Open Access Original Research Article

Economic Analysis of Women Self Help Groups Generating Dairy Activity

K. D. Chopde

Journal of Economics, Management and Trade, Page 1-8
DOI: 10.9734/jemt/2019/v25i530204

In India, the majority of the people live in a rural area and are engaged in agriculture, earning a subsistence wage. Women are a vital part of the Indian economy and employment to build their empowerment. Provision of loans and financial services to the poor is an important aspect of the development agenda of any economy. To ascertain the technical efficient self-help groups and identify the possible determinants of technical efficiency of dairy self-help groups. This study was undertaken in rural areas of Amravati division and for this study Selected those self-help groups which were engaged in agriculture-based activity dairy. To analyse the objectives of the study to ascertain the technical efficient self-help groups and identify the possible determinant of technical efficiency of dairy self-help groups, the primary data was collected with the help of Personal interview of self-help groups. The marginal value of productivity of assets determined to decrease the use of assets and scope to be increasing this variable. The variable asset executed negative significant contribution in determining the gross loan its indicates declining assets affects to the loan refund and hence its indicated limited the size of SHGs, in views of this it is necessary to increase the assets which will make the SHGs to increase their activities production which helps in increase gross returns to refund possible therefore assets is the possible determinant of gross loan portfolio. The average technical efficiency for the entire sample of dairy SHGs was 0.9771, allocative efficiency was 0.5843 and 0.5671 dairy SHGs economic efficiency. The variables such as Cost per borrower, Assets, Borrow per member, Net return and Subsidy contributes to the explanation of the variation in Economic Efficiency of the dairy SHGs.

Open Access Original Research Article

The Role of the Labour Department in International Labour Migrant Management in Ghana

Eugene Narh Korletey, Eric Bossman Asare, Joseph Kofi Teye

Journal of Economics, Management and Trade, Page 1-15
DOI: 10.9734/jemt/2019/v25i530206

International migration is the major integral part of international economic relations and significant component of the globalized world. Its issues cannot be comprehended without considering levels of policy at national, regional and global forums have attracted high levels of policy consideration at national, regional and global forums. It linkages the development in countries and migrant workers in terms of an emerging international consensus on the positive aspects of labour migration cannot be overemphasized. Therefore, the study sought to examines how the labour department manages international labour migration in Ghana. The snowball, stratified sampling techniques and in-depth interviews were used for data collection. The study showed that in spite of the absence of national migration policy, the labour department has been mandated with registration, licensing and monitoring of private employment agencies in the country. The study showed major challenge of labour department raising security deposits of GH₵ 25,000 as the registration requirement. The study also discusses the institutional collaboration that exists between the labour department and other state and international organizations as well as private entities in respect of labour migration in the country. The study concluded that the level of collaboration between the labour department and other institutions including state and international organization in respect of international labour migration management can be explained within the context of the migration systems theory.

Open Access Original Research Article

Empirical Investigation of Capital Flight and Illicit Financial Flows, Economic Growth in Palestine

Nemer Badwan, Mohammed Atta

Journal of Economics, Management and Trade, Page 1-15
DOI: 10.9734/jemt/2019/v25i530207

In the present study was to verify the relationship between capital flight and illicit financial flows, exhibiting the impact of stable economic growth in Palestine during the period (2009-2018). We also use models of the balance of payments of the State, the study results showed that the total illicit financial flows, about $14.42 million annually, 16.4% of GDP. In addition, through the application of the net omissions and style error in the balance of payments and expenditures, the total capital flight estimated at $26.61 million, 19.6% of GDP. The Granger causality test shows that economic growth granger causes both the illicit financial flows and the capital flight. The study also found that there is a negative and significant relationship between economic growth and capital flight. Furthermore, there is a positive relationship between illicit financial flows and capital flight. We have examined theory (Granger) causality, which shows that economic growth causes all of the illegal financial flows and capital flight. The study showed also negative correlation and significant between economic growth and capital flight. Besides, it can be this relationship is negative between illicit financial flows and capital flight. This relationship can be detailed in this research. It seems this experimental investigation is also a strong relationship and engagement between capital flight and financial flows from the standpoint of their impact on economic growth in Palestine. It can be summarized in the study that the process of capital flows and capital flight represent an important role in raising the rate of economic recovery in the country and that the flow of capital within the state is one of the most important factors for national economic growth.

Open Access Original Research Article

Economic Growth and Unemployment Issues in Ten (10) Selected West African Countries: A Panel Data Analysis

Joseph Eshun

Journal of Economics, Management and Trade, Page 1-12
DOI: 10.9734/jemt/2019/v25i530208

The economic growth of nations continue to be one of the main issues that economists have been interested in analyzing. In effect, several theories have emerged to explain the growth of nations including the Okun’s law which tests the relationship between economic growth and unemployment. Using the World Bank Dataset, the study tested the validity of Okun's Law in West Africa by employing fixed effect regressions to control for inconsistencies of the OLS estimates due to omitted variable bias. The random and time-fixed effect regressions confirm the validity of the Okun's Law in West Africa. The time-fixed effect regression shows that, economic growth will decline by 0.311 annually for every unit increase in the rate of unemployment. Time variant effects such as changes in policy provides a stronger case for the effect of unemployment rate volatility on the growth of these economies. It is therefore recommended that, various stakeholders adopt efficient fiscal and monetary policies aimed at lowering the rate of unemployment thereby expanding economic growth. One of such policies could be the reduction of the high corporate tax rates in the region that is bedeviling African countries by preventing industries and businesses from being built.

Open Access Original Research Article

Fiscal Federalism and Economic Growth in Nigeria: An Empirical Analysis

Omosehin Foluke Morohunmubo, Kelani Fatai Adeshina, Ladega Razak Ajibola

Journal of Economics, Management and Trade, Page 1-10
DOI: 10.9734/jemt/2019/v25i530209

Nigeria as a nation operates a federal structure of government, ‘Federalism’ refers to the existence in a country of more than one level of government, each with different expenditure responsibilities and taxing powers. The major aim of this work is to assess the impact of fiscal federalism and government expenditure on economic growth in Nigeria.

Secondary data employed in this work was collected from the Central Bank of Nigeria's (CBN) Statistical Bulletin, CBN Annual Report and Statement of Accounts, National Bureau of Statistics (NBS) and The World Bank Group for years 2000, 2017 and 2018 and part of 2019, respectively. The data covers the period, 1990-2017 on an annual basis. Ordinary Least Square (OLS) was used to estimate multiple regression model where Gross Domestic Product (GDP) as dependent variable and independent variables were interest rate, inflation rate, exchange rate, growth rate of share of federal government from the Federation account, growth rate of share of state government from the federal account, growth rate of share of local government from the Federation account. The results obtained from the regression shows that there exists a positive relationship between the economic growth and share of federal revenue, state government revenue, exchange rate and interest rate from the federation account and economic process in Nigeria. From the above result, it can, therefore, be concluded that a policy to maintain macroeconomic stability by controlling the rate of inflation within the reasonable limit is required to promote economic growth.