https://journaljemt.com/index.php/JEMT/issue/feed Journal of Economics, Management and Trade 2020-09-28T10:15:24+00:00 Journal of Economics, Management and Trade contact@journaljemt.com Open Journal Systems <p><strong>Journal of Economics, Management and Trade (ISSN:&nbsp;2456-9216)</strong> publishes manuscripts with valuable insight to research, ideas and strategies of economics, management and trade. The journal also encourages the submission of useful reports of negative results. This is a quality controlled, OPEN peer reviewed, open access INTERNATIONAL journal. This journal aims to publish high quality papers (<a href="/index.php/JEMT/general-guideline-for-authors">Click here for Types of paper</a>) in all below mentioned areas.</p> https://journaljemt.com/index.php/JEMT/article/view/30268 Economic Globalisation and Economic Growth Dynamics in Nigeria 2020-09-28T10:15:24+00:00 Nwofia, Chibueze Chinedu chinedunwofia2@gmail.com Aworinde, Olalekan <p>Globalisation has been a topical issue both in the industrialized and developing nations of the world, this is not unconnected with the impacts it had on the attainment of macroeconomic objectives of these nations. This connotes that globalisation is crucial because it is typically affected by exogenous shocks such as political regime shifts, international conflicts or trade liberalization and unexpected changes to business condition. It is on this premise that the study examined the impact of globalisation on economic growth in Nigeria. This study adopted ex post facto research design. The data were obtained from the KOF globalisation index of Swiss economic institute and World development Indicator of World Bank for the period 1970-2017 for Nigeria representing a total of forty-eight observations. The documents were already exposed to the scrutiny of the appropriate regulatory agencies and the data were analyzed using descriptive and inferential statistics employing the time series techniques of asymmetric co-integration. The study found that economic globalisation had long-run asymmetric cointegrating effect on economic growth in Nigeria (ɸ = 11.965, R<sup>2 </sup>=0.24, KOFECGI = 1.657, t- Stat = (46) = 3.784, p&lt;0.05). The study further recommends that government policy should be designed in such way that it reduce overdependence on the highly industrialized economy, so as to avoid international shocks that might affect the economy negatively.</p> 2020-09-18T00:00:00+00:00 ##submission.copyrightStatement## https://journaljemt.com/index.php/JEMT/article/view/30270 The Effect of Private Investment on Public Expenditure in the CFA Franc Zone 2020-09-28T10:15:21+00:00 Emmanuel Blaise Efon Ngouo efon.emmanuel@yahoo.com Luc Nembot Ndeffo <p>This paper investigates the effect of private investment on public expenditure in the CFA franc zone during the period 1980-2015. To attain this objective, the methodology adopted is the system Generalized Method of Moments (GMM). The result shows a positive and significant effect of private investment on public expenditure. This result thus justifies that private investment is an important source of increase in public expenditure. This result implies that public policies for improving private investment should be promoted: improving the business climate, improving the quality of institutions, ameliorate political environment, fight against terrorism ravaging part of Africa including Mali.</p> 2020-09-23T00:00:00+00:00 ##submission.copyrightStatement## https://journaljemt.com/index.php/JEMT/article/view/30271 The Impact of Exchange Rate on Bangladesh’s Export: A Cointegration Approach 2020-09-28T10:15:19+00:00 Takrima Sayeda takrimasayeda@du.ac.bd <p>The purpose of the paper is to see if there is any relationship exist between free floating exchange rate and export performance of Bangladesh. It inspects the monthly data of exchange rate and export value for the time period between year 2000 and 2017. It utilized the Johansen [1] cointegration approach to identify the extent of long run and short run relationship between them. The study could not establish neither any long term trend nor any short term dynamics between the variables. Respective variables are significantly related to their own immediate past values. Distant past values do not have any implications. This study suggests that short run macroeconomic policy would be beneficial to influence the foreign exchange market and eventually the performance of export of Bangladesh.</p> 2020-09-23T00:00:00+00:00 ##submission.copyrightStatement## https://journaljemt.com/index.php/JEMT/article/view/30269 The Effect of Private Investment on Real Interest Rate in CFA Franc Zone 2020-09-28T10:15:22+00:00 Emmanuel Blaise Efon Ngouo efon.emmanuel@yahoo.com Luc Nembot Ndeffo <p>This paper investigates the effect of private investment on real interest rate in CFA franc zone during the period 1980-2015. To attain this objective, the methodology adopted is the system Generalized Method of Moments (GMM). The result shows a negative and significant effect of private investment on real interest rate. In view of the result obtained, we suggest that African countries in the franc zone should vigorously pursue the establishment of favorable conditions for the development of private sector. Public policies for improving private investment should be promoted: improving the business climate, ameliorate political environment, fight against terrorism ravaging part of Africa including Mali.</p> 2020-09-23T00:00:00+00:00 ##submission.copyrightStatement## https://journaljemt.com/index.php/JEMT/article/view/30273 The Influence of Tax Education on Obeying Tax Liability: A Statistical Methods and Results 2020-09-28T09:34:16+00:00 Tizazu Toma Shamana tizazutoma36@yahoo.com Woldeselassie Azige Alito <p><strong>Backgrounds:</strong> In Ethiopia, taxpayers are categorized as small, medium or large depending on their business turnover or levels of income. Irrespective of one's category, taxpayers in Ethiopia, particularly Wolaita Sodo town are required to comply with VAT, TOT, Income Tax, Withholding Taxes and Customs duties in equal measure. Taxpayers will readily accept any new system introduced if they have ample knowledge to understand the system. Thus, education programs organized by custom and duty authority or public education institutions are required to enhance taxpayers' ability to understand the importance of tax on country's economic development and to increase their confidence in fulfilling their responsibilities as taxpayers. By considering the above issues, the researcher interested to investigate the influence of tax education on tax compliance attitude of taxpayers by conducting an experiment on the taxpayer in Wolaita Sodo town. The general objective of the study was to investigate the influence of tax education on tax compliance in Wolaita Sodo town.</p> <p><strong>Methods:</strong> The target population for the survey study was actual taxpayers who are subject for business income tax. Only unincorporated business taxpayers in Wolaiata Sodo town are used as participants in the survey study. The target total population is 11,278 business income taxpayers as of July 2017 which is categorized under A, B and C. Only 160 taxpayers were selected by using simple random sampling from Wolaiata Sodo town. Questions regarding employment income, business income, turn over tax, and excise and value-added taxes are asked. Respondents are also asked to state whether the direct cost of producing the income, such as the direct cost of manufacturing, purchasing and selling costs shall be deductible from gross income in calculating taxable business income. Before and after the experiment (tax education) respondents were asked to check whether they know basic taxation rules. And their marks scored for the 7 basic questions after and before tax education out of 50 marks are recorded.</p> <p><strong>Results:</strong> Majority of the respondents after attending the tax course scored high value regarding the tax knowledge. There is a great difference between the tax compliance attitude of these respondents before and after attending the tax course. Before attending the tax course, majority of respondents showed the plan of not complying with tax laws. But after attending the tax course, the majority of the respondents proves the identification of taxable and non-taxable income types. Generally, it resulted that the tax knowledge of respondents is improved after attending the tax course.</p> 2020-09-28T00:00:00+00:00 ##submission.copyrightStatement##