EUSpace Collection:
http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/34
2023-08-21T22:56:23ZINFLATIONARY RATE IN NIGERIA: IMPACT OF FOREIGN CAPITAL INFLOWS
http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1325
Title: INFLATIONARY RATE IN NIGERIA: IMPACT OF FOREIGN CAPITAL INFLOWS
Authors: Olabisi, Olabode Eric
Abstract: As the prices of daily needs are aggravating in Nigeria, the value of the country’s currency (naira) is less appreciated on a daily basis, and this pose a threat to a good standard of living in Nigeria. Therefore, this study investigated the impact of foreign capital inflows on the persistent increase in inflation in Nigeria over the period of 1985 to 2019. The Autoregressive Distributed Lags was used to obtain the parameter estimates of the long run relationship between foreign capital inflows and inflation. By using the Forecast Error Variance Decomposition techniques, the cause-effect analysis of foreign capital inflows and inflation was determined. Results provide evidence of a long run relationship between the series. Results further indicate that inflation is sensitive to foreign capital inflows variables such as net official development assistance received and remittance inflows in Nigeria. Policies that reduce the negative impact on inflation are recommended in the body of the paper.
Description: Staff Publication2021-09-01T00:00:00ZToward sustainable electricity generation mix: an econometric analysis of the substitutability of nuclear energy and hydropower for fossil fuels in Canada
http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1322
Title: Toward sustainable electricity generation mix: an econometric analysis of the substitutability of nuclear energy and hydropower for fossil fuels in Canada
Authors: Solarin, Sakiru Adebola; Bello, Mufutau Opeyemi; Olabisi, Olabode Eric
Abstract: The dominance of fossil fuels in electricity generation fuel mix continues to undermine the importance of
electricity as a critical factor for sustainable economic development. As with most economies of the world,
the Canadian fuel mix for electricity generation is dominated by fossil fuels. This scenario creates both
environmental and resource sustainability challenges. There are questions marks over the potentials of
nonfossil energy sources to address these challenges and ensure a more sustainable electricity generation.
This study aims to examine the potentials of nuclear energy and hydropower to substitute the fossil
fuels of coal and natural gas in electricity generation for Canada. A trans-log production function was
estimated with the ridge regression method to obtain the parameter estimates. The empirical findings
show that, with the exception of coal input, all energy inputs have positive output elasticities, which
indicate that an increase in the energy inputs will increase output in Canada. The results further provide
evidence of positive elasticity of substitution between the non-fossil energy sources and the fossil fuels
which give credence to the hypothesis that clean energy sources such as nuclear energy and hydropower
have the potential to substitute for the fossil fuels of coal and natural gas the electricity generation
process for Canada. The estimates show that the smallest substitution occurs between coal and gas, which
is an additional evidence that clean energy has higher chances of substituting fossil fuels. Policies that
promote the adoption of more renewable and clean energy sources are recommended in the body of the
paper.
Description: Staff Publication2021-02-01T00:00:00ZTechnological dependence in Africa: its nature, causes, consequences and policy derivatives
http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1267
Title: Technological dependence in Africa: its nature, causes, consequences and policy derivatives
Authors: Fabayo, J.A.
Abstract: Technology is critical to development because it is a resource which endows
economic growth with much of its capacity for satisfying human wants.
Whether the need is for more food, better education, improved housing,
health care, transportation and telecommunication, increased industrial
output, etc., modern technology plays a decisive role, particularly as it
enhances the efficiency of resource utilization, spurs the creation and
expansion of resources (e.g. physical capital) and diminishes the importance
of natural factor endowment in economic progress. It is this developmental
role of technology that makes its acquisition or the capability for generating
it important and underscores the need for its importation in Africa, given the
continent's inability to source it locally.
It is, however, the contention of this study that African countries' reliance
on technology imports has not only inhibited local technological development
efforts in the continent, but has also contributed, in a rather cumulative
manner, to the distorted development or underdevelopment of the African
economy. Unless concerted efforts are made to build up a strong indigenous
scientific and modern technological development capability that can
guarantee some degree of self-reliance in technological matters, any hope for
a rapid and internally stimulated development of the African economy will
remain as a mere illusion.
Description: Staff Publication1996-01-01T00:00:00ZStreet Trading Activities and Maternal Health in Urban Areas of Nigeria
http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1266
Title: Street Trading Activities and Maternal Health in Urban Areas of Nigeria
Authors: Amoo, Emmanuel; Ola-David, Oluwayomi; Ogunrinola, I.O.; Fadayomi, T.O.
Abstract: The study assessed the health risks associated with street trading activities among
selected mothers in urban centers of Nigeria. The data used was extracted from national survey
data among 3,873 street traders selected in various Central Business Districts (CBDs) across
three major cities of Nigeria, namely, Lagos, Kano and Port Harcourt. The study showed that
street trading has provided job opportunities for mothers but the impact of the business on their
welfare is not visible considering their weekly income that is far below their weekly expenditure.
Respondents with primary, secondary and tertiary education are 0.879, 0.553 and 0.818 less
likely to be injured while trading on the street compared to individuals who have no formal
education. The authors suggest due recognition to be given to the activity and that street tradersgovernment partnership be established in order to safeguard the health of the operators.
Description: Staff Publication2012-01-01T00:00:00Z