International Journal of Business Management and Finance Research最新文献_第2页

Monetary Policy Transmission Paths and Money Supply in Sub-Saharan Africa: Evidence from Nigeria and Ghana 撒哈拉以南非洲的货币政策传导路径与货币供给:来自尼日利亚和加纳的证据

International Journal of Business Management and Finance Research Pub Date : 2021-12-29 DOI: 10.53935/26415313.v4i2.187

Ugwuanyi Georgina Obinne, Efanga, Udeme Okon, Okanya Ogochukwu Chinelo

{"title":"Monetary Policy Transmission Paths and Money Supply in Sub-Saharan Africa: Evidence from Nigeria and Ghana","authors":"Ugwuanyi Georgina Obinne, Efanga, Udeme Okon, Okanya Ogochukwu Chinelo","doi":"10.53935/26415313.v4i2.187","DOIUrl":"https://doi.org/10.53935/26415313.v4i2.187","url":null,"abstract":"The main objective of this study gears towards evaluating monetary policy transmission paths and money supply in Sub- Saharan Africa: evidence from Nigeria and Ghana from1981- 2018. The Central Bank of Nigeria, Bank of Ghana and World Bank, World Development Indicator of 2018 furnished us with the data used for analysis. This study explored three different monetary policy transmission channels: interest rate, credit and asset pricing transmission channels and these variables were regressed on money supply in both countries using Auto Regressive Distributed Lag (ARDL) Model estimation technique. The study also employed other diagnostic tests such as: Normality, Auto correlation test, Heteroskedasticity test and Breusch-Godfrey Serial Correlation LM test and they confirmed the validity and reliability of the model employed. The inferential results revealed that credit to private sector transmission channels in both Nigeria and Ghana had positive and significant impact on money supply but lending rate transmission paths in the two countries impacted insignificantly on money supply. This study concludes that monetary policy transmission channels in Nigeria were more robust in impacting on money supply than in Ghana. As such, the study recommends that monetary authorities of both countries need to formulate stringent monetary policies that will reduce the circulation of money outside the financial systems and there should be a synergy between monetary and fiscal policies in both economies so as to aid the instruments of macroeconomic policies achieve their objectives.","PeriodicalId":247473,"journal":{"name":"International Journal of Business Management and Finance Research","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127819546","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

A Study on Development of Agraria Research and Innovation System in Bulgaria 保加利亚农业研究与创新体系发展研究

International Journal of Business Management and Finance Research Pub Date : 2021-12-29 DOI: 10.53935/26415313.v4i2.189

Hrabrin Bachev Храбрин Башев

{"title":"A Study on Development of Agraria Research and Innovation System in Bulgaria","authors":"Hrabrin Bachev Храбрин Башев","doi":"10.53935/26415313.v4i2.189","DOIUrl":"https://doi.org/10.53935/26415313.v4i2.189","url":null,"abstract":"Despite the great theoretical and practical significance, in Bulgaria there are no comprehensive analysis of the state and evolution of agrarian research and development (ARD) activities in public and private sectors. The goal of this paper is to analyze the state and evolution of ARD in Bulgaria during the period after country’s EU accession in 2007, identify major trends in that area, make a comparison with other EU states, specify main problems, and suggest conclusions for improvement of policies during next programing period. The analysis has found out that in years of EU membership the expenditures for ARD significantly decreased absolutely and relatively as a share in the total expenditures for R&D, which indicates diminishing importance, and deteriorating financial, personnel and material potential of agrarian knowledge and innovation sector. The most important sector for ARD in the country is the government in which more than 80% of overall expenditures for ARD are invested, as distribution of expenditures and organization of R&D in major sectors differ considerably from other EU member states. ARD in the country mainly are funded by the state budget, and the importance of budget financing relatedly increases during the period, unlike trends in other EU countries.","PeriodicalId":247473,"journal":{"name":"International Journal of Business Management and Finance Research","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125561671","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

Georgia Tax Policy Directions in Value Added Tax (VAT) and Expected Results of Reforms 格鲁吉亚增值税税收政策方向及改革预期效果

International Journal of Business Management and Finance Research Pub Date : 2021-11-10 DOI: 10.53935/2641-5313.v4i1.64

Iza Bukia

引用次数: 0

On the Construction of a Leading Indicator Based on News Headlines for Predicting Greek Deposit Outflows 基于新闻标题的希腊存款流出先行指标构建研究

International Journal of Business Management and Finance Research Pub Date : 2021-09-10 DOI: 10.53935/2641-5313.v4i1.57

D. Anastasiou, A. Petralias

引用次数: 2

An Analysis of the Determinants of Household Consumption Expenditure and Poverty in Indonesia 印尼家庭消费支出与贫困的决定因素分析

International Journal of Business Management and Finance Research Pub Date : 2020-06-01 DOI: 10.53935/2641-5313.V3I1.38

Nely Suriani

{"title":"An Analysis of the Determinants of Household Consumption Expenditure and Poverty in Indonesia","authors":"Nely Suriani","doi":"10.53935/2641-5313.V3I1.38","DOIUrl":"https://doi.org/10.53935/2641-5313.V3I1.38","url":null,"abstract":"The main question of the research that is examined in the research is what the determinants of household consumption expenditure and poverty in Indonesia are. For this purpose, six key variables were selected which includes, household consumption expenditure, level of gross national income (GNI), level of population, lending interest rate, unemployment rate and also global financial crises. However, paper specifically attempted to conduct data analysis on the Indonesia; hence data of Indonesia was collected from World Bank Data centre. Data for the Indonesia was available for the period of 1990 to 2019. To determine stationarity of the data, Augmented Dickey-fuller (ADF) test was conducted. The ADF revealed that data was non-stationary and to resolve the issue of unit root, second difference of the variables resolved the issue and tests were conducted on second difference. Furthermore, instead of using the ordinary least square (OLS) regression, autoregressive distrusted lag model (ARDL) was preferred. The bound test reveals that there is long-run effect means cointegration present among the variable; hence the household consumption expenditure could be used to predict or estimate the household consumption and poverty in long-run. Meanwhile, ARDL results has suggested that there is no short-run effect of any of the regressors on the regressand household consumption expenditure and poverty.","PeriodicalId":247473,"journal":{"name":"International Journal of Business Management and Finance Research","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128783896","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: 0

Interdisciplinary Research in Public Management: Perspective of Economics and Sociology 公共管理的跨学科研究:经济学和社会学的视角

International Journal of Business Management and Finance Research Pub Date : 2019-03-21 DOI: 10.53935/2641-5313.v2i1.30

H. Kabir, Ziaur Rahman, Shaheen Yusufzada

引用次数: 0

Assessing the Impact of Government Regulations on Microfinance Banks (MFBs) Performance 评估政府法规对小额信贷银行(mfb)绩效的影响

International Journal of Business Management and Finance Research Pub Date : 2018-12-18 DOI: 10.53935/2641-5313.v1i2.28

Obadeyi, J.A., O. M.O, Oladejo, K.S.

引用次数: 0

Organizational Learning: A Panacea for Workers’ Productivity in the Nigeria Transportation Sector 组织学习:尼日利亚运输部门提高工人生产力的灵丹妙药

International Journal of Business Management and Finance Research Pub Date : 2018-12-14 DOI: 10.53935/2641-5313.v1i2.27

T. F. Buradum, Maru, Godwin Worlu

引用次数: 0

Economic Planning and Human Capital Development in Nigeria 尼日利亚的经济规划和人力资本发展

International Journal of Business Management and Finance Research Pub Date : 2018-12-11 DOI: 10.53935/2641-5313.v1i1.26

E. Brown

{"title":"Economic Planning and Human Capital Development in Nigeria","authors":"E. Brown","doi":"10.53935/2641-5313.v1i1.26","DOIUrl":"https://doi.org/10.53935/2641-5313.v1i1.26","url":null,"abstract":"This study provides econometrics evidence linking economic planning process to human capital development in Nigeria. The specific objectives focused on the effects of planned investments on education, healthcare delivery and community and social services on human capital development in Nigeria over the period 1990-2016. Data collected from Central Bank of Nigeria Statistical Bulletin were analyzed using Fully Modified Least Squares and Granger Causality test in addition to augmented Dickey Fuller unit root and Johansen-Juselius test. The results of the unit root tests show that only life expectancy is stationary at levels while the other variables in the model become stationary at first difference. The cointegration tests results revealed that the variables in each of the models have long run relationship. The regression result in shows that planned expenditure on education has weak significant positive impact on life expectancy. This finding aligns with the theoretical expectation as economic planning that increases budgetary allocation to the education sector is expected to increase the level human capital of the population and in turn increase their opportunities of living a long and healthy life. The results further show that public investment in the education sector generates positive outcomes on gender parity index for gross enrollment ratio in primary and secondary education in Nigeria. The Granger causality test shows that unidirectional causality runs from public expenditure on social and community services to life expectancy and from public expenditure on education to gender parity index for gross enrollment ratio in primary and secondary education. Therefore, it is recommended that policy makers should ensure that economic planning in Nigeria continues to prioritize medium and long term investments on education in addition to community and social services in order to enhance pace of human development.","PeriodicalId":247473,"journal":{"name":"International Journal of Business Management and Finance Research","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115667858","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: 0