African Journal of Economic Policy最新文献

Trade Policy Reforms and Sectoral Employment in Nigeria 尼日利亚的贸易政策改革和部门就业

African Journal of Economic Policy Pub Date : 2009-12-09 DOI: 10.4314/AJEP.V16I1.48817

A. Folawewo, S. Olakojo

{"title":"Trade Policy Reforms and Sectoral Employment in Nigeria","authors":"A. Folawewo, S. Olakojo","doi":"10.4314/AJEP.V16I1.48817","DOIUrl":"https://doi.org/10.4314/AJEP.V16I1.48817","url":null,"abstract":"Trade policy change concomitant with aggressive outward orientation was a major bedrock of Structural Adjustment Programme (SAP) adopted by Nigeria in 1986. Trade reform has clear implications for the overall economic performance, in terms of either employment creation or destruction as well as labour reallocation. Against this backdrop, this study examined the empirical relationship between trade liberalisation and sectoral employment in Nigeria using time-series macroeconomic data from 1986 to 2008. Three key sectors of the economy covered by the study are manufacturing, agriculture and services. The study employed Ordinary Least Squares to measure the impacts of trade liberalisation on sectoral employment. The result revealed that the trade liberalisation impact on employment differed across sectors; and that trade reforms have no significant effect on sectoral employment during the period covered. The study recommended that trade liberalisation should be embedded in a coherent set of macroeconomic, structural and social policies in order to be successful in terms of employment generation. Also, active labour market policies should be put in place and underscored to facilitate adjustment to changes in production structure brought about by trade and trade reforms. Keywords : Trade liberalisation, Sectoral employment, Ordinary least squares, Serial correlation. JEL Classification: F16, J21, J23.","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125436028","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Capital flight and its determinants in the Franc Zone 法郎区资本外逃及其决定因素

African Journal of Economic Policy Pub Date : 2009-12-09 DOI: 10.4314/AJEP.V16I1.48822

A. Ndiaye

{"title":"Capital flight and its determinants in the Franc Zone","authors":"A. Ndiaye","doi":"10.4314/AJEP.V16I1.48822","DOIUrl":"https://doi.org/10.4314/AJEP.V16I1.48822","url":null,"abstract":"The phenomenon of capital flight appeared in the Franc Zone (FZ) before the debt crisis of the early 1980s, and is today of greater importance because of its increasing magnitude. This report examines the determinants of this phenomenon in the period 1970 to 2005. The econometric analysis indicated that in the context of poor governance and bad institutional quality, external debt, aid and natural resources, revenues are used in part to finance capital flight. The results also revealed that capital flight arises in the presence of macroeconomic instability that occurs in the forms of an increase in inflation, an exchange rate overvaluation, a decline in terms of trade, uncertainties in government consumption, real interest rates and budget deficits. Furthermore, capital flight episodes arise in the context of less developed financial systems, resulting in reduced deposits and in credit to the private sector. Exploring the effects of other factors, this study found that past capital flight, foreign direct investment and remittances are important in explaining current capital flight, while rate of return differentials and armed conflict have insignificant effects. The policy implications of these results are analysed to determine how to induce capital flight reversal. JEL classification: F20; F34; F35; O17","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126254407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 21

A review of trade policy in South Africa 南非贸易政策回顾

African Journal of Economic Policy Pub Date : 2009-12-09 DOI: 10.4314/AJEP.V16I1.48834

T. Kandiero

引用次数: 0

Productivity improvement in ecowas rice parming: Parametric and non-parametric analysis 经济水稻培肥生产效率的提高:参数和非参数分析

African Journal of Economic Policy Pub Date : 2009-10-07 DOI: 10.4314/ajep.v16i1.48819

J. Ajetomobi

引用次数: 1

Non-monetary multidimensional poverty analysis in Cameroon: Its correlates and regional distributions 喀麦隆的非货币多维贫困分析:相关性和区域分布

African Journal of Economic Policy Pub Date : 2009-08-07 DOI: 10.4314/AJEP.V15I2.44932

Am Njong

引用次数: 1

potential impacts of trade policy reform arising from the economic partnership agreement (EPA) on wage and employment in Nigerian manufacturing subsectors 经济伙伴关系协定(EPA)引起的贸易政策改革对尼日利亚制造业分部门工资和就业的潜在影响

African Journal of Economic Policy Pub Date : 2009-08-07 DOI: 10.4314/AJEP.V15I2.44943

A. Adewuyi, B. Adeoye

引用次数: 10

Import demand in Ghana: Structure, behaviour and stability 加纳的进口需求:结构、行为和稳定性

African Journal of Economic Policy Pub Date : 2009-08-07 DOI: 10.4314/AJEP.V15I2.44940

S. Harvey, Kordzo Sedegah

引用次数: 17

The Nigerian forestry subsector: Performance, resources and policy 尼日利亚林业分部门:绩效、资源和政策

African Journal of Economic Policy Pub Date : 2009-08-07 DOI: 10.4314/AJEP.V15I2.44937

Oa Oyeranti

引用次数: 0

Determinants of urban youth labour supply in Côte D'Ivoire Côte科特迪瓦城市青年劳动力供应的决定因素

African Journal of Economic Policy Pub Date : 2009-08-07 DOI: 10.4314/AJEP.V15I2.44934

C. Kouakou

引用次数: 3

Tourism and reputation in Africa: A panel data analysis 非洲旅游业与声誉:面板数据分析

African Journal of Economic Policy Pub Date : 2009-08-06 DOI: 10.4314/AJEP.V14I2.44921

Ik Olayinka, O. Gbadebo

引用次数: 10