African Journal of Economics and Sustainable Development最新文献

{"title":"Transport and Electricity Infrastructures and Economic Growth and Development in Selected Sub-Saharan African Countries","authors":"Overo K., Orubu C., Ezi C. T.","doi":"10.52589/ajesd-lwfoh6o8","DOIUrl":"https://doi.org/10.52589/ajesd-lwfoh6o8","url":null,"abstract":"Economic postulations suggest that the interrelationship between changes in incomes, capital and labour which can be substituted into macroeconomic neoclassical and steady-state growth theories drives economic development. Arising from the above economic axiom, this study investigated the impact of transport and electricity infrastructures on economic development and growth in sub-Saharan Africa. The study used panel data from fifteen (15) sub-Saharan African countries. Panel data were obtained from statistical bulletins of the various countries and World Bank Indicators (WBI) from 2000-2022. Data obtained were analyzed via descriptive, diagnostic and inferential statistics. Specifically, the fixed and random effects regression revealed that while there is a significant relationship between transportation and electricity infrastructures and economic growth, an insignificant relationship was found between transportation and electricity infrastructures and economic development in the selected sub-Saharan African countries. Based on the findings, it was recommended among others that governments in sub-Saharan Africa needs to increase their contributions and support for electricity and transportation infrastructures; this can be done by increasing budgetary allocation for critical infrastructures in countries of sub-Saharan Africa","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"22 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140671528","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}

{"title":"Factors Influencing Business and Entrepreneurial Survival in Africa: A Systematic Review","authors":"Joshua C. O., Ediri E. A., Ogayi C. O., Okorie W., Rebecca C. O.","doi":"10.52589/ajesd-krb0epaq","DOIUrl":"https://doi.org/10.52589/ajesd-krb0epaq","url":null,"abstract":"This paper examined the key factors that significantly impact the survival of businesses and entrepreneurial ventures in Africa using a systematic review. It is crucial to comprehend the factors that influence the existence of businesses to achieve enduring economic growth and advancement. By employing a comprehensive review of pertinent academic publications, this research effort merges significant findings from contemporary investigations to offer helpful perspectives on the challenges along prospects experienced by businesses operating in Africa. This study addresses various facets of entrepreneurship, such as the impact of entrepreneurial factors on achieving high levels of success, the causes of failure, the drivers of growth, and the distinct experiences of micro-businesses owned by African immigrants. Findings from the study indicate that several factors, including resource accessibility, market conditions, entrepreneurial aptitude, and government assistance, substantially influence the longevity of businesses in Africa. This study contributes to the broader academic conversation surrounding entrepreneurship in Africa. It achieves this by providing a comprehensive and current analysis of the various elements that influence the long-term viability of businesses. The outcomes of this comprehensive analysis provide valuable insights for policymakers, entrepreneurs, and researchers, enabling them to make informed decisions based on facts and promoting a conducive atmosphere in businesses striving in Africa.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"94 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140693621","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}

{"title":"Effect of Strategic Orientation on Organizational Performance of Hotels in Warri, Delta State, Nigeria","authors":"Ibini E., Jude N. M.","doi":"10.52589/ajesd-td17tcan","DOIUrl":"https://doi.org/10.52589/ajesd-td17tcan","url":null,"abstract":"The study examined the effect of strategic orientation on organizational performance of hotels in Warri, Delta State. The study used a cross-sectional survey research approach. The survey encompassed a population of 482 employees from 10 selected four- and five-star hotels located in Warri, Delta State. A sample size of 214 employees was chosen from the entire population. A structured questionnaire was employed as the research tool in this study. In order to ascertain the instrument's reliability, a test-retest technique was employed. Data was analyzed by using descriptive and inferential statistical techniques, including correlation and multiple regression analysis. The analysis was conducted using the SPSS for Windows software, namely, version 25. Findings showed that entrepreneurial orientation, market orientation and customer orientation have a significant positive effect on organizational performance. The study concluded that strategic orientation has a significant positive effect on organizational performance of hotels in Warri, Delta State. The study recommended amongst others that hotels should foster an environment in which all team members, ranging from frontline employees to executives, adopt a customer-focused mentality. Ensure that your employees comprehend the significance of anticipating the wants of guests, providing proactive assistance, and continually giving outstanding service.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"21 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140739346","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}

{"title":"Impact of Monetary Policy on Importation in Nigeria (1990-2020)","authors":"Ogbu Chibueze Okpaga","doi":"10.52589/ajesd-cjvcg5wn","DOIUrl":"https://doi.org/10.52589/ajesd-cjvcg5wn","url":null,"abstract":"This study ascertained the effect of monetary policy on importation in Nigeria covering the period 1990 – 2020. Data for the study were extracted from the Central Bank of Nigeria (CBN) statistical bulletin. The method of data analysis used is the linear regression method with the application of the Error Correction Model (ECM). The major findings of the study reveal that interest rate has a negative and insignificant effect on importation in Nigeria, exchange rate has a positive and insignificant effect on importation in Nigeria, broad money supply has a positive and significant effect on importation in Nigeria and there is a causal relationship between importation, trade openness and broad money supply. It is therefore the recommendation of the study that there is need for boosting domestic production so as to contend high level of import that may have a detrimental effect on our external reserves. Secondly; the Nigerian authorities should carry out reforms that would enhance the role of interest rate in order to mobilize funds for trade purposes.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"3 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140739851","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}

{"title":"The Influence of Tax Service Quality on Presumptive Taxpayers’ Compliance in Tanzania: A Case of Ilala Tax Region","authors":"Heriel E. N., Vaishali J. S.","doi":"10.52589/ajesd-uesusve6","DOIUrl":"https://doi.org/10.52589/ajesd-uesusve6","url":null,"abstract":"This study was conducted to examine the influence of tax service quality on presumptive taxpayers’ compliance in Tanzania: a case of Ilala Tax Region. The study was guided by three specific objectives as indicated by independent variables namely Tax Service Reliability, Tax Service Responsiveness and Tax Service Tangibility. The study adopted a positivist philosophy, employed a deductive approach, and utilized survey strategy. The study was conducted in Ilala Municipal with a sample of 384 respondents. Probability sampling procedure was applied through simple random sampling technique. The study used both primary and secondary data. Primary data was collected through questionnaires. Peer reviewed journal articles relevant for the subject matter, national tax and trade statistics reports from Tanzania Revenue Authority (TRA) and National Bureau of Statistics (NBS) were reviewed for secondary data. Data was analyzed using the OLS regression model. This study has found that Tax Service Reliability and responsiveness has no significant influence on presumptive tax payer’s compliance in Ilala Tax Region. Also the study revealed Tax Service Tangibility to have a significant positive influence on presumptive taxpayers’ compliance in the Ilala tax region. From the results, this study recommends Tanzania Revenue Authority (TRA) to focus on enhancing the perceived reliability of their tax services, including measures to ensure consistent interpretation and application of tax regulations, improving the accuracy of tax assessments, expediting the issuance of tax-related documents, enhancing the transparency of tax procedures and policies, and maintaining reliable online tax filing systems. Additionally, they should prioritize improving responsiveness to taxpayers’ needs by enhancing the promptness of addressing inquiries and concerns, making tax authority representatives more accessible through various communication channels, offering comprehensive assistance and guidance, and ensuring clarity in tax-related communication materials to enhance taxpayers’ understanding and compliance.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"27 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139957331","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}

{"title":"Impact of Advanced Technologies on the Accounting Sector in Developing Nation: Evidence from Fiji","authors":"Rajneel Ravinesh Prasad","doi":"10.52589/ajesd-kt7kiog3","DOIUrl":"https://doi.org/10.52589/ajesd-kt7kiog3","url":null,"abstract":"The emergence of advanced technologies (blockchains, machine learning, data mining, cloud computing) in Fiji’s accounting sector have revolutionized how accounting works. It has increased data accuracy, human efficiency, enhanced real time data exchange and risk management and reduced costs. However, there have also been some negative impacts such as redundancy of basic accounting roles, increased data security threats, increased set up and training costs. This study examines the positive and negative impacts of adoption of new technologies by the accounting industry in Fiji and puts forward some recommendations on how these challenges could be effectively addressed so that, rather than being perceived as a threat, humans’ partner with these software and tools to reap the maximum benefits. Practical Contribution: The findings help stakeholders to implement effective business strategies to enhance positive impacts and mitigate negative impacts of advanced technologies especially in developing nations. Theoretical Contribution : This research contributes an empirical study to the literature on advanced technologies and accounting in developing nations.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"45 27","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139151209","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}

{"title":"An Assessment of the Relationship between Stock market Development and Monetary Policy on Economic Growth in some selected African Countries","authors":"Ali S., Adahama I.H.","doi":"10.52589/ajesd-c31cncwv","DOIUrl":"https://doi.org/10.52589/ajesd-c31cncwv","url":null,"abstract":"The stock market supplies equity and a direct form of finance to prospect investors for economic reasons. This function qualifies it to work as an essential long-term lubricant in the economic growth progress. The study examines the relationship between stock market development and monetary policy on economic growth in the major oil producing African countries namely Nigeria, Angola, Algeria and Libya. The panel unit root tests show that real gross domestic product, market capitalization and interest rate are integrated of order one while money supply is integrated of order zero. The fixed effect model shows that market capitalization, money supply and interest rate have positive and statistically significant effect on the real gross domestic product in Nigeria, Angola, Algeria and Libya. The study concludes that stock market development has a positive effect on economic growth in the selected African countries and monetary policy has a positive effect on economic growth in the selected African countries. The recommends that African countries especially Nigeria, Angola, Algeria and Libya should advance buying and selling of stock by encouraging more companies and securities to be listed in the stock exchange for more equity capitalization and finally this could lead to increase in economic growth in their region, expansionary monetary policy should implemented in African countries in order to boast economic variables and achieved higher economic growth.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"84 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139151802","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}

{"title":"Quality Assurance of Teachers in Implementing the Content of Pre- Vocational Agriculture Curriculum in Primary School in Imo State, Nigeria","authors":"Ikutal A., Alaribe M.O., Olaitan S.O.","doi":"10.52589/ajesd-48cjotcb","DOIUrl":"https://doi.org/10.52589/ajesd-48cjotcb","url":null,"abstract":"This study was carried out to ascertain the quality assurance of teachers in implementing the content of the pre-vocational curriculum of primary school. Two research questions were formulated and answered by the study. The study was carried out in Mbaitoli Local Government Area of Imo State, Nigeria. Evaluation and survey research designs were adopted for the study. Sample for the study was 42 teachers of primary school in the area of study. A 35-item psycho-productive multiple choice test and 24 cluster items questionnaire were used to collect data from respondents. Data collected were analyzed using frequency and percentage score (for the multiple choice test), weighted mean and performance gap analysis (for the questionnaire items). It was found out from the study that the teachers were of average quality, and needed improvement for effective teaching of agriculture to pupils in primary school. It was therefore recommended that the findings of this study should be packaged by relevant stakeholders for retraining the teachers through workshops, seminars, or short duration courses for improved performance on the content of pre-vocational agriculture curriculum in primary school.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"37 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138601523","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}

{"title":"Exponential Smoothing State Space Innovation Model for Forecasting Export Commodity Price Index in Nigeria","authors":"Jammeh L.B., Guobadia E.K., Ugoh C.I.","doi":"10.52589/ajesd-xqfamzmy","DOIUrl":"https://doi.org/10.52589/ajesd-xqfamzmy","url":null,"abstract":"Commodity price forecasts play an important role in terms of guidance to economic agents and policymakers in developing countries. This paper focuses on the development of exponential smoothing state space (ETS) innovation models for forecasting monthly export price indexes of four different commodities in Nigeria for the period 2000-2021. The data are secondary and collected from the Central Bank of Nigeria (CBN) Statistical Bulletin. After examining the possible models using the computed information criteria, the results showed that the exponential smoothing state space model (M, Ad, N), (M, N, M), (M, N, M), and (M, N, N) are suitable for forecasting Commodity 1, Commodity 2, Commodity 3, and Commodity 4 respectively.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139244929","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}

{"title":"The Mediating Role of Governance in Foreign Direct Investment Inflows and Economic Performance Nexus: New Evidence from Nigeria","authors":"Ozegbe A.E., Salami L.O.","doi":"10.52589/ajesd-oipbsdyp","DOIUrl":"https://doi.org/10.52589/ajesd-oipbsdyp","url":null,"abstract":"The recent FDI-growth literature suggests that the varying effects of foreign direct investment on economic growth in host countries might be due to certain domestic factors that determine the benefits of FDI. Among these factors is the quality of governance; thus, this study examined how the interaction between foreign direct investment (FDI) and governance affects the performance of the Nigerian economy by relying on annual time series data spanning 1986 to 2021. The results from the autoregressive distributed lag (ARDL) model revealed that the interaction between governance and foreign direct investment exerts a positive and highly significant impact on economic performance. Apparently, the interaction between governance and foreign direct investment appears to be elastic. The foregoing suggests that governance is a significant moderating factor between foreign direct investment and economic performance in Nigeria.","PeriodicalId":406884,"journal":{"name":"African Journal of Economics and Sustainable Development","volume":"19 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139275936","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}