Mathew Nwokoye - Academia.edu (original) (raw)
Papers by Mathew Nwokoye
International Journal of Advanced Economics
This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock p... more This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock production on the gross domestic product (GDP) in the Nigerian economy. The study adopted auto-redistributed lag model (ARDL) techniques for the regression analysis. The result of the study shows that livestock production has positive and significant impact on economic growth in Nigeria. The result of the study also posits that there is bidirectional relationship between livestock production and GDP in the Nigerian context. The study concluded that livestock production have positive and statistically significant impact on economic growth in Nigeria. The study recommends that government should continue to encourage livestock production in order to bring more inflow of funds which triggers economic growth. Keywords: Fishery Production, Gross Domestic Product, Nigerian Economy.
This study investigated the effect of communal conflict on socioeconomic development process in N... more This study investigated the effect of communal conflict on socioeconomic development process in Nigeria: evidence from Shitile and Ukum communities in Sankera Benue State. The study adopted the survey research design to generate primary data using questionnaire administered on 308 respondents comprising of people in IDP camps in Shitile, Ukum and Makurdi local government areas. Descriptive statistics and percentages were used to analyze the data at 0.05 level of significance. The test of hypotheses was done using multiple regression analysis and the result showed that land dispute, political thuggery and Fulani invasion have negative significant effect on socioeconomic development with Fulani invasion having the highest effect while chieftaincy affair has significant positive effect on socioeconomic development. The study concluded that communal conflict has significant negative effect on socioeconomic development in Nigeria. Based on the findings, it is recommended that Shitile and Ukum communities should strive to live peacefully and avoid land disputes of any type; They should tolerate one another and avoid conflicts so as to reduce burning down of school buildings and interruption of farming and economic activities; there should be government intervention to control the problem of political thuggery within Shitile and Ukum communities. This will reduce the rate of killings and kidnapping thus creating ample opportunity for farmers to carry out their farm work as well as encourage vibrant economic activities. Government should also provide adequate security to these affected areas in order to checkmate Fulani invasion and protect the people's lives and properties.
The biting impact of transportation cost on prices of consumable commodities in Anambra state has... more The biting impact of transportation cost on prices of consumable commodities in Anambra state has triggered the consciousness and interest of policy makers due to its impact on the welfare of the populace. Hence, this study examined the impact of transportation cost by exploring its causes and effects on the prices of consumable commodities in Anambra state. To achieve this, the study used multi stage cluster sampling techniques as a survey research design. Three political wards were chosen from the three senatorial districts of the state to reflect the urban, semi-urban and rural areas. 210 copies of questionnaires were administered to the participants, but 200 were returned and made available for analysis. The returned questionnaires were analysed using mean statistics with 2.5 as cut off point. The result shows that high transportation cost which is linked to bad roads, illegal collection of money by high way patrol team, high price of motor spare parts and high fuel prices contributes to the continuous rise of consumable commodities in Anambra state of Nigeria. Thus, the study recommends among other things that Anambra state government should endeavour to maintain the major high ways and other feeder roads to reduce wears and tears on transportation vehicles, and also curtail illegal collection of money by the high way patrol team to reduce the burden on transportation costs which impacts negatively on the prices of consumable commodities in the State.
The study empirically investigated the induction of economic growth through human capital develop... more The study empirically investigated the induction of economic growth through human capital development for a period of thirty three years (1988-2020). The study employed the Ordinary Least Square (OLS) regression model to analyze the data and discovered the growth in GDP were accounted for by the Human Development Index (HDI), Education Expenditure of Government (EEG), Health Expenditure of Government (HEG), Life Expectancy (LEXP), and Gross Capital Formation (GCAPF). EEG and HEG had greater impact on economic growth than the other variables. The study concluded that all variables are responsible for the growth in GDP with EEG and HEG having the greatest influence. It recommended that education and health sector budget be increased significantly to ensure steady economic growth among others.
This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock p... more This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock production on the gross domestic product (GDP) in the Nigerian economy. The study adopted auto-redistributed lag model (ARDL) techniques for the regression analysis. The result of the study shows that livestock production has positive and significant impact on economic growth in Nigeria. The result of the study also posits that there is bidirectional relationship between livestock production and GDP in the Nigerian context. The study concluded that livestock production have positive and statistically significant impact on economic growth in Nigeria. The study recommends that government should continue to encourage livestock production in order to bring more inflow of funds which triggers economic growth.
This study investigated the relationship between financial analysis and performance of small and ... more This study investigated the relationship between financial analysis and performance of small and medium enterprises in Makurdi. The study adopted descriptive research design and utilized secondary source of data. The population of the study consists of ten selected SMEs registered in the State ministry of commerce and industry and have operated for seven years. The analysis of data collected was done using descriptive statistics and mean scores while the test of hypotheses was through the application of chi-square technique. The findings revealed that; themean average of return on asset (ROA) for most SMEs is 2.83% which is less than the 3.00 threshold. The mean average of return on equity (ROE) for most SMEs is 20.45% which is high showing that SMEs generate profits from shareholders investments. The mean average for net interest margin (NIM) for SMEs is 2.88% which is less than 3.00 showing less management decision making for profit generalization. Based on the findings the following recommendations were made; SMEs operating in Makurdi should ensure proper assessment of ROA before taking investment decision. This will help improve their performance. Most SMEs studied seem not to have shareholders; this reflected on the low profitability from the shareholders' investment. SMEs should be able to accommodate other business partners as shareholders. This decision can help improve their profit over time. Net interest margin of every SME should be considered before taking business decisions for the attainment of high business performance.
Journal of Economic Studies, 2021
This paper analysed the sectorial contribution of the Nigeria's economy to unemployment reduction... more This paper analysed the sectorial contribution of the Nigeria's economy to unemployment reduction for the period (1981-2016) using unemployment rate as a dependent variable while sectoral gross domestic product serves as the independent variables. The variables were tested to check whether they have unit root using Augmented Dickey-Fuller test. The result of the unit root test showed that the variables are integrated of different order. Based on the outcome of the unit root test, Autoregressive Distribution lag (ARDL) model was used to estimate the parameters of the model. The result of the ARDL short-run and long-run estimate revealed that art and entertainment sector, agricultural sector, educational sector and manufacturing sector statistically contribute to the reduction of unemployment in Nigeria both in the short-run and in the long-run at 5percent level, hence they create employment more than any other sector in Nigeria. While real estate sector and mining sector do not contribute to the reduction of unemployment both in the short-run and in the long-run. Based on the findings, this paper recommended that government should diversify the economy to enable greater growth and encourage employment generation in these sectors that shows positive signs of reducing youth unemployment and creating unemployment in Nigeria.
International Journal of Advanced Economics
This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock p... more This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock production on the gross domestic product (GDP) in the Nigerian economy. The study adopted auto-redistributed lag model (ARDL) techniques for the regression analysis. The result of the study shows that livestock production has positive and significant impact on economic growth in Nigeria. The result of the study also posits that there is bidirectional relationship between livestock production and GDP in the Nigerian context. The study concluded that livestock production have positive and statistically significant impact on economic growth in Nigeria. The study recommends that government should continue to encourage livestock production in order to bring more inflow of funds which triggers economic growth. Keywords: Fishery Production, Gross Domestic Product, Nigerian Economy.
This study investigated the effect of communal conflict on socioeconomic development process in N... more This study investigated the effect of communal conflict on socioeconomic development process in Nigeria: evidence from Shitile and Ukum communities in Sankera Benue State. The study adopted the survey research design to generate primary data using questionnaire administered on 308 respondents comprising of people in IDP camps in Shitile, Ukum and Makurdi local government areas. Descriptive statistics and percentages were used to analyze the data at 0.05 level of significance. The test of hypotheses was done using multiple regression analysis and the result showed that land dispute, political thuggery and Fulani invasion have negative significant effect on socioeconomic development with Fulani invasion having the highest effect while chieftaincy affair has significant positive effect on socioeconomic development. The study concluded that communal conflict has significant negative effect on socioeconomic development in Nigeria. Based on the findings, it is recommended that Shitile and Ukum communities should strive to live peacefully and avoid land disputes of any type; They should tolerate one another and avoid conflicts so as to reduce burning down of school buildings and interruption of farming and economic activities; there should be government intervention to control the problem of political thuggery within Shitile and Ukum communities. This will reduce the rate of killings and kidnapping thus creating ample opportunity for farmers to carry out their farm work as well as encourage vibrant economic activities. Government should also provide adequate security to these affected areas in order to checkmate Fulani invasion and protect the people's lives and properties.
The biting impact of transportation cost on prices of consumable commodities in Anambra state has... more The biting impact of transportation cost on prices of consumable commodities in Anambra state has triggered the consciousness and interest of policy makers due to its impact on the welfare of the populace. Hence, this study examined the impact of transportation cost by exploring its causes and effects on the prices of consumable commodities in Anambra state. To achieve this, the study used multi stage cluster sampling techniques as a survey research design. Three political wards were chosen from the three senatorial districts of the state to reflect the urban, semi-urban and rural areas. 210 copies of questionnaires were administered to the participants, but 200 were returned and made available for analysis. The returned questionnaires were analysed using mean statistics with 2.5 as cut off point. The result shows that high transportation cost which is linked to bad roads, illegal collection of money by high way patrol team, high price of motor spare parts and high fuel prices contributes to the continuous rise of consumable commodities in Anambra state of Nigeria. Thus, the study recommends among other things that Anambra state government should endeavour to maintain the major high ways and other feeder roads to reduce wears and tears on transportation vehicles, and also curtail illegal collection of money by the high way patrol team to reduce the burden on transportation costs which impacts negatively on the prices of consumable commodities in the State.
The study empirically investigated the induction of economic growth through human capital develop... more The study empirically investigated the induction of economic growth through human capital development for a period of thirty three years (1988-2020). The study employed the Ordinary Least Square (OLS) regression model to analyze the data and discovered the growth in GDP were accounted for by the Human Development Index (HDI), Education Expenditure of Government (EEG), Health Expenditure of Government (HEG), Life Expectancy (LEXP), and Gross Capital Formation (GCAPF). EEG and HEG had greater impact on economic growth than the other variables. The study concluded that all variables are responsible for the growth in GDP with EEG and HEG having the greatest influence. It recommended that education and health sector budget be increased significantly to ensure steady economic growth among others.
This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock p... more This study uses a time series data ranging from 1981 to 2021 to analyze the impact of livestock production on the gross domestic product (GDP) in the Nigerian economy. The study adopted auto-redistributed lag model (ARDL) techniques for the regression analysis. The result of the study shows that livestock production has positive and significant impact on economic growth in Nigeria. The result of the study also posits that there is bidirectional relationship between livestock production and GDP in the Nigerian context. The study concluded that livestock production have positive and statistically significant impact on economic growth in Nigeria. The study recommends that government should continue to encourage livestock production in order to bring more inflow of funds which triggers economic growth.
This study investigated the relationship between financial analysis and performance of small and ... more This study investigated the relationship between financial analysis and performance of small and medium enterprises in Makurdi. The study adopted descriptive research design and utilized secondary source of data. The population of the study consists of ten selected SMEs registered in the State ministry of commerce and industry and have operated for seven years. The analysis of data collected was done using descriptive statistics and mean scores while the test of hypotheses was through the application of chi-square technique. The findings revealed that; themean average of return on asset (ROA) for most SMEs is 2.83% which is less than the 3.00 threshold. The mean average of return on equity (ROE) for most SMEs is 20.45% which is high showing that SMEs generate profits from shareholders investments. The mean average for net interest margin (NIM) for SMEs is 2.88% which is less than 3.00 showing less management decision making for profit generalization. Based on the findings the following recommendations were made; SMEs operating in Makurdi should ensure proper assessment of ROA before taking investment decision. This will help improve their performance. Most SMEs studied seem not to have shareholders; this reflected on the low profitability from the shareholders' investment. SMEs should be able to accommodate other business partners as shareholders. This decision can help improve their profit over time. Net interest margin of every SME should be considered before taking business decisions for the attainment of high business performance.
Journal of Economic Studies, 2021
This paper analysed the sectorial contribution of the Nigeria's economy to unemployment reduction... more This paper analysed the sectorial contribution of the Nigeria's economy to unemployment reduction for the period (1981-2016) using unemployment rate as a dependent variable while sectoral gross domestic product serves as the independent variables. The variables were tested to check whether they have unit root using Augmented Dickey-Fuller test. The result of the unit root test showed that the variables are integrated of different order. Based on the outcome of the unit root test, Autoregressive Distribution lag (ARDL) model was used to estimate the parameters of the model. The result of the ARDL short-run and long-run estimate revealed that art and entertainment sector, agricultural sector, educational sector and manufacturing sector statistically contribute to the reduction of unemployment in Nigeria both in the short-run and in the long-run at 5percent level, hence they create employment more than any other sector in Nigeria. While real estate sector and mining sector do not contribute to the reduction of unemployment both in the short-run and in the long-run. Based on the findings, this paper recommended that government should diversify the economy to enable greater growth and encourage employment generation in these sectors that shows positive signs of reducing youth unemployment and creating unemployment in Nigeria.