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    Wyświetlanie 1-3 z 3
    Tytuł:
    Modeling the Impact of Agriculture, Export Earnings and Inflation on Gross Domestic Product Using the Generalized Least Square (GLS) Approach
    Autorzy:
    Akpensuen, Shiaondo Henry
    Joel, Simon
    Alhaji, Abdullahi Gwani
    Powiązania:
    https://bibliotekanauki.pl/articles/1059403.pdf
    Data publikacji:
    2019
    Wydawca:
    Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
    Tematy:
    Agriculture
    Export Earnings
    Gross Domestic Product (GDP)
    Inflation
    Opis:
    The paper explored the impact of Agriculture, export earnings and inflation on gross domestic product (GDP). Time series data were obtained from the central bank of Nigeria statistical bulletin from 1981 to 2018. Each series consist of 38 observations. Evidence from our study showed that the predictor variables (Agriculture, export earnings and inflation) were significantly joint predictors of Gross Domestic Product. The predictor variables jointly explained 68.958% of GDP. Result of the analysis also revealed that both agriculture and export earnings have a positive impact on gross domestic product reaffirming the importance of the sectors to economic growth while inflation has a negative impact on gross domestic product. With evidence that agriculture has the potential to cause economic growth, spur industrialization as well as to enhance the living condition of the nation’s majority, there should be increased investment in the development of the sector. This study also revealed that inflation is detrimental to sustainable economic growth in Nigeria. The result has important policy implications for both domestic policy makers and development partners. It also implies that controlling inflation is a necessary condition for promoting economic growth. Thus, policy makers should focus on maintaining inflation at a low rate probably single digit.
    Źródło:
    World Scientific News; 2019, 134, 2; 326-334
    2392-2192
    Pojawia się w:
    World Scientific News
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Dynamics of Trade Openness in Sri Lanka
    Autorzy:
    Mohamed Aslam, A. L.
    Powiązania:
    https://bibliotekanauki.pl/articles/1178315.pdf
    Data publikacji:
    2017
    Wydawca:
    Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
    Tematy:
    Gross Domestic Product
    Money supply
    Sri Lanka
    Trade openness
    Opis:
    In Sri Lanka, even it was verbally confirmed that the trade openness occurs the wonder on the economy of Sri Lanka, which was not statistically proofed. This study was to test the trade openness dynamics of the economic growth in Sri Lanka using annual time series data over the period of 1975 to 2014. In this study the following variables were used as variables gross domestic product, which was the proxy variable of the economic growth, the trade openness and the money supply. Furthermore, in order to test the long run relationship between the variables, the Johansen cointegration technique was employed while, the VECM technique was employed to test the short run behaviour of the trade openness. In this study, both techniques confirmed that the trade openness negatively and significantly had the long run relationship with the economic growth. While, the lag values of the trade openness in short run period, jointly had not impacted on the economic growth over the sample period. Finally, this study recommended to the government of Sri Lanka that the export should be increased when they formulate the trade development policy.
    Źródło:
    World Scientific News; 2017, 81, 2; 94-105
    2392-2192
    Pojawia się w:
    World Scientific News
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Does consumption expenditure induce the ecomonic growth? An empirical evidence from Sri Lanka
    Autorzy:
    Aslam, A. L. Mohamed
    Powiązania:
    https://bibliotekanauki.pl/articles/1178331.pdf
    Data publikacji:
    2017
    Wydawca:
    Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
    Tematy:
    Gross domestic product
    consumption expenditure
    multiple regression test and Co-integration test
    Opis:
    Indeed, consumption expenditure is a very important element of increasing the economic growth, which was confirmed by enough empirical studies in different countries. But in Sri Lanka there is no evidence regarding the relationship between the consumption expenditure and economic growth. In order to test this relationship, this study used both multiple regression and Johansen and Juselius cointegration techniques by using time series data during the period of 1975 to 2014 of the following variables: exports, gross domestic product, consumption expenditure of households, and official development assistant. In this study, both techniques confirmed that the consumption expenditure positively impact on the economic growth and moves with the economic growth in the long - run period. Thus, this study strongly confirmed that the consumption expenditure in Sri Lanka induces the economic growth over the sample period. Therefore, this study recommends, if the policy makers should develop the policy to promote the consumption expenditure, the economic growth should be positively moved, so policy makers have to design consumption promotion policy.
    Źródło:
    World Scientific News; 2017, 81, 2; 221-234
    2392-2192
    Pojawia się w:
    World Scientific News
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
      Wyświetlanie 1-3 z 3

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