Tag Archives: Economic growth

THE INFLUENCE OF COUNSELING ON POPULATION AND ECONOMIC GROWTH IN NIGERIA. (Published)

This present situation Nigeria posse’s serious threats and challenges to both government and well meaning citizens. The problems facing the country centre on high population rate without corresponding increase in resources. In developed countries the ratio of population go’s together with the economic resources. Situations were population rate is higher than the economic resources then there is an economic crisis. It is in the light of above, that this paper examines the influence of counseling on population and economic growth Nigeria with the view of addressing it. Certain counseling issues like family planning should be adopted so as to minimums the number of children’s like three (3) and a maximum of four (4).With this we, are sure that the problem will be solve. The paper adopts Adam Smith and Simon theory of growth as it theoretical framework of analysis.  

Keywords: Counseling, Economic growth, Influence, Population

FINANCIAL INTERMEDIATION, INSTITUTIONAL QUALITY AND ECONOMIC GROWTH: THE CASE OF TUNISIA (Published)

The objective of our work is to show the importance of a healthy institutional framework in the finance-growth relation. In this context, we start by presenting, a theoretical lighting on this subject while trying to define the concept of the governorship and to determine its various measurements. Then, we empirically test a model of growth of Solow increased by the human capital to treating the relation between financial intermediation, institutions and economic growth. The various estimates were made by Vector Autoregressive Method over the period of 1980 to 2011 for Tunisia. Following these estimates, it seems that the quality of the institutions is regarded as an important factor which must not be neglected in the study of the relation between the financial sphere and the real sphere

Keywords: Economic growth, Financial intermediation, Governance, Vector Auto Regressive (VAR)

PETROLEUM PROFIT TAX AND ECONOMIC GROWTH IN NIGERIA (Published)

The fundamental objective of this study was to investigate the relationship between Petroleum Profits tax and economic growth in Nigeria, against the backdrop of the monumental losses from tax evasion and avoidance in the petroleum upstream sector. The study spanned a period of 32 years from 1980 to 2011. Annual time series taxation and macroeconomic data were collected from the Federal Inland Revenue Service, Central Bank of Nigeria Statistical Bulletin and Federal Office of Statistics. A combination of co-integration and error correction estimation techniques were employed in the study. In addition, we ran a couple of diagnostic tests to check the adequacy of the specified model. As expected, Petroleum Profits tax was found to have a statistically significant positive relationship with real GDP growth rate having reported a positive coefficient of (4.64) and a robust t-value of (2.30). Total direct tax, with a positive coefficient of (4.19), and a t-value of (2.48), was also found to have positive impact on economic growth in Nigeria. Openness was found to have a negative and insignificant impact on economic growth having reported a negative coefficient of (-0.01), and t-value of (-0.15). Against the backdrop of the findings, we recommended that all companies in the petroleum upstream sector should be listed in the Nigeria Stock Exchange for transparency of transactions and accountability which would eventually translate rate increased revenue

Keywords: Co-integration, Economic growth, Openness, Petroleum profits tax, Resource rent rate, Stationarity, Total direct tax

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