The Determinants of the Financial Performance of a Public Transport Enterprise: The Case of the Nigerian Railway Corporation, 1960-1991

Anyanwu, John C.

doi:10.36108/ssan/7991.09.0130

Cited by 14 publications

(19 citation statements)

References 7 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This signifies that women health is a significant factor determining the level which they contribute to RGDP. The observation is similar with the findings of Anyanwu et al (1998) and Cooray and Mallick (2011).…”

Section: Presentation and Discussion Of Resultssupporting

confidence: 92%

“…This indicates that an additional year of female secondary school education brings about on the average 61.8% increase in Nigeria RGDP. This result is similar to the findings of Okojie (1995), Anyanwu et al (1998). The first and second lags of this variable had no significant impact on RGDP.…”

Section: Presentation and Discussion Of Resultssupporting

confidence: 90%

“…Just like the work of Okojie (1995), Anyanwu et al (1998) Tertiary Education Enrolment for Female (TEF) had a positive significant effect on RGDP at all selected years. This conforms to a priori expectation, since the more women enrol in tertiary education, the more positively they contribute to RGDP.…”

Section: Presentation and Discussion Of Resultsmentioning

confidence: 97%

See 2 more Smart Citations

Underscoring the Relationship Between Education for Women and National Development in Nigeria

Obiageli

Nonso²,

Chikodili

et al. 2022

SAGE Open

View full text Add to dashboard Cite

This study assessed the impact of education for women at all levels (primary, secondary, and tertiary) on economic development and child welfare in Nigeria. The choice of these two domains was to give a thorough assessment economic impact of women’s education. The Augmented Dickey-Fuller (ADF) was used to test for the stationarity of variables. The Autoregressive Distributed Lag (ARDL) bound test with the aid of data obtained from World Bank indicators was employed for the analysis. The analysis revealed that the more women with secondary and tertiary education, the better the economic growth and child welfare in Nigeria. Hence, the paper concluded that the government should make and implement appropriate policies to boost women’s education enrolment at all levels.

show abstract

Section: Presentation and Discussion Of Resultssupporting

confidence: 92%

Section: Presentation and Discussion Of Resultssupporting

confidence: 90%

See 1 more Smart Citation

Underscoring the Relationship Between Education for Women and National Development in Nigeria

Obiageli

Nonso²,

Chikodili

et al. 2022

SAGE Open

View full text Add to dashboard Cite

show abstract

“…Theoretically, the effect of such negative oil price swings comes with painful consequences and affects macroeconomic aggregates, including a fall in government revenue with its attendant effect on government expenditure, reduction in foreign direct investment exacerbating unemployment, reduced foreign exchange and escalates interest rate [20][21][22][23]. This is the same view shared by Anyanwu [24] that any decline in oil prices usually triggers unprecedented crisis of immense dimension in an economy, leaving in its wake, falling external reserves, accumulated foreign and domestic debts, widening of government deficits, emergence of economic recession, rising prices and inflation, unemployment, and persistent balance of payment deficits. Consequently, following the collapse of oil prices during the wake of 2014 to 2016, certain economic aggregates immediately responded to this collapse.…”

Section: Theoretical and Empirical Literaturementioning

confidence: 99%

Macroeconomic Aggregates and Oil Price Vagaries in Nigeria: An Impact Assessment

Onime

2022

SAJSSE

View full text Add to dashboard Cite

This study investigated the impact of negative oil price changes on macroeconomic aggregates in Nigeria from 1981 to 2020 using the autoregressive distributed lagged (ARDL) and the vector error correction models. Evidence from the findings showed that unemployment, foreign direct investment, and real gross domestic product are important determinants of oil price vagaries. In addition, there is empirical support for a positive relationship between oil price and unemployment on the one hand and a negative relationship between oil price and imports, foreign direct investment, and real gross domestic product on the other hand in both the short and long run. This implies that any decline in oil price is associated with a decrease in foreign direct investment and imports, and an increase in unemployment thereby resulting to the worsening of real gross domestic product in Nigeria during the period. In view of the findings, the study recommends a culture of uninterrupted savings of oil proceeds during episodes of oil price boom and by implication boosting of foreign reserves to provide sufficient cover for imports during periods of oil price decrease. In addition to this recommendation is the continuous clamour for a properly diversified economy away from oil dependence. In periods of negative oil price shocks which discourages investment, the government should encourage investors through various incentives such as tax holidays and havens, reduce cost of funds using the appropriate agency of government and ensure the provision of enabling environment and infrastructure (such as power, security, and roads) for investments to strive and improvement in the ease of doing business in the country. This will result in job creation; reduce unemployment and poverty, thereby improving the gross domestic product.

show abstract

“…This definition can be seen as quite parochial in the sense that it does not fit in for taxes like VAT which are not income-based or custom and excise duties which are not chargeable on income. Anyanwu (1997) provided a very broad definition of the concept as he pointed out that taxation can be defined as the withdrawing from the private sector resources which are monetary to the public sector in fulfilment of citizenship obligation. Nwezeaku (2005) followed the same line of reasoning by defining taxation as remittance or payment made by individuals, groups and corporations to the government to enable the latter to provide the needed infrastructure.…”

Section: Conceptual Review On Non-oil Tax Revenuementioning

confidence: 99%

Investigating the Dynamic Nexus between Non-Oil Taxes and Economic Growth in Nigeria: An ARDL Approach

Oghuma

Eluyela

Iyoha

2022

IJEEP

View full text Add to dashboard Cite

This paper examines the dynamic nexus between non-oil taxes and economic growth in Nigeria. The volatile nature of oil prices has threatened the balance and stability of public expenditure and the budgetary system as a tool for stimulating growth in Nigeria, hence the motivation to look into the prospects of the non-oil sector as a driver of growth. Secondary data covering the period 1994-2019 was used for this study. This period is selected to ensure that there are no missing data especially for VAT which began in 1994, therefore, using earlier periods will introduce missing data into the estimation. Standard time series econometric techniques were utilized in the study such as descriptive analysis, unit root testing, co-integration test and granger causality testing. The Autoregressive distributive lag model (ARDL) was then employed in the model estimation. The long-run results show the effect of non-oil taxes on economic growth in Nigeria and observed that the effect of log (VAT) on economic growth is negative. Specifically, the result indicates that an increase in VAT revenue by 1% results in decline in GDP by about 0.21% and the result is significant at 5%. In the case of CED, the result shows that the economic growth is impacted positively. Specifically, a 1% rise in CED revenue stimulates growth by 0.113%, and the result is significant at 10%. Also, the effect of PIT revenue on growth is negative and significant at 5% and specifically, a 1% increase in PIT revenue results in decline in economic growth by 0.599%. The result shows that CIT has a positive impact on economic growth, and it is significant at 5%. This implies that a 1% increase in CIT revenue increases economic growth by 0.5757%. The findings of the above have the following implications. First, the negative effect of PIT and VAT on growth suggests that there is a need for fiscal authorities to re-examine these taxes and hence high VAT and PIT rates may be counter-productive for growth. Secondly, CIT and CED show positive growth effects and hence there is a need for effective and accountable expenditure framework that will ensure optimization of public expenditure in this regards.

show abstract

The Determinants of the Financial Performance of a Public Transport Enterprise: The Case of the Nigerian Railway Corporation, 1960-1991

Cited by 14 publications

References 7 publications

Underscoring the Relationship Between Education for Women and National Development in Nigeria

Underscoring the Relationship Between Education for Women and National Development in Nigeria

Macroeconomic Aggregates and Oil Price Vagaries in Nigeria: An Impact Assessment

Investigating the Dynamic Nexus between Non-Oil Taxes and Economic Growth in Nigeria: An ARDL Approach

Contact Info

Product

Resources

About