The effectiveness of tax in inducing economic growth in Sub-Saharan Africa (SSA)
countries remained unclear. Countries with comparable chequered economic growth
rates had varying levels of Tax-to-GDP Ratios (TGDPRs). ...
Labour productivity growth remains an engine of output growth as it increases a
country’s capacity to create better opportunities for decent and productive employment.
However, the link among these macroeconomic variables ...
Fiscal Discipline (FD) is the ability of government to efficiently maintain smooth and long-term financial operations in relation to total revenue, financial balance, public debt and total spending. The growing fiscal ...
Households experiencing health shocks (HS-death and disability) are at the risk of incurring
substantial health expenditure as they seek treatment and experience loss of productive work
hours, earnings, and declines ...
The relationship between fertility, child mortality and maternal labour participation remains inconclusive because of the interrelationship among them and also consequences of health, productivity on welfare of individuals ...
The efficiency of commercial bank lending decision often depends on the quality of information with which the loan consideration is made. Information asymmetry inhibits banks from accurately predicting the quality of ...
The real gross domestic product (RGDP) of Economic Community of West African States (ECOWAS) is characterised by inconsistent growth rate, averaging -0.74%, 6.23%, 2.07% and 6.91% in 1978, 1988, 2002, and 2012, respectively. ...
The primary motive of a minimum wage policy is to provide a wage floor for low income earners and improve their welfare. In Nigeria, real minimum wage declined by 83.0% between 1974 and 2010, thus lowering the welfare of ...
Foreign Portfolio Investment (FPI) is a major source of liquidity to domestic firms. However, foreign exchange-risk makes returns to foreign investors uncertain thereby discouraging FPI. This uncertainty is more pronounced ...
West Africa’s supply of 70% of world cocoa output generates 2 billion US dollars annually and contributes substantially to the economic development of the region. Climate change has led to new patterns of temperature and ...
There is a theoretical link between health expenditure and health outcomes (life expectancy at birth, infant and under-five mortality rates). Public health expenditure is low in Sub-Saharan Africa (SSA), with an average ...
Corporate governance (CG) safeguards shareholders’ portfolios and ensures optimal returns in terms of dividend payouts (DPs) on investment. The association between CG and DPs could be significant in relation to risk ...
Healthcare seeking behaviour among household members often depends on the decision-making structure and headship of the household. In Nigeria, the male is assumed to be de-facto head who takes daily socio-economic household ...
International reserves of West African countries rose sharply by 84.3% between 1991 and 2001 and 287.1% between 2001 and 2011. However, due to high macroeconomic instability in the form of persistent asymmetric shocks, ...
The average international tourists arrival per thousand populations for the period 2000 to 2009 was 7 in Nigeria compared to 22 in Ghana. The major sources of these receipts were business tourists from France, United Kingdom ...
Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome (HIV/AIDS) affects the most productive age group (PAG) in society. The disease hits hardest in sub-Saharan Africa. As at 2012, the prevalence among PAG in ...
Fiscal non-sustainability which has remained a major challenge in Ghana in the last three decades was precipitated by the uncontrolled procurement of external loans and aid as well as the consequent debt overhang problem. ...
Nigeria’s fiscal deficits have persistently exceeded the conventional benchmark of 5.0% as a proportion of Gross Domestic Product (GDP) when it averaged 9.8% per annum between 1970 and 2008. Over the same period, the mean ...
Urban population growth exerts pressure on energy demand resulting in inefficient supply. This consequently leads to increase in prices of energy sources. The literature on the determinants of urban household energy use ...
Equity investors operate under conditions of uncertainty with the associated risk of Share Price Dispersion (SPD). This risk, being the difference between market Share Price (SP) and its estimated Intrinsic Value (INTV), ...