Search results
1 – 6 of 6Richardson Kojo Edeme, Chigozie Nelson Nkalu and Innocent A. Ifelunini
The purpose of this paper is to develop and apply a distributional impact assessment methodology to empirically analyze distributional impact of public expenditure on human…
Abstract
Purpose
The purpose of this paper is to develop and apply a distributional impact assessment methodology to empirically analyze distributional impact of public expenditure on human development using data from 20 states in Nigeria. For robustness of the analysis, expenditure on education, health, agriculture, rural development, energy, housing, environmental protection and portable water resources are employed as predictors of human development. The result reveals that expenditure on education, health, agriculture, rural development and water resources has positive marginal impact on human development. In contrast, the marginal impact of energy, housing and environmental protection is negative. Among the sectors, education, health, agriculture, rural development and water resources expenditure has positive marginal impact while energy, housing and environmental protection have decreasing marginal impact on human development.
Design/methodology/approach
Panel approach.
Findings
The result reveals that expenditure on education, health, agriculture, rural development and water resources has positive marginal impact on human development.
Originality/value
A panel approach is used to investigate whether expenditure on education, health, agriculture, rural development and water resources has positive marginal impact on human development.
Details
Keywords
Richardson Kojo Edeme and Chigozie Nelson Nkalu
In addition to their effects on economic growth, prolonged terrorist activities can reduce government revenue. Apart from the destruction of physical infrastructure and human…
Abstract
In addition to their effects on economic growth, prolonged terrorist activities can reduce government revenue. Apart from the destruction of physical infrastructure and human capital, terrorism also has lagged-effect on investment, which ultimately dampens the fiscal position and further affects the economic growth. This chapter is devoted to the discussion on the interaction between terrorism, growth, and fiscal variables in Nigeria using real per capita income, government revenue, government expenditure and defense expenditure. The findings show that terrorism is associated with low economic growth which has the potency to reduce government expenditure. It was also observed that government expenditure can be improved by fostering government revenue. In view of this, apart from domestic efforts, interventions of international communities are further needed to reduce the drastic effects of terrorism, especially in meeting and improving expenditure on growth-enhancing sectors.
Details
Keywords
Richardson Kojo Edeme, Ebikabowei Biedomo Aduku, Nwokoye Ebele Stella and Chigozie Nelson Nkalu
Taking global economic integration into consideration, this study investigates the effects of the imposition of the tariff. For every tariff increase, a percentage of the trade…
Abstract
Taking global economic integration into consideration, this study investigates the effects of the imposition of the tariff. For every tariff increase, a percentage of the trade volume is reduced. This means, there is a tradeoff between globalization and restricted trade. This chapter presents empirical evidence from the European Union and the Sub-Saharan Africa region using annual times series for the period, 1980–2019. Result indicates that with coefficient of 4.31 percent, the tradeoff in European Union is higher than Sub-Saharan Africa region with coefficient of 2.66 percent. Implied is that developing countries are more likely to suffer more from the negative effect of globalization due to trade restrictions than the developed countries of the world. This is an indication that whether in developed or developing countries, a tradeoff exists between globalization and restricted trade. Hence, the imposition of tariffs and counter-tariffs is capable of shutting down globalization.
Details