the complex, two-way relationship between growth and inequality, it is poverty reduction’, american economic review, 87(2), aea papers and proceedings: 32-37 5. Different schools of thoughts in economics have analyzed the relationship between population growth and economic development the debate on the relationship was pointed in malthusian population trap (1798. Although property rights explain some of the cross-country differences in productivity growth, the relationship between openness and economic growth is not affected by these variables the digest is not copyrighted and may be reproduced freely with appropriate attribution of source.
Development and economic growth in nigeria odo stephen idenyi 1 , dr eze onyekachi r 1 and onyeisi samuel ogbonna 1 1 research student, department of economics, ebonyi state university, abakaliki. - the concentration of economic power in the public sector undermines the foundations of economic growth in this essay, the concentration of economic growth in the public sector will be taken to mean the proportion of the economy that is governed by public ownership in the production of goods and services. The causal impact of education on economic growth: despite the enormous interest in the relationship between education and growth, the evidence is fragile at best this is for several reasons first, a 6see barro and sala-i-martin (1991) and the many papers that cite it 4.
The relationship between savings and economic growth has received increased attention in recent years especially in developed and emerging economies [see bacha (1990), degregorio (1992), levine and renelt (1992), and jappelli and pagano (1994). Poultry industry in nigeria poultry refers to all birds of economic value to man, examples include chickens, pigeon, duck, pheasant, quail, guinea fowl and recently ostrich all which belong to the zoological class avesatteh,(2004) stated that poultry have been on earth for over 150 million years, dating back to the original wild jungle fowl. View essay - a discussion on the relationship between economic growth and poverty reduction in nigeria, ghana and from economics 101 at european school of economics running head: economic growth and. The findings show a positive and significant relationship between health expenditure and economic growth which is in conformity with the priori expectation of the study the same relationship holds for water expenditure and economic growth. The study analyzed the relationship between non-oil sector and economic growth from 1980- 2012 and data was derived from central bank of nigeria’s statistical bulletin (cbn) and world development indicators (2013.
International leaders from both fields have contributed original essays that employ theoretical and empirical perspectives on the relationship between health and economic growth, including the relevant interconnections with investment in education, family planning, and productivity. Members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007 the evidence suggests that the stock and credit markets are still underdeveloped in these. Empirical study of the impact of microfinance bank on small and medium growth in nigeria olowe ft this study investigated the impact of microfinance on smes growth in nigeria the population of the study consists of the entire smes in oyo state however, the study was restricted to ibadan is there any relationship between microfinance. This paper examines the long-run relationship between financial development and economic growth in nigeria using annual time series for the period 1960-2005 multivariate vector autoregressive (var) technique is applied to examine the long-run relationship between financial development, growth and.
Relationship between inflation and economic growth for the country as indicated by a statistically significant long-run negative relationship between cpi and real gdp. We also study the relationship between debt and economic growth rate in granger causality and dynamic arellano-bond panel data estimation frameworks, and find evidence of a negative correlation between the two variables (debt and gdp) and confirm the findings by testing several versions of the models. Chapter 2 economic growth and the environment theodore panayotou relationship between economic growth and environmental quality, whether positive or negative, is empirical relationship between economic growth and the environment at different stages of economic.
Microfinance as a poverty reduction tool— anis chowdhury is a professor of economics at the university of western sydney, australia currently or economic growth. The growth of the nigeria economy the finding also revealed that there is no significant relationship between company income tax and the growth of the nigeria economy. The feedback hypothesis is indicative of a two-way relationship between ec and economic growth and implies unidirectional causality from ec to economic growth and also unidirectional causality from economic growth to ec nber working papers, 16790, national bureau of economic research energy sources, part b: economics, planning, and. Is how strong the correlation between openness and economic growth is, 3 relationship between outward orientation and growth array of potential growth determinants including the sachs-warner economics growth economic growth the countries trade ,.
Published: thu, 20 apr 2017 this section of the paper provides literary evidence on the relationship of inflation in the economic growth and helps in the understanding of any causal relation between them, if there exists any. The impact of international trade on economic growth in nigeria: abuja, nigeria abstract there has been a long held belief that there is a positive relationship between economic growth and increased levels of international trade therefore, this paper has empirically economics and accountancy vol 3, no 6, 2015 issn 2056-6018. Relationship between financial development and economic growth for asean countries chakraborty (2008) investigated the impact of developments in the financial sector on economic growth in india in the post-reform period.
The causal relationship between energy consumption and economic growth in a country represents a widely studied topic in energy economics literature energy plays an important role in the. Lasting debates in economics revolves around whether or not there is a link between stock market volatility and economic growth many researches focus on the relationship between stock market volatility and. Uncovering the relationship between real interest rates and economic growth abstract we analyze long-span data on real interest rates and productivity growth with the focus on estimating their.