This paper develops a framework for making decisions on the type of infrastructure to build and where to build. The Basic intuition is that by deriving the marginal physical products of installed infrastructure, we can prioritize infrastructure investment of the same type among regions, and of...

This paper analysed empirically the linkages among interest rates and the leverage ratios (debt-to equity ratio and debt-to-capital ratio) of selected firms, their investment, turnover and profits. The study used a survey of business as well as the quoted companies' final accounts and balance...

The general objective of the study is to explain the apparent failure of employment in the Ghanaian labour market under SAP/ERP by evaluating changes in the qualitative distribution of labour demand, based on trends in advertised job vacancies from 1981 to 1995.

This study examines the impact of foreign aid inflows to Tanzania on macroeconomic variables such as the real exchange rate, export performance, government expenditure, investment and growth.

The major hypothesis of the paper if that private sector investment is necessary if economic growth is to be accelerated. However, in order to stimulate such investments appropriate monetary, fiscal and exchange rate policies have to be formulated and implemented, along with provision of...

In two earlier studies, we established that, to some extent, liberalization of the financial system does matter in Nigeria and that operators of the banking system, as suppliers of credit, believe in the efficacy of the liberalization effort in stimulating deposit and promoting competition...

This study explored the association between export earnings fluctuations and capital formation in Nigeria. Using a reduced form equation built around the flexible accelerator model and adopting a cointegration technique, it discovered that the current level of export earning fluctuations...