Department of Economics

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https://repository.run.edu.ng/handle/123456789/64

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Browsing Department of Economics by Subject "Causality"

Now showing 1 - 2 of 2
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    Employment Growth, Service Sector, and Manufacturing Value-Added in Sub-Saharan Africa
    (Ife Journal of Economics and Finance, 2020) Ojo, Segun
    This study examined the interaction among employment growth, service sector, and manufacturing value-added in sub-Sahara Africa. The study utilized secondary data spanning 1990 to 2019. The data was analyzed using a panel vector error correction model (PVECM). The result reveals that long-run causality runs from manufacturing value-added and service sector to employment growth. The result shows that the manufacturing sector and service sector generate employment in the economy. It further reveals that there is no long-run causality running from employment growth and service sector to manufacturing value-added in SSA. Finally, the analysis reveals that there is long-run causality running from manufacturing value-added and employment growth to the service sector. The direction of causality reveals in this study shows that the service sector is crowding out the manufacturing sector in SSA.
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    The Impact of Selected Economic Indicators on Crime in Nigeria
    (Redeemer's University Journal of Management and Social Sciences, 2013) Olatokunbo, Oluwayemisi
    The study was designed to analyse the effects of socio economic determinants of crime in Nigeria by estimating the impact of poverty, unemployment and internal security on crime series from 1981 — 2006. The co — integration and parsimonious error correction model was used to examine the short and long run relationship between the variables. Also Granger causality tests was undertaken to determine the direction of causality between crime and the variables. The analysis provided evidence of a long run relationship among crime, poverty, unemployment and internal security/ and a unidirectional causality existed between crime and poverty and internal security, there seemed to be no causal relationship between crime and unemployment. The study recommended implementation/ monitoring of the existing programmes/ policies geared towards reducing poverty and unemployment while also increasing protective services.