Showing 1 - 10 of 53
domestic product (GDP) in Nigeria. Using annual economic data from the National Bureau of Statistics (NBS), the OPEC Annual … between the construction sector output and total GDP output (0.934), the construction sector output and oil prices (0 ….856), and the total GDP output and oil prices (0.822), these linear relationships only exist for a short time. However, these …
Persistent link: https://www.econbiz.de/10011853566
Present technological innovations and social organizations continue to impose risks and limitations on the efficient performance of the biosphere. Human activities have increasingly short-lived sustainable natural endowments, to the extent that, the multiplier effects have ripples beyond the...
Persistent link: https://www.econbiz.de/10011499540
coefficients for both the agricultural and manufacturing shares of gross domestic product (GDP) but is positively associated with … both the services shares of employment and GDP. A test of Kaldor´s third law finds that if growth in employment outside …
Persistent link: https://www.econbiz.de/10012132233
The Theory demonstrates that oil price and oil volatility (OVX) are significant determinants of economic activity; however, studies seldom consider both variables in the oil-exchange rate nexus and ignore the distributional heterogeneity of the exchange rate. We investigate their joint effect...
Persistent link: https://www.econbiz.de/10013499510
This paper looks at how trade liberalization and institutional quality influence real income. Previous evidence has provided mixed results, and we find that indicators representing trade liberalization have been very weak. By using strongly balanced panel data of 45 Sub-Saharan African countries...
Persistent link: https://www.econbiz.de/10012021637
The United Nations has promoted and supported the UNCTAD Creative Economy Programme since 2004 to help countries around the world understand how to promote economic development through creativity in industries. This research article aims to determine whether the creative economy will be the...
Persistent link: https://www.econbiz.de/10014500442
This study examines whether a debt-to-GDP threshold exists in the public debt and economic growth relationship for 20 … results reveal that there is a threshold effect in the public debt and economic growth relationship. The MENA region´s debt-to-GDP … found that the effect of public debt on economic growth is significant and positive only below the threshold value of debt-to-GDP …
Persistent link: https://www.econbiz.de/10012389956
This paper examines the asymmetrical relationship between exchange rate and consumer prices in 40 sub-Saharan African (SSA) countries from 1990Q1 to 2017Q4. We estimate the exchange rate pass-through (ERPT) to consumer prices for each country by using the nonlinear autoregressive distributed lag...
Persistent link: https://www.econbiz.de/10012021517
The rise in global trade volumes since the early 90s has been welcomed by many under the notion that trade helps countries edge closer to their economic potential. A concerning observation, however, is that while Asia, Latin America, and Europe seem to have witnessed a discernible rise in per...
Persistent link: https://www.econbiz.de/10014449974
Emerging stock markets provide great opportunities for investment growth and risk diversification. However, they are more vulnerable to extreme market events. This study examines the effects of the COVID-19 pandemic on stock performance in sub-Saharan African stock markets. An event study method...
Persistent link: https://www.econbiz.de/10014231304