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African Journal of Economic Policy最新文献

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Determinants of Interest Rate Spread in Kenya 肯尼亚利率息差的决定因素
African Journal of Economic Policy Pub Date : 2004-06-04 DOI: 10.4314/AJEP.V10I1.24243
R. Ngugi
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引用次数: 13
An Empirical Study of Gender Gap in Children Schooling in Nigeria 尼日利亚儿童教育性别差异的实证研究
African Journal of Economic Policy Pub Date : 2004-06-04 DOI: 10.4314/AJEP.V10I1.24245
O. Olaniyan
{"title":"An Empirical Study of Gender Gap in Children Schooling in Nigeria","authors":"O. Olaniyan","doi":"10.4314/AJEP.V10I1.24245","DOIUrl":"https://doi.org/10.4314/AJEP.V10I1.24245","url":null,"abstract":"","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128557364","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: 4
Determinant of asymmetric risks in Nigerian loan market: any dichotomy between the banks and borrowers perspectives? 尼日利亚贷款市场风险不对称的决定因素:银行和借款人观点之间是否存在二分法?
African Journal of Economic Policy Pub Date : 1900-01-01 DOI: 10.4314/AJEP.V19I2
O. Ogun, C. Ofonyelu
{"title":"Determinant of asymmetric risks in Nigerian loan market: any dichotomy between the banks and borrowers perspectives?","authors":"O. Ogun, C. Ofonyelu","doi":"10.4314/AJEP.V19I2","DOIUrl":"https://doi.org/10.4314/AJEP.V19I2","url":null,"abstract":"The goal of this study is to provide evidence that the determinants of asymmetric risks in contractual lending relationship among the Nigerian banks are not affected by the sources of asymmetry. This study examined the implication of bank and borrower-advantaged information asymmetry in typical bank lending relationships where information disclosure was asymmetric. It used data from a survey of investment loans made to 210 borrowers in the past ten years among 18 commercial banks. Bank lending in Nigeria was dominated by the presence of asymmetric information, a wedge to financial intermediation. Using probit and correlation test methodology, evidence of low level asymmetric risk was found and the determinants of asymmetric risks in the market were not significantly different. The size of default probability by borrowers and the extent to which borrowers were fully informed about the cost implications of their loans were the two key factors that determined asymmetric risk in Nigerian loan market. Keywords : Information asymmetry, Credit constraint, Default risk, Adverse selection, Moral hazard.","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"89 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113981318","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: 12
Parental Literacy and Child Health Production in Cameroon 喀麦隆的父母扫盲和儿童保健生产
African Journal of Economic Policy Pub Date : 1900-01-01 DOI: 10.4314/AJEP.V17I2
Fm Baye, S. Fambon
{"title":"Parental Literacy and Child Health Production in Cameroon","authors":"Fm Baye, S. Fambon","doi":"10.4314/AJEP.V17I2","DOIUrl":"https://doi.org/10.4314/AJEP.V17I2","url":null,"abstract":"This study examined the empirical impact of parental education on child health. Using Cameroon household consumption survey data collected by the government statistics office in 2001 and a range of econometric methods, the existence of prominent spillover effects linking parental literacy to better child health (weight-given age) was empirically validated, while controlling for other correlates. The magnitudes of these influences varied by gender. Households headed by literate males appeared more instrumental in seeking useful health practices than those by their female counterparts. This finding was attributable to the observation that female heads are typically single parents while their male counterparts often work in synergy with their spouses when seeking healthcare technologies. Thus, public expenditures on adult literacy/training programmes could have important implications for reproductive health and additional labour market/training opportunities if a child was in good health. Keywords : Parental Education, Child Health, Control Functions, Cameroon.","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124727029","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: 10
Assymmetric shocks and adjustment in West African Monetary Union 西非货币联盟的非对称冲击与调整
African Journal of Economic Policy Pub Date : 1900-01-01 DOI: 10.4314/AJEP.V16I1.48827
Sf Dedehouanou
{"title":"Assymmetric shocks and adjustment in West African Monetary Union","authors":"Sf Dedehouanou","doi":"10.4314/AJEP.V16I1.48827","DOIUrl":"https://doi.org/10.4314/AJEP.V16I1.48827","url":null,"abstract":"","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134298207","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
Government capital spending and financing and its impact on private investment in Kenya: 1964-2006 肯尼亚政府资本支出和融资及其对私人投资的影响:1964-2006
African Journal of Economic Policy Pub Date : 1900-01-01 DOI: 10.4314/AJEP.V19I1
Samuel O. Oyieke
{"title":"Government capital spending and financing and its impact on private investment in Kenya: 1964-2006","authors":"Samuel O. Oyieke","doi":"10.4314/AJEP.V19I1","DOIUrl":"https://doi.org/10.4314/AJEP.V19I1","url":null,"abstract":"This study examined the relationship between public investment and private investment financing in Kenya from 1964 to 2006, using an error correction framework and data. The study showed that investment in agriculture had a significant positive effect while domestic debt had a significant negative impact. Political risk, real exchange rate, external debt and tax insignificantly had negative impact. Investment in infrastructure had insignificant positive impact. These findings revealed important policy implications that investment in agriculture crowds-in private investment while domestic debt crowds it out significantly. Keywords : Public expenditure, Tax and debt financing, Private investment, Error correction.","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114530623","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: 15
Inflation and capacity utilisation in Nigeria’s manufacturing sector 尼日利亚制造业的通货膨胀和产能利用率
African Journal of Economic Policy Pub Date : 1900-01-01 DOI: 10.4314/AJEP.V20I1
O. Ishola
{"title":"Inflation and capacity utilisation in Nigeria’s manufacturing sector","authors":"O. Ishola","doi":"10.4314/AJEP.V20I1","DOIUrl":"https://doi.org/10.4314/AJEP.V20I1","url":null,"abstract":"This study analysed the relationship between inflation and capacity utilisation empirically leaning on the model employed by Baylor (2001). It utilised time series secondary data using least square multiple regression technique. The quarterly data utilised were tested for stationarity using ADF test. The multiple regression results showed a significant negative relationship between inflation and capacity utilisation. This finding was contrary to the economic argument which underpinned the intuition that the relationship between inflation and capacity utilisation should be positive. We also found that although the relationship between the two varied significantly over time, the model revealed that if current capacity utilisation rate doubled, inflation will decline by 3.6 per cent in Nigeria. Keywords : Capacity utilisation, Inflation, Manufacturing","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117280174","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: 1
Trade Policy and “Natural” Barrier-Induced Incidence of Protection and Aggregate Demand for Imports: Evidence from Malawi 贸易政策和“自然”壁垒引起的保护发生率和进口总需求:来自马拉维的证据
African Journal of Economic Policy Pub Date : 1900-01-01 DOI: 10.4314/AJEP.V17I1
EK Zgovu
{"title":"Trade Policy and “Natural” Barrier-Induced Incidence of Protection and Aggregate Demand for Imports: Evidence from Malawi","authors":"EK Zgovu","doi":"10.4314/AJEP.V17I1","DOIUrl":"https://doi.org/10.4314/AJEP.V17I1","url":null,"abstract":"This study investigated the relative importance of trade policy and “natural” barrier-induced incidence of protection and its effects on trade for a  landlocked Sub-Saharan African economy. The results showed that policy-induced protection has diminished with trade reforms whilst non-policy-induced protection remained high mainly because of high transport costs. An import demand system estimated using Johansen cointegration technique showed that natural barriers-induced incidence of protection has had strong disincentive effects on importing. Thus, Malawi needed to diversify and increase investment in strategic transport infrastructure to reduce “natural” barrier-induced trade costs for improved trade competitiveness. Key words : Trade policy; Trade barriers; Transport costs; Demand for imports; Incidence of protection","PeriodicalId":162902,"journal":{"name":"African Journal of Economic Policy","volume":"14 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124193001","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: 5
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