importance of energy to economic growth in nigeria

... engine of growth, en-abling latecomers to development to leapfrog the traditional manufacturing route Services are becoming a dominant driver of economic growth, both in developed and devel-oping ... Hence, increasing services export sophistication may be an additional channel for sustained high growth in Nigeria In view of the changes in the nature of vices and its growing importance in the growth ... Indian economy They identified the sources of service sector growth in India to be: income elasticity of demand, open policies and the growth in the service sectors like com-munications, business,

Ngày tải lên: 16/01/2020, 11:41

... contrary to economic expectation, economic growth is not responding rapidly to the dynamics of energy consumption in Nigeria This finding is quite interesting bearing in mind the results of the ... growth Both panels indicate that increase in energy consumption is important towards increased economic growth in Nigeria This finding is particularly interesting Table 2: Nonlinear ARDL estimation ... trajectories of the causal relationship: economic growth-energy (consumption) (GDP→Energy), denoting that causality moves from economic growth to energy, that is, economic growth increases energy usage

Ngày tải lên: 15/05/2020, 02:00

... is to collect information for evaluating effects of FDI firms in the region to its economic growth Subjects for interview included Committees and Councils Leaders, Department of Planning and Investment, ... recommendations for promoting FDI’s roles to economic growth in this region The rationales mentioned above are my motivations to choose the topic: “Research on effects of FDI to economic growth in Central Vietnam ... channel of investment, specifying as follows: Firstly, recognize the important roles of FDI to economic growth in CVKER; Trang 8Secondly, adopt new approach in planning and implementing foreign investment

Ngày tải lên: 24/10/2017, 21:14

... caculated in nominal denomination, which includes inflation, or in real denomination, which is adjusted inflation Theories of economic growth Despite the absence of a dominant theory, almost all economic ... of schooling in the total residents over the age of twenty five from 1970 to 1985 INSTAB : Measure of political instability IY : Ratio of private investment to GDP POPG : Rate of population of ... related to economic growth and corruption Definition of economic growth Economic growth is an expansion in productive capacity of commodities and services, and average national income level in a

Ngày tải lên: 29/11/2018, 23:52

... integration, through more opening up of trade with China, expanding bilateral links with the US, accessing the WTO in 2007, and signing the TPP in 2015 In addition to a more Trang 3open trade policy, ... 56.69 in 2014 Due to the increasing trend of globalization, finding the effect of globalization on economic growth is most important However, the relationship between globalization and economic growth ... knowledge of the effect of global-ization on economic growth in Vietnam is still scarce This study tries to fill this gap by exam-ining the effect of globalization on economic growth in Vietnam

Ngày tải lên: 16/01/2020, 11:21

... share of inequality of opportunity (i.e., the proportion of inequality of opportunity in total inequality) This paper studies the effect of the interstate variation in share of inequality of opportunity ... Inequality of opportunity refers to the inability of an individual in achieving an economic outcome due to the lack of opportunities And these opportunities are missing because of characteristics of individuals ... this latter group of individuals is often poorer than those of the first group of individuals Initial income distribution plays a role in determining the growth trajectory of the economy Chiu

Ngày tải lên: 28/01/2021, 20:27

... started to have positive changes in the second half of 2020 that prominent businesses gain profit back First of all to mention is Formosa Ha Tinh Steel Corporation The company's total sales in the ... penetrating strongly into the Vietnamese market CHAPTER 2: THE VIETNAMESE STEEL INDUSTRY’S GROWTH 2.1 Value Chain Analysis The typical value chain in steel industry includes the production of hot ... move to invest in HRC production plants, the reason why investing in this industry requires large capital investment and high-tech workforce Investment capital in a hot rolled steel factory with

Ngày tải lên: 18/04/2022, 16:57

... spending The findings indicate a significant coefficient of -0.295, at a 1% level, suggesting that a 1-unit decrease in the corruption index could lead to an increase in GDP growth rate.The findings ... finding partners and gathering information, negotiating terms, and ensuring compliance with contract conditions In cases of corrupt agreements, these costs often remain hidden, leading to the involvement ... words, an increase in CPI is associated with higher economic growth, and contrast.The findings indicate a positive relationship between investment and economic growth, with a 1% increase in gross

Ngày tải lên: 21/10/2022, 23:06

... highercorruptionperceptionindex(CPI)reflectslowerlevelofcorruption.I notherwords,anincreaseinCPIisassociated withhighereconomicgrowth,andc o n t r a s t AccordingtotheresultsinTable8,theeffectofinvestmentongrowthispositive.T ... on the main drivers of growth, as numerous factors influence economic development Two prominent growth theories—the neoclassical growth theory by Solow, emphasizing the importance of investment ... levelofcorruptionisconsiderablydifferentbefore,duringandafterthep eriodo f economicdeficiency.Withinthescopeofthisresearch,thecoefficientofinv estmentandcorruptioninModel2isprovedtobeinsignificantandthetrendofitsgrowth iserraticfrom1996to2014.Finally,thisstudyonlyfocusesononewayrelationofhowcorruptioncouldimpactt

Ngày tải lên: 22/10/2022, 11:07

... Khanh Hoa's economic growth to fulfill the goal of turning the province into a fairly developed economy in Vietnam In order to do this, it is necessary to conduct research on this topic to draw out ... restructuring of the province Accordingly, focus on: Exports restructuring associated with economic restructuring, especially in the service - tourism sector of the province, from raw exports to exporting ... different approaches to examine the role of exports in poverty reduction, thereby helping to distribute the Trang 9results of economic growth to society, minimizing the negative side of the process

Ngày tải lên: 31/12/2022, 05:56

... Khanh Hoa's economic growth to fulfill the goal of turning the province into a fairly developed economy in Vietnam In order to do this, it is necessary to conduct research on this topic to draw out ... restructuring of the province Accordingly, focus on: Exports restructuring associated with economic restructuring, especially in the service - tourism sector of the province, from raw exports to exporting ... different approaches to examine the role of exports in poverty reduction, thereby helping to distribute the Trang 9results of economic growth to society, minimizing the negative side of the process

Ngày tải lên: 05/04/2023, 18:37

... started to have positive changes in the second half of 2020 that prominent businesses gain profit back First of all to mention is Formosa Ha Tinh Steel Corporation The company's total sales in the ... stagnation of manufacturing industries Trang 6using steel for construction industry, infrastructure, automobiles, motorbikes and competitive pressure from increasing domestic supply However, in 2020, ... move to invest in HRC production plants, the reason why investing in this industry requires large capital investment and high-tech workforce Investment capital in a hot rolled steel factory with

Ngày tải lên: 08/08/2024, 21:53

... the Tobin effect (Tobin, 1965) argues that inflation encourages individuals to shift cash holdings into more profitable assets, thereby increasing capital in the economy and fostering economic growth ... investment decisions High inflation rates lead to increased volatility, sending mixed signals to economic agents and causing a decline in investment, which can result in economic stagnation (Chowdhury, ... investment by reducing incentives to work and save, which can slow economic growth as businesses become less willing to invest in new capital and individuals are less likely to save for retirement

Ngày tải lên: 14/03/2025, 15:11

... and rate of returns to education The time and money spent in formal schooling, on-the job-training and off-the-job training are the main investments in education These investments involve direct ... capital spending on human capital and economic growth But both of them didn’t show the separate impact of the health and education sector on economic growth In addition Tofik failed to incorporate ... expenditures, foregone earnings during schooling, and reduced wages during training that are incurred in order to gain a return on this investment in the future Becker (1993) in his book entitled “Human

Ngày tải lên: 12/12/2016, 20:32

... of debt securities in order to finance expenditures that are in excess of income This method of financing can also be seen as non-banking public source of financing Generally, deficit financing ... international trade and international finance) for gauging the amount of stability Maintaining economic stability is partly a matter of avoiding economic and financial crises, low savings in economic activities, ... deficit financing through External Source of Deficit Financing (EXF) and Non-banking Public Source of Deficit Financing (NBPF) will maintain economic stability while government deficit financing through

Ngày tải lên: 01/02/2020, 21:44

... growing, bot total output and total income are increasing Since most of usprefer more to less, growth is easy to take Growth economics is about how to increasethe economic full-employment GDP ... second.Economic growth by either definition is usually calculated in term of annualpercentage rates of growth.1.2.2 The importance of GDP growth rate The growth of total output relative to population ... down economic growth and inflation inflated in many countries Trang 12In that cycle appears in Vietnam vortex "low growth - inflation high" Due to policyexpectations too level of high growth

Ngày tải lên: 22/06/2020, 21:31

... spending and investment to enhance economic growth.Examining the link between public debt and economic growth in ASEAN countries reveals distinct strategies for utilizing public debt to foster economic ... failing to effectively boost economic growth In contrast, a moderate increase in inflation (INF) during this period positively influenced economic growth, as it reduced the real value of debt in ... public debt and economic growth inOverview of the impact of public debt on economic growth in ASEANin the period from 2001 to 2023 ASEAN countries can be categorized into three main groups based

Ngày tải lên: 05/12/2024, 13:37

... or not maintained at all during the conflict. In deciding which infrastructure to rebuild, donors and governments need to take into account not only the infrastructure’s contribution to the resumption ... PART OF THE SOLUTION e purpose of economic growth programming in post-conflict countries is both to reduce the risk of a return to conflict and to accelerate the improvement of well-being ... and trade-offs in specific sectors. 33 A GUIDE TO ECONOMIC GROWTH IN POST-CONFLICT COUNTRIES market’s efficiency. In post-conflict settings, however, given the urgency of responding to the pressures...

Ngày tải lên: 23/03/2014, 20:20

... financial sector in an economy can be important in determining the average productivity of capital, itself being one of the main channels of economic growth. The screening and monitoring of investment ... particularly in developing countries, erodes policy autonomy, and, in the case of a fixed exchange rate policy, it forces monetary authorities to maintain high interest rates to sustain investor confidence ... not only by raising the saving rate but also by raising the amount of saving funneled to investment and/or 16 source of macroeconomic instability in that stock market financial assets...

Ngày tải lên: 24/10/2012, 08:50

... be working and earning. As population aging escalates in China, willing workers of both sexes can be brought into or back into employment to ameliorate any emerging shortages of workers in the ... attainment in India trail far behind the progress in China. India’s mortality rates remain much higher than China’s. Though the sex ratio at birth is much more distorted in China than India, ... share of older people, the overall savings rate will tend to decline. With less savings available for investment, economic growth will tend to decline. These factors, taken together and in the...

Ngày tải lên: 13/02/2014, 18:20