Version-1 (May-June 2015)
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| Paper Type | : | Research Paper |
| Title | : | Capital Inflows and Economic Growth A Comperative Study |
| Country | : | Nigeria |
| Authors | : | Chigbu, Ezeji E. (Ph.D) || Austin Ayodele Momodo || Ubah, Chijindu Promise || Chigbu, Uzoamaka S. |
Abstract: This study examines the impact of capital inflows on economic growth of developing* economies; the case of Nigeria Ghana and India from 1986-2012. This is necessitated by the doubts being raised as whether the huge inflows of foreign capita! in developing economies over the years have transmitted to real economic growth. Augmented Dickey Fuller unit root test was employed to evaluate the stationarity of the data, while Johansen Co-integration was used to estimate the long-run equilibrium relationship among the variables. The casual relationship was tested using Granger Causality, and Ordinary Least Square method was used to estimate the model. The finding reveals that capital inflows have significant impact on the economic growth of the three countries.
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| Paper Type | : | Research Paper |
| Title | : | A Study of Short-run Consumption Function and its Modification with Some Special Assumptions |
| Country | : | Bangladesh |
| Authors | : | Md. Rostam Ali || Md. Mostafizur Rahman |
Abstract: Consumption function shows the relationship between a nation's income and consumption and it is imperative in macroeconomics. The present study is causal in nature. The study is based on secondary data sources especially absolute income theory of consumption under the Keynes's short-run consumption function and psychological law of consumption. This paper is an endeavor to study the Keynes's short-run consumption function (SCFk) with some special assumptions that SCFk is misleading to formulate the macroeconomic policies. This study has developed a modified short-run consumption function (SCFm) with some special assumptions. The SCFm shows that total consumption is lower than the total consumption by SCFk. So, the saving derived from SCFm is higher than the saving derived from SCFk. This study constructs that under some special assumption, SCFm helps to calculate the exact amount of consumption, saving, investment to formulate macroeconomic policy (policies) properly which has great impact in macroeconomics. Keywords: Autonomous Consumption, Consumption, Consumption Function, Income, Saving, Short-run
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| Paper Type | : | Research Paper |
| Title | : | Challenges Facing Penetration of New Mobile Money Transfer Services In Nairobi |
| Country | : | Kenya |
| Authors | : | Joseph N. Nyaga || Dr. Kennedy Ogollah |
Abstract: The study sought to explore the challenges mobile network operators face in penetrating the Mobile Money Transfer (MMT) in Kenya which is dominated by one player. The study assumes that there are challenges and constraints that limit the involvement of competitive MMT services which are attributed to the internal and external environment of the Mobile Network Operator (MNO). The study is significant as it seeks to unearth knowledge and provide insight to competing firms to enter into the MMT services market which has been experiencing significant growth over the recent years.
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