Sumerianz Journal of Economics and Finance

    
Online ISSN: 2617-6947
Print ISSN: 2617-7641

Quarterly Published (4 Issues Per Year)

Journal Website: https://www.sumerianz.com/?ic=journal-home&journal=26

Archive

Volume 1 Issue 2 (2018)

Consumer Model of Economic Development

Authors : Sergey A. Surkov ; Ellen G. Trofimova
Abstract:
The basic laws of the society development according to the consumer model were considered. Expressions for GDP per capita for various countries and for the whole world, in general, were received. The values calculated on these regularities were compared to real data, and good compliance was obtained between them. In addition, expressions have been derived for levels of overproduction, on the basis of which a conclusion is made about the approaching crisis.

Pages: 64-73

Special Economic Zone Model for Sustainable Development

Authors : Dr. Nidheesh K. B.
Abstract:
Special Economic Zone would be schemes to address infrastructure deficiencies, procedures and bureaucratic hassles as well as glut legal protectionist measures raised by monetary, labor policies, trade, fiscal, and taxation and tariff policies for the economic development of the nation. For the development and promotion of special economic zone in India various incentives offered by both central and state government. Working of special economic zones is not free from various obstacles. To resolve those issues researcher proposed a special economic zone model for sustainable development.

Pages: 60-63

Accounting Ethics and Professionalism on Fraud Management: Nigerian Experience

Authors : Abiola Idowu ; Adedokun Taiwo O.
Abstract:
This paper examined effects of Accounting Ethics and professionalism on fraud management in some selected Nigerian Deposit Money Banks. The relationship between ethical standards and fraud management were evaluated and the relationship between professional standards and fraud management were also critically examined. Data were analyzed using both descriptive such as tables, frequency distribution and percentages, and inferential statistical tool such as Multiple Regression Analysis (MRA). It can be deduced that variables such as Integrity (Int) and Honesty (Hon) indicated with 0.0028*, Behaviour (Be) with Honesty (Hon) 0.00325*, competence (Com) with Honesty (Hon) 0.003** and Behaviour (Be) indicated with 0.233*. Had significant effects on fraud management. Furthermore, the correlation coefficient between (EP/ICT), (ETSa) and Competence (Com) indicated with 0.0123* showed that accounting ethics and professionalism assist fraud management in NDMBs to some extent. Accepted because of the p – value (0.0000***) (3 asterisks) of alternative hypothesis which is less than 0.05 and rejected the null hypothesis. Likewise, correlation relationship between Educational qualification (Eq) Family background (Fb) Age (Ag) and Marital Status (Ms) with values 0.0542, 0.0451, 0.0641, professional qualification (Pq) with Fb, Ag, Ms and Eq with values 0.0347, 0.02110, 0.0112 and 0.0432  with p- values (0.0000) depicts level of intelligence that workers take advantage of to committing fraud. The amount of fraudulent crimes are much higher with employees or workers who had received good education which implies, the higher the level of education, the higher the numbers of fraud. Workers with intelligent quotient (IQ) always tamper, challenge and try to hack into the internal control structure and security system of the companies. Alternative hypothesis was accepted and rejected null hypothesis.

Pages: 49-59

Testing the Relationships Among Environmental Pollution, Electricity Consumption, Economic Growth: The Empirical Evidence from Turkey

Authors : Serpil Türkyilmaz
Abstract:
This study examines the long-term cointegration and causality relationships between economic growth, carbon emission (CO2), electricity consumption, and the industrial production index for the period from 1980 to 2011 in Turkey. Accordingly, the Johansen Cointegration Test and VECM Granger Causality Test have been used. Empirical analysis shows a long-term cointegration relationship between all variables. According to the findings of Granger Causality Analysis, there is unidirectional the Granger Causality relationship from economic growth to electricity consumption. Furthermore, the findings show unidirectional causality from CO2 emissions, electricity consumption, and economic growth to the industrial production index.

Pages: 44-48

Impact of Improved Ginger Technologies on the Income of Cooperative Farmers in Southern Kaduna, Kaduna State, Nigeria

Authors : Anigbogu Theresa Ukamaka ; Umezinwa, Franca Ndidiamaka ; Okoli, Ikechukwu Moses
Abstract:
This study examined the impact of improved ginger technologies on the income of cooperative farmers in Southern Kaduna, Kaduna State. The study study specifically investigated the effect of Credit, agrochemicals, extension programmes, mechanization of ginger production and farmers’ access to ginger seedling on the income of the farmers. The population of this study was made up of 3020 members of cooperative societies in the area of study. A sample of 353 was determined for the study out of a population 3020. A structured questionnaire was administered to 353 respondents only 301 responded to the questionnaire. The data collected using the questionnaire was analysed using descriptive statistics like frequency and percentages and also inferential statistics such as regression analysis and t-test statistics. All analysis was conducted using SPSS version 23. Findings revealed that all the five coefficients (Credit, agrochemicals, extension programmes, mechanization of ginger production and farmers’ access to ginger seedling) have significant influence on the income of the farmers. The study also found that the joint effect of the explanatory variables- independent variables- in the model account for 0.860 or 86.0% of the variations in the impact of improved ginger technologies on the income of cooperative farmers. Based on the findings of this study, the following recommendations are made: With respect to credit, the study recommends that there is need for the development of supervised agricultural credit scheme by the ministry of agriculture that will ensure consistent availability of credit for ginger production. The farmers need to sustain the adequate use of agrochemicals to ensure increase production and productivity. The ministry of agriculture should carryout regular extension programme to the farmers to ensure adequate diffusion of modern ginger technologies by the farmers. With respect to mechanization of ginger production, there is need for the government to partner with the farmers to ensure full mechanization of ginger production in the area. There is need for adequate farmers’ access to ginger seedlings by the ministry regulating agricultural production in the state. This will help to enhance sales performance and improve quality and market share of private labels.

Pages: 37-43