Applied Journal of Economics, Management and Social Sciences最新文献

Optimal Monetary Policy in a simple backward and forward looking Models 最优货币政策的一个简单的前瞻和后向模型

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-12-28 DOI: 10.53790/ajmss.v3i5.72

Aderibigbe Aderohunmu, Mustapha Abdulwahid

引用次数: 0

Assessment of interest rate channel Effectiveness in the transmission of Monetary Policy in Nigeria 利率渠道在尼日利亚货币政策传导中的有效性评估

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-11-04 DOI: 10.53790/ajmss.v3i5.63

Bulus Yusuf, O. Afiemo, A. Isah

{"title":"Assessment of interest rate channel Effectiveness in the transmission of Monetary Policy in Nigeria","authors":"Bulus Yusuf, O. Afiemo, A. Isah","doi":"10.53790/ajmss.v3i5.63","DOIUrl":"https://doi.org/10.53790/ajmss.v3i5.63","url":null,"abstract":"This study attempted to investigate the effectiveness of the interest rate channel in the transmission of monetary policy by employing a structural vector autoregressive (SVAR) model using sign restriction. It used a set of policy and non-policy macroeconomic variables based on monthly data spanning the period 2007 and 2020. The structural impulse response functions provided evidence to support the use of the MPR as a signaling rate for domestic interest rates but was, however, found to be ineffective in stabilizing prices or increasing output. Furthermore, results from the variance decomposition of the non-policy variables found the effect of exchange rate innovations to be more significant in explaining variations in the price level. The study, therefore, concludes that the effectiveness of the policy rate in stabilizing prices is dampened by shocks prevalent from the external sector. Given the importance of international trade, the study recommends aggressive exchange rate management including policies that encourage import-substitution to build reserves and strengthen the value of the domestic currency.","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126196023","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

Effect of Social Disclosures on the Financial Performance of Selected Food and Beverage Manufacturing Firms in Nigeria 社会披露对尼日利亚选定食品和饮料制造企业财务绩效的影响

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-10-08 DOI: 10.53790/ajmss.v3i5.69

G. Oyedokun, Bihu Ayon

{"title":"Effect of Social Disclosures on the Financial Performance of Selected Food and Beverage Manufacturing Firms in Nigeria","authors":"G. Oyedokun, Bihu Ayon","doi":"10.53790/ajmss.v3i5.69","DOIUrl":"https://doi.org/10.53790/ajmss.v3i5.69","url":null,"abstract":"This study investigated the effect of social disclosure on the financial performance of selected Nigerian food and beverage industries. Ex-post facto research is used in this study. The information was gathered from the annual reports of the selected food and beverage companies listed on the Nigerian Stock Exchange from 2016 to 2020. The study used content analysis to approach social disclosure data and Stata to analyse the acquired data. As a result, a panel data regression technique was used. For the period under consideration, 2011-2020, there were negative but negligible connections between the various scores assessing social and environmental disclosures and the financial performance of food and beverage manufacturers listed on the Nigerian Stock Exchange. Given the foregoing, the study recommends that government regulatory authorities and policymakers utilise important theoretical guidance to promote the establishment of a standard reporting guideline for the process of creating a company's non-financial report, or better yet, encourage the process of creating standalone reports and developing standard information disclosure templates, encouraging organisations to disclose corporate environmental monetary information.","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115418464","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

Mediating Role of Industrial Output on the relationship between Monetary Policy and Inflation in Nigeria 尼日利亚工业产出对货币政策与通货膨胀关系的中介作用

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-10-08 DOI: 10.53790/ajmss.v3i5.68

A. Umaru, Olugbenga Adebayo, Yunah B Bula

{"title":"Mediating Role of Industrial Output on the relationship between Monetary Policy and Inflation in Nigeria","authors":"A. Umaru, Olugbenga Adebayo, Yunah B Bula","doi":"10.53790/ajmss.v3i5.68","DOIUrl":"https://doi.org/10.53790/ajmss.v3i5.68","url":null,"abstract":"obtained from CBN statistical bulletin from 1990Q1 to 2019Q4. Monetary policy was proxied by monetary policy rate (MPR), prime lending rate (PLR), maximum lending rate (MLR), and treasury bills rate (TBR). The study employed Structural Equation Modelling (SEM) in analysis. It was found that monetary policy rate, prime lending rate, maximum lending rate, and treasury bills rate impacted positively on inflation in Nigeria. It was also found that industrial output impacted negatively on inflation, implying that an increase in industrial output will lead to a reduction in inflation in Nigeria. The study also found that industrial output played a partial mediation on the relationship between prime lending rate (PLR), maximum lending rate (MLR), and inflation but a complete mediation was found for industrial output on the relationship between monetary policy rates (MPR), treasury bills rate (TBR) and inflation in Nigeria. The study concluded that when industrial output is used as a mediator variable, on the relationship between monetary policy and inflation; monetary policy can effectively reduce inflation indirectly by boosting industrial output or production. The study recommends that to achieve the monetary policy objective of price stability, the monetary authority should reduce MPR, PLR, MLR, and TBR to boost industrial output, as industrial output has the potential of reducing the inflation rate in Nigeria.","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128472584","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

Productivity and Welfare Impact of Adoption of Improved Seed in Ethiopia; Critical Review 埃塞俄比亚采用改良种子对生产力和福利的影响评论

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-10-08 DOI: 10.53790/ajmss.v3i5.49

Zenaye Degefu Agazhi, Melkamu Meda

引用次数: 0

Borrowers Strategic Loan Default in Central Bank Microfinance Facilities and Incentives to Repay 借款人战略贷款违约在中央银行小额信贷工具和激励偿还

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-08-29 DOI: 10.53790/ajmss.v3i4.62

Gbadebo Salam, Alase Gbenga, Lamidi Sikiru, T. Joseph

引用次数: 0

Analysis of the Basic Infrastructures Affecting Child Labour in North-Eastern Nigeria 尼日利亚东北部影响童工的基本基础设施分析

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-08-21 DOI: 10.53790/ajmss.v3i4.45

Ibrahim Musa, S. Magaji, Ahmed Tsauni

{"title":"Analysis of the Basic Infrastructures Affecting Child Labour in North-Eastern Nigeria","authors":"Ibrahim Musa, S. Magaji, Ahmed Tsauni","doi":"10.53790/ajmss.v3i4.45","DOIUrl":"https://doi.org/10.53790/ajmss.v3i4.45","url":null,"abstract":"This study examines the basic infrastructures affecting child labour in North-Eastern Nigeria. The study employed multistage sampling techniques to obtain data from selected local government areas in three states of North Eastern Nigeria. Structured questionnaires were administered to 810 children and their household heads in three wards of each local government area selected. The data obtained were analysed using the Tobit Model. The results show that access to electricity has no significant effect on children engaging in work. This implies that access to electricity has no significant contribution or effect on determining the probability of children engaging in child labour. In addition, access to clean pipe borne water has no significant effect on children engaging in work. But the distance of school from households in kilometers has a significant positive effect on children engaged in work. However, the distance between hospitals and households in kilometers has no significant effect on children engaging in work, and the increase in the distance between hospitals from households in kilometers has the potential to reduce the probability of children engaging in work. Therefore, the study recommends necessary actions such as adequate provision for basic infrastructure. ","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126339799","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

Impact of Hydropower Dam on Household Water Security: Evidence from Amerti-Neshe Reservoir in Northwestern Ethiopia 水电大坝对居民用水安全的影响:来自埃塞俄比亚西北部Amerti-Neshe水库的证据

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-08-21 DOI: 10.53790/ajmss.v3i4.53

Yeshi Jima, Dawit Diriba, Feyera Senbeta, B. Simane

{"title":"Impact of Hydropower Dam on Household Water Security: Evidence from Amerti-Neshe Reservoir in Northwestern Ethiopia","authors":"Yeshi Jima, Dawit Diriba, Feyera Senbeta, B. Simane","doi":"10.53790/ajmss.v3i4.53","DOIUrl":"https://doi.org/10.53790/ajmss.v3i4.53","url":null,"abstract":"Understanding the impact of hydropower dam construction on adjacent local community water security is critical for identifying factors that influence water security as well as improving water supplies in rural areas. This study analyzes the impact of hydropower dam construction on the water security of households around the Amerti and Neshe dams in Northwestern Ethiopia. A multistage sampling procedure was followed to select 485 households (268 affected and 217 non-affected) for our analysis. A principal component analysis was applied to five dimensions of water security (access, utilization, affordability, quality, and quantity) and then the households water security index (HWSI) was constructed. An endogenous switching regression model was applied to analyze the impact of dam construction on the water security status at the household level in the study area. Our findings revealed that there is a significant mean difference in HWSI between affected and non-affected households regarding water access and quality. The average treatment effect indicates that the construction of the two dams has had a negative impact on household water security, reducing it by 12%. As a result, government and other stakeholders should consider relocating affected households to better areas in order to mitigate such negative effects on household water security.","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116052034","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

Re-examining agricultural output-economic growth nexus in Nigeria: New insights from Dynamic ARDL and Kernel-based Regularized Least Squares 重新审视尼日利亚的农业产出-经济增长关系:来自动态ARDL和基于核的正则化最小二乘的新见解

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-07-14 DOI: 10.53790/ajmss.v3i3.51

S. Akadiri, Gbenga Peter Enitan, P. F. Offum, Bukola Omotayo Fashoro, R. Joshua

{"title":"Re-examining agricultural output-economic growth nexus in Nigeria: New insights from Dynamic ARDL and Kernel-based Regularized Least Squares","authors":"S. Akadiri, Gbenga Peter Enitan, P. F. Offum, Bukola Omotayo Fashoro, R. Joshua","doi":"10.53790/ajmss.v3i3.51","DOIUrl":"https://doi.org/10.53790/ajmss.v3i3.51","url":null,"abstract":"The role of agriculture in reforming social and economic framework of an economy cannot be over-emphasized. It is against this backdrop, this study re-investigate the impact of agricultural output on real output in Nigeria for the period 1981-2019, while controlling for manufacturing output, broad money supply, real effective exchange rate and inflation. We employ a dynamic simulated autoregressive distributed lag model developed by Jordan and Philips (2018) and the Kernel-based Regularized Least Squares (KRLS) proposed by Hainmueller and Hazlett (2014) with useful application in the determination of causal-effect relationship using machine-learning algorithm to implement the pointwise derivatives. Empirical result show that, all regressors except conventional money supply are insignificant in the short-run, while an increasing effect of agricultural output and decreasing effect of unconventional monetary policy on economic growth is reported in the long run. Using the KRLS, we find that, higher agricultural output, increase economic growth at a higher level to a threshold where decreasing marginal returns take place. This indicate that increase in agricultural output is not always growth stimulating. Thus, we are of the opinion that, policymakers in formulating agricultural policy should exercise caution in advocating for increase in agricultural output beyond what is normal for growth while the negative impact of unconventional monetary policy on economic growth calls for caution by the monetary authority.","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115903271","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

Ecosystem Services Demand and Supply in a City Region: Implications for Regional Spatial Planning in Mekelle City 城市区域生态系统服务需求与供给:对迈克勒市区域空间规划的启示

Applied Journal of Economics, Management and Social Sciences Pub Date : 2022-07-14 DOI: 10.53790/ajmss.v3i3.55

Shishay Kiros

{"title":"Ecosystem Services Demand and Supply in a City Region: Implications for Regional Spatial Planning in Mekelle City","authors":"Shishay Kiros","doi":"10.53790/ajmss.v3i3.55","DOIUrl":"https://doi.org/10.53790/ajmss.v3i3.55","url":null,"abstract":"The provision of ecosystem services is determined by three factors: supply, demand, and flow. The study looked into both the demand and supply sides, as well as the spatial and temporal variations between supply and demand, from the perspective of a city region. To investigate the mismatch between demand and supply both quantitative and qualitative sources of data were employed. Landsat data, expert knowledge, document review, and qualitative data including key informant interview was utilized. The land-use patterns analyses show that ecosystem services flow in the city surroundings are higher than those within Mekelle city’s administrative boundary. Land use/land cover dynamics were the main drivers of ecosystem services supply decline in the Mekelle city region. Those changes negatively affected the capacity of ecosystems to provide goods and services to the growing urban and rural populations. This supply of bundles of ecosystem services did not match the demands of the society which endangered the sustainable utilization of natural capital. The results disclose land-use patterns over time and space as well as the capacities of different ecosystems to provide sustainable ecosystem services supply are declining. On the contrary, demands for these services are increasing due to the growth of the population and economic activities. The study can support spatial planners in addressing the sustainable use of watershed ecosystem services.\u0000 \u0000 ","PeriodicalId":409373,"journal":{"name":"Applied Journal of Economics, Management and Social Sciences","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131207881","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