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This study contributes to the happiness-environment nexus by introducing the novel measures of environmental degradation such as species protection, marine protected areas and water quality unlike previous literature that mainly emphasized the importance of carbon dioxide emissions (CO2) in...
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The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and spending in adjusting the size of the deficit is examined using annual data from 1961 to 2014. After allowing for structural breaks, the study finds evidence of a cointegration...
Persistent link: https://www.econbiz.de/10011487675
This study examines the relationship between crude oil price and financial sector intermediary development in Nigeria over the period 1975-2011, using the autoregressive distributed lag approach to cointegration analysis. Four measures of financial intermediary development are used including an...
Persistent link: https://www.econbiz.de/10011487825
This study empirically examines the independent effects of stock market and banking sector development on economic growth in Nigeria over the period 1981-2014 using the autoregressive distributed lag (ARDL) approach to co-integration analysis. Controlling for the possible effects of crude oil...
Persistent link: https://www.econbiz.de/10011450677
This paper examines the effect of crude oil price movement on the Nigerian stock market and the role of exchange rate as a plausible countercyclical policy tool. Daily data on All Share Index of the Nigerian stock market, crude oil prices and exchange rate, were collected for two periods:...
Persistent link: https://www.econbiz.de/10011460340
The aim of this study is to determine the effects of discovering oil on the performance of a small open economy, in this case the Falkland Islands. Using an event study approach and the return on one of the Falkland Islands´ main companies, the results suggest that the discovery of oil has...
Persistent link: https://www.econbiz.de/10012132306
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Based on the development of the industrial structure of prefecture-level resource-based cities in Northeast China, this paper selects three indicators of industrial structure-diversification, rationalization and upgrading-conducting empirical analysis on the transformation of the industrial...
Persistent link: https://www.econbiz.de/10012021665