Ogunjobi Olufemi

The study examined the human capital, and economic growth in Africa. Data used were collected over the period between1987 and 2023 for 20 African countries. Panel data were analyzed using unit root test and auto-regressive distributed lag model for long run and short run effects. Analysis was carried out on the combined countries as well as countri...

The relationship among Nigeria’s CO2 emissions, foreign direct investment inflows, and economic growth was examined in this study. The data period examined is from 1990 to 2020. The data is obtained from the World Bank’s online database and adopted the VECM-based Granger causality technique. Results showed a feedback relationship between FDI inflow...

The development of human capital as a means of promoting economic progress in Nigeria is the main emphasis of this study. The investigation used time series data from 1981 to 2018. The data analysis method employed was ARDL Bound-Testing. It was discovered that the human capital development factors of education and health had favorable and statisti...

The study evaluates the impact of population growth, human capital development on economic growth in Nigeria for the period of 1988 to 2022. Secondary data were used and sourced from the World Development Indicators and United Nations World Population Prospects. Auto-regressive distributive lag was employed to analyse the long-run and short-run eff...

There appears not to be an imminent annihilation in the aged-long belief that men and women are not equal. Gender inequality does seem to gain wide popularity and practice in most African societies, particularly even in the current era of increased civilization, technological advancement and educational exposure in Nigeria. Despite its inherent par...

Various agricultural programmes have been undertaken by different governments in Nigeria for increased output and productivity in the agricultural sector and to alleviate poverty in the Nigerian economy. In this study, we examined the impact of agricultural financing on poverty reducing and economic growth in Nigeria using Keynesian macro-economic...

The study evaluates the implications of fiscal policy and small-medium scale enterprise on economic growth in Nigeria for the period of 1993-2022. Time series data were used while Johansen co-integration test was employed to test the long-run effects of fiscal policy and SMEs on economic growth.The result of the findings showed that government expe...

One of the key engines of growth in many countries is the manufacturing sector, whose performance is impacted by the movement of the local currency. The manufacturing sector also offers opportunities like increased commerce, innovation, competitiveness, increasing exports, and productivity, which will only be possible when exchange rate is in the f...

Over the years, there has been a pressing need to improve the state of human capital development and financial development, to pay more attention to it and the benefits it holds in the economy. However, this has not been the case in the Sub-Saharan Africa region, as there has been a major decline in comparison to the other regions of the world. The...

Digital economy is the global network of economic activities, business transactions and professional services that are enhance by information and communication technology (ICT). Tax digitalization plays a big role in the stimulation of tax evasion. The main problem of this study is the issue of taxing digital transactions across the globe because o...

Exchange Rate and Agricultural Exports: Evidence From Nigeria (1981-2019) Joseph Olufemi OGUNJOBI1, Olufemi Adebayo OLADIPO (PhD)2*, Oluwasegun ESEYIN3, Olaoluwa OPAOLA4, Ishola James ARANSIOLA (PhD) Abstract: Exchange rate has become one of the major issues Nigerian economy has been confronted with in the recent times especially since one of the g...

The development of tax payment decision-making models (Sociological, Economical and Psychological) has focused on economic and behavioural factors affecting tax compliance. The issue of tax evasion, which remains an ethical problem for companies, has been a general concern in developed and developing countries alike. The main problem of this study...

Many studies have documented that human capital formation is important to boost output both empirically and theoretically. However, studies on the implications of human capital on employment are still scanty, especially for developing countries. Against this background, the study investigates the shock and long-run implications of government financ...

The poverty situation in the rural areas of the country deserves greater attention; the available statistics from the NBS reveal that the majority of the poor are located in the rural areas. It is really impossible to envision industrialization and societal well-being or high standard of living without adequate and reliable electricity supply. Sust...

Exchange rate has become one of the major issues Nigerian economy has been confronted with in the recent times especially since one of the goals of all economies is to have a stable exchange rate. The concept of exchange rate was introduced into the analysis of economic growth and development. This study examined the impact of exchange rate on agri...

Purpose The implications of trade on developing economies have generated substantial debates with most studies focussed on “openness in the policy”. Hence, the purpose of this study is to focus on “openness in practice”. Design/methodology/approach This study uses two models and employed the vector error correction model and structural vector auto...

The importance of tax proceeds in operation and undertakings of any government in the whole world cannot be over emphasized because taxes had been categorised as one of the critical sources of government revenue of any nation. Taxation is the most unstable and sophisticated issues in governance both in the evolving and technologically advanced coun...

Both hypothetical and empirical evidences have found the roles that human capital and energy infrastructure in spurring the economic growth of a nation as very germane. These key variables are undoubtedly working together in a quest to achieve equitable redistribution of the nation’s economic resource and ensuring poverty reduction. This study is b...

The paper examines the impact of human capital and unemployment on economic growth in Nigeria between 1981 and 2020, using Johansen Co-integration and Autoregressive Distributed Lag (ARDL) techniques to achieve the objective of the study. The theoretical framework of the study was derived from Solow Swan New-classical growth model. We ascertained t...

Numerous studies have observed that governance matters in economic growth and subsequently employment generation. Despite the overwhelming evidences on the importance of this variable, there is surprisingly little research on how to promote it effectively in many developing countries. The problems facing the youth in the labour market has become mo...

This study examines the implication of economic and socioeconomic factors on agricultural output in rural communities of Nigeria. The analyses were carried out in two models using descriptive statistics and least square estimation technique. The first model was specified for four major crops; the second model was the extended form on the aggregated...

Nigerian economy depends on oil as the major source of revenue, failure to diversify the revenue base has raised questions about its sustainability and implication on the economy. This study uses market capitalization, broad money stock, credit to private sector, prime interest rate and deposit liability as proxies for the financial sector, while o...

This study examines the implication of economic and socioeconomic factors on agricultural output in rural communities of Nigeria. The analyses were carried out in two models using descriptive statistics and least square estimation technique. The first model was specified for four major crops; the second model was the extended form on the aggregated...

This study investigates the link between aid and human capital in promoting economic growth of Nigeria. The study used two models; the first model was used to test the validity of the medicine model in Nigeria; while the extended model was used to investigate the effect of aid and human capital shocks on growth using Engle-Granger and Vector Error...

The nexus amongst productivity growth, employment and wages have generated debate in literature. Nigeria has witnessed increase in economic growth rate in the last decade which some scholars termed as jobless as unemployment has been growing all along. Therefore, this study joins this debate to investigate the impact of the growth on labour market...

The rate of Unemployment has been on the increase over the years in Nigeria despite all the direct labour policies that the government have implemented to no avail. Scholars have observed that trade openness is a way to address the problem of unemployment in literature. But the debate on this has been indecisive in developing economies, so it becom...

This study examined the optimal combination of enterprises in livestock industry in South-West Nigeria. Stratified random sampling technique was employed in collecting data from 360 livestock farmers. Descriptive statistics, budgetary technique and linear programming model were employed for data analysis. Six livestock enterprises, non-integrated p...

This paper analyzed the relationship between agricultural export and economic growth in Nigeria. The study made use of time series data covering the period between 1980 and 2012. The research model was specified in the spirit of Hwa (1988). Phillips-Peron unit root, multivariate Johansen cointegration and error correction techniques were used to es...

Issues bordering around population studies have caught the attention of scholars in different fields. Inter alia, development economists and demographers have written plethora of literatures on it considering the multi-dimensional impacts of changing populations on the very existence of humans. Most developing countries are considered to have alarm...