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 3 Issue 12 (2020)

Empirical Analysis of the Environmental Kuznets Curve for Co2 Emissions in Nigeria: The Role of Industrialization and Urbanization

Authors : Emmanuel O. Okon
DOI : doi.org/10.47752/sjef.312.265.272
Abstract:
The proposed inverted U-type relationship between environmental degradation and per capita income under EKC hypothesis has been examined in this paper for Nigeria over the period 1970-2019. Using the ARDL bounds testing approach to cointegration and ECM (OLS Approach), the EKC hypothesis does not seem to hold both in short-run and long-run. The estimated coefficients of the long-run relationship shows that LOGCO2(-1) is the only statistically significant variable explaining environmental degradation while the short run results indicate that D(LOGCO2(-1)) is the most significant variable in explaining environmental degradation in Nigeria followed by D(LOGIND(-1)).

Pages: 265-272

Auto-Regressive Distributed Lag Approach of Financial Intermediation of Commercial Banks and Risk in Nigeria

Authors : Dr. IYO Ipeghan ; Dr. EKPETE Marshall Simon ; EKPETE Kinsley Simon
DOI : doi.org/10.47752/sjef.312.246.264
Abstract:
This study empirically examines the relationship between financial intermediation of commercial banks and risk in Nigeria spanning from 2007-2019 and utilizing the auto-regressive distributed lag (ARDL) approach to co-integration and Granger causality analysis. The result of the ARDL bounds test reveals a stable long run relationship between the dependent and independent variables with greater bound value of 16.02. The ARDL results also reveal the presence of short and long run positive and significant relationship between loans and advances and risk factors. The finding of the Granger causality reveals bidirectional causality between loans and advances and risk factors. The study recommends that commercial banks should continue their short term lending of credit for investment as default has been drastically reduced in lending to customers.

Pages: 246-264

Digital Economy and Communication Technologies: Methods and Mechanisms of Promotion Through E-Commerce and E-Marketing

Authors : Foued Sabbagh
DOI : doi.org/10.47752/sjef.312.234.245
Abstract:
This paper focuses on the methods and the mechanisms of E-commerce and E-marketing, and the important role of international electronic companies in this vital and digital field. The spreaders of the digital economy and the techniques of information and communication technology are deployed with applications of E-commerce and E-marketing. Thus, the digital globalization opens the horizon of technological development and accelerates the growth of the use of modern techniques through the innovation of the digital economy in our daily lives. In addition, the modernization of companies in the field of E-marketing and E-commerce has a direct impact on the strategic relationship between internet users, information, technology and business. In this sense, my theoretical study determines methods and mechanisms of promotion through E-commerce and E-marketing during the revolution of the digital economy and the technologies of modern and social communication.

Pages: 234-245

Upshot of Foreign Capital Flows on Real Sector Growth in Nigeria

Authors : Cyprian Clement Abur
DOI : doi.org/10.47752/sjef.312.224.233
Abstract:
This study examines the upshot of foreign capital inflows on real sector growth in Nigeria from 1986 to 2019. The study sets out to achieve the effect of foreign direct investment (FDI), foreign portfolio investment (FPI), and official development assistance (ODA) on real sector growth in Nigeria. The study employed the SVAR model to achieve the study objective and the data sets used for this study were secondary sources. The study found that the inflows of FDI and ODA influence the industrial sector output significantly than the agricultural sector, thereby making the sector unattractive to foreign investors. The study concludes that inflows of foreign direct investment and official development assistance exert influence on industrial sector output than the agricultural sector. The study recommends that policymakers must develop policies that are foreign agricultural capital friendly to attract more foreign capital to the agricultural sector for the growth of economic activities in the industry.

Pages: 224-233

Socio-Economic Characteristics and Marriage Decisions of Chadian Households

Authors : Jean-Claude Kouladoum ; Ibrahim Ngouhouo
DOI : doi.org/10.47752/sjef.312.218.223
Abstract:
The main objective of this paper is to evaluate the effect of the socio-economic characteristics of men and women on the marriage decision in Chad. The methodology used refers to the Ordinary Least Squares (OLS). The data used come from the Demographic and Health Multiple Indicator Survey in Chad (EDS-MICS, 2014-2015) and the Third Survey on Consumption and the Informal Sector in Chad (ECOSIT3, 2011). Results show that, firstly, with regard to the marriage decision of men, their socioeconomic category and the age of women enhance their decision to marry; while the absence of education of man significantly delays his marriage decision. Secondly, about the marriage decision of women, their socioeconomic category (including agricultural, non-farm, and private sectors) and the age of men significantly improve the marriage decision. In addition, the lack of education of man and the socio-professional category of father of woman (senior-middle manager) delays the marriage decision of woman. Moreover, the level of education of woman (higher level) significantly delays the marriage decision.  that the Chadian government develop educational and employment policies for all to improve the accumulation and enhancement of human capital.

Pages: 218-223