Emmanuel D A V I D Oboro - Profile on Academia.edu (original) (raw)
Papers by Emmanuel D A V I D Oboro
International Journal of Multidisciplinary Trends, 2025
This study aims to investigate the impact of "Yahoo boys" on the cost of renting a house in Warri... more This study aims to investigate the impact of "Yahoo boys" on the cost of renting a house in Warri and the surrounding areas. As they seek accommodation in more upscale areas, traditional pricing structures are disrupted, prompting landlords to adjust their rates accordingly. Multiple regression analysis was employed to analyze the data, using two regression models: linear and log-linear. Each model revealed different impacts on the relationship between housing rental prices and their influencing factors. Notably, the linear and log-linear models produced similar findings, indicating that general inflation, limited housing supply, the presence of Yahoo boys, and population growth are all significant and positively correlated with housing rental prices. However, the landlords' decisions were significant only in the linear model, while they did not show significance in the log-linear model. The log-linear model emphasized the significance of electricity supply and fences, while the linear model showed no significance. The study recommends that the federal government address internet fraud and the rising housing prices in Warri, Delta State. The increase in "Yahoo boys" scams threatens financial security and the community's reputation. To combat this, stricter regulations, cybersecurity awareness programs, and community outreach initiatives are necessary. The high demand for affordable housing in Warri exacerbates socioeconomic disparities. To address this issue, the government should promote the construction of affordable housing, incentivize local developers, and provide financial assistance to low-and middle-income families. Additionally, controlling inflation and supporting sustainable urban development can help reduce living costs and improve the quality of life for low-income earners.
JOURNAL OF ACADEMIC RESEARCH IN ECONOMICS, 2024
Climate change's long-term effects are linked to current and upcoming risks to sustainable develo... more Climate change's long-term effects are linked to current and upcoming risks to sustainable development. The nation's infrastructure, business community, and governmental sector must all adjust to the changing environment in order to reduce these dangers. In order to test the environmental Kuznets curve (EKC) hypothesis using the ECM test for Nigeria, this paper examines the relationships between CO2 emissions and their major determinants, including economic growth, trade openness, industrialization, Renewable electricity and Foreign direct investment from 1980 to 2023. Results show that the GDP per capita and its square have a strong positive and negative impact on CO2 emissions, respectively. Our analysis also revealed an inverted U-shaped relationship between economic growth and CO2 emissions. .That trade openness, and industrialization positively affect CO2 emissions, but long-term CO2 emissions are found to be reduced by renewable electricity and foreign direct investment.
International Journal of Applied Research , 2024
The study investigated the effects of the fuel subsidy removal on the economic welfare of Nigeria... more The study investigated the effects of the fuel subsidy removal on the economic welfare of Nigerians
within the period 1990 to 2022. Using a price pass-through model, the study employed the use of unit
root test, cointegration, Pairwise Granger Causality Tests, and VECM. The study examines both the
short and long run effect of fuel subsidy removal on the economic welfare of Nigerian. The test for
trend variability (unit root) to determine the stability of data was done using the Augmented Dickey
Fuller and Phillip-Perron test. The result revealed that the Price of Petroleum Motor Spirit, Inflation
rate, Unemployment, Population increase will lead to decline on economic welfare of most Nigerians
due to the negative impact of this variables on economic welfare. While Per Capita Income will
improve the economic welfare in Nigeria. The study recommend the followings: fuel subsidy removal
should not be a prompt decision without addressing the issue of mass unemployment in Nigeria; The
government should set aside funds to take care of the welfare of the masses for fuel subsidy removal to
thrive, as is obtainable in other countries of the world; The government should tackle the issue of sore
inflation in Nigeria. The government should promote the adoption of renewable energy sources such as
solar, wind, and hydropower
Keywords: Fuel subsidy removal, per capita consumption, economic welfare, price pass-through
WEST AFRICA DYNAMIC JOURNAL OF HUMANITIES, SOCIAL AND MANAGEMENT SCIENCES AND EDUCATION: CAPE COAST, GHANA, 2023
Abstract The countries in the West African Monetary Zone (WAMZ) have had a persistent trade defi... more Abstract
The countries in the West African Monetary Zone (WAMZ) have had a
persistent trade deficit despite measures adopted to mitigate these
deficits. This prolonged trade deficit has been a cause of concern over the
years as it has substantial adverse consequences on the economic
performance of the region. The study, therefore, examined the effect of
the exchange rate, gross domestic product (GDP), inflation rate, foreign
direct investment (FDI), foreign reserves, and external debt on the trade
balance in WAMZ countries throughout 1990 to 2018. The study
employed the panel unit root test, panel cointegration test, vector error
correction mechanism, and variance decomposition based on VECM to
analyze the hypothesis. The result shows that FDI impacted negatively
on the trade balance. It also shows that an increase in external debt will
decrease the trade balance in WAMZ countries. The study recommended
an alternative policy to devaluation and measures to stabilize the
exchange rate and check its continuous free fall. However, the paper also
recommends that various concerned government should pay special
attention to export-oriented FDI by creating a conducive
environment in order to attract FDI that will promote exports in
WAMZ countries.
Keywords: Trade Balance, Exchange Rate, Gross Domestic
Product, Foreign Reserves, VECM, WAMZ
International Journal of Applied Research , 2024
Abstract The aim of this study is to investigate the ways in which green trade, green energy prod... more Abstract
The aim of this study is to investigate the ways in which green trade, green energy production, and
green innovation support green economic growth in the West African Monetary Zone (WAMZ)
member countries. Information on WAMZ economies for the years 2000–2023 is derived from a
number of sources, including the Organization for Economic Co-operation and Development (OECD),
International Energy Statistics (IES), and World Development Indicators (WDI). The cointegration test
by Wasteland (2007) is used to examine the long-term relationships between the modeled variables,
and the second-generation unit root test by Pesaran (2007) is used to evaluate the stationarity of the
data. The long-term relationships between the modeled variables—which eventually reach a stationary
state—are validated by the study. The study confirmed the modeled variables' long-term correlation,
which become stationary at the first differences. To estimate the empirical results, the study also
employed fully modified least squares (FMOLS) and dynamic least squares (DOLS). The results of the
study show that green energy, green innovation, and green trade are driving growth in the green
economy of the West African Monetary Zone (WAMZ).
Keywords: Green trade, green energy, green innovation, green economic growth, WAMZ
INTERNATIONAL JOURNAL OF ADVANCE RESEARCH IN MULTIDISCIPLINARY, 2024
Abstract The factors influencing Liberia's external debt from 1991 to 2022 were examined in this ... more Abstract
The factors influencing Liberia's external debt from 1991 to 2022 were examined in this paper. During the estimate procedure, the
correlation matrix, cointegration test, unit root test, and error correction model were employed. The results show that, both in the short and
long run, economic growth and foreign direct investment reduce external debt, but exchange rates, trade balances, and government spending
raise it. The consistency and reliability of our findings are confirmed by diagnostic test results, which policymakers should take into
account when creating and enforcing policies. From the findings, pertinent policy recommendations are put out for consideration to reduce
Liberia's external debt.
Keywords: External debt, exchange rate, government expenditure, error correction model, Liberia
JOURNAL OF HUMANITIES, SOCIAL & MANAGEMENT SCIENCES, 2022
Abstract: Sierra Leone has had a persistent trade deficit despite approaches taken to lessen t... more Abstract:
Sierra Leone has had a persistent trade deficit despite approaches taken to
lessen these deficits. This continued trade deficit has been a challenge
because of its effects on the Sierra Leone economic growth. The study
therefore examined the effect of exchange rate on trade balance in Sierra Leone
over the period of 1990 to 2020. The study employed the ADF unit root test,
engel granger cointegration test, ordinary least squares and error correction
mechanism to analyze the hypothesis. The result shows that exchange rate
impacted negatively on Sierra Leone trade balance. A unit increased in
exchange rate resulted in 0.0019707 units decreased in trade balance in Sierra
Leone. The study recommended that policy makers should aim at stabilizing
the exchange rate as that will encourage investors and improve productivity,
trade and good economic performance. Again, policy makers should focuse
more on export-oriented economy by strengthening the local industry so as to
boost production. When the local production industry is strengthened, it will
also reduce the quantity of imports .The availability of subsidies and grants
will also boost exports as this will increase trade and enhances economic
performance and more importantly improve trade balance in the long-run .
Keywords:Trade balance, exchange rate, VECM, Production, Export
International Journal of Multidisciplinary Trends, 2025
This study aims to investigate the impact of "Yahoo boys" on the cost of renting a house in Warri... more This study aims to investigate the impact of "Yahoo boys" on the cost of renting a house in Warri and the surrounding areas. As they seek accommodation in more upscale areas, traditional pricing structures are disrupted, prompting landlords to adjust their rates accordingly. Multiple regression analysis was employed to analyze the data, using two regression models: linear and log-linear. Each model revealed different impacts on the relationship between housing rental prices and their influencing factors. Notably, the linear and log-linear models produced similar findings, indicating that general inflation, limited housing supply, the presence of Yahoo boys, and population growth are all significant and positively correlated with housing rental prices. However, the landlords' decisions were significant only in the linear model, while they did not show significance in the log-linear model. The log-linear model emphasized the significance of electricity supply and fences, while the linear model showed no significance. The study recommends that the federal government address internet fraud and the rising housing prices in Warri, Delta State. The increase in "Yahoo boys" scams threatens financial security and the community's reputation. To combat this, stricter regulations, cybersecurity awareness programs, and community outreach initiatives are necessary. The high demand for affordable housing in Warri exacerbates socioeconomic disparities. To address this issue, the government should promote the construction of affordable housing, incentivize local developers, and provide financial assistance to low-and middle-income families. Additionally, controlling inflation and supporting sustainable urban development can help reduce living costs and improve the quality of life for low-income earners.
JOURNAL OF ACADEMIC RESEARCH IN ECONOMICS, 2024
Climate change's long-term effects are linked to current and upcoming risks to sustainable develo... more Climate change's long-term effects are linked to current and upcoming risks to sustainable development. The nation's infrastructure, business community, and governmental sector must all adjust to the changing environment in order to reduce these dangers. In order to test the environmental Kuznets curve (EKC) hypothesis using the ECM test for Nigeria, this paper examines the relationships between CO2 emissions and their major determinants, including economic growth, trade openness, industrialization, Renewable electricity and Foreign direct investment from 1980 to 2023. Results show that the GDP per capita and its square have a strong positive and negative impact on CO2 emissions, respectively. Our analysis also revealed an inverted U-shaped relationship between economic growth and CO2 emissions. .That trade openness, and industrialization positively affect CO2 emissions, but long-term CO2 emissions are found to be reduced by renewable electricity and foreign direct investment.
International Journal of Applied Research , 2024
The study investigated the effects of the fuel subsidy removal on the economic welfare of Nigeria... more The study investigated the effects of the fuel subsidy removal on the economic welfare of Nigerians
within the period 1990 to 2022. Using a price pass-through model, the study employed the use of unit
root test, cointegration, Pairwise Granger Causality Tests, and VECM. The study examines both the
short and long run effect of fuel subsidy removal on the economic welfare of Nigerian. The test for
trend variability (unit root) to determine the stability of data was done using the Augmented Dickey
Fuller and Phillip-Perron test. The result revealed that the Price of Petroleum Motor Spirit, Inflation
rate, Unemployment, Population increase will lead to decline on economic welfare of most Nigerians
due to the negative impact of this variables on economic welfare. While Per Capita Income will
improve the economic welfare in Nigeria. The study recommend the followings: fuel subsidy removal
should not be a prompt decision without addressing the issue of mass unemployment in Nigeria; The
government should set aside funds to take care of the welfare of the masses for fuel subsidy removal to
thrive, as is obtainable in other countries of the world; The government should tackle the issue of sore
inflation in Nigeria. The government should promote the adoption of renewable energy sources such as
solar, wind, and hydropower
Keywords: Fuel subsidy removal, per capita consumption, economic welfare, price pass-through
WEST AFRICA DYNAMIC JOURNAL OF HUMANITIES, SOCIAL AND MANAGEMENT SCIENCES AND EDUCATION: CAPE COAST, GHANA, 2023
Abstract The countries in the West African Monetary Zone (WAMZ) have had a persistent trade defi... more Abstract
The countries in the West African Monetary Zone (WAMZ) have had a
persistent trade deficit despite measures adopted to mitigate these
deficits. This prolonged trade deficit has been a cause of concern over the
years as it has substantial adverse consequences on the economic
performance of the region. The study, therefore, examined the effect of
the exchange rate, gross domestic product (GDP), inflation rate, foreign
direct investment (FDI), foreign reserves, and external debt on the trade
balance in WAMZ countries throughout 1990 to 2018. The study
employed the panel unit root test, panel cointegration test, vector error
correction mechanism, and variance decomposition based on VECM to
analyze the hypothesis. The result shows that FDI impacted negatively
on the trade balance. It also shows that an increase in external debt will
decrease the trade balance in WAMZ countries. The study recommended
an alternative policy to devaluation and measures to stabilize the
exchange rate and check its continuous free fall. However, the paper also
recommends that various concerned government should pay special
attention to export-oriented FDI by creating a conducive
environment in order to attract FDI that will promote exports in
WAMZ countries.
Keywords: Trade Balance, Exchange Rate, Gross Domestic
Product, Foreign Reserves, VECM, WAMZ
International Journal of Applied Research , 2024
Abstract The aim of this study is to investigate the ways in which green trade, green energy prod... more Abstract
The aim of this study is to investigate the ways in which green trade, green energy production, and
green innovation support green economic growth in the West African Monetary Zone (WAMZ)
member countries. Information on WAMZ economies for the years 2000–2023 is derived from a
number of sources, including the Organization for Economic Co-operation and Development (OECD),
International Energy Statistics (IES), and World Development Indicators (WDI). The cointegration test
by Wasteland (2007) is used to examine the long-term relationships between the modeled variables,
and the second-generation unit root test by Pesaran (2007) is used to evaluate the stationarity of the
data. The long-term relationships between the modeled variables—which eventually reach a stationary
state—are validated by the study. The study confirmed the modeled variables' long-term correlation,
which become stationary at the first differences. To estimate the empirical results, the study also
employed fully modified least squares (FMOLS) and dynamic least squares (DOLS). The results of the
study show that green energy, green innovation, and green trade are driving growth in the green
economy of the West African Monetary Zone (WAMZ).
Keywords: Green trade, green energy, green innovation, green economic growth, WAMZ
INTERNATIONAL JOURNAL OF ADVANCE RESEARCH IN MULTIDISCIPLINARY, 2024
Abstract The factors influencing Liberia's external debt from 1991 to 2022 were examined in this ... more Abstract
The factors influencing Liberia's external debt from 1991 to 2022 were examined in this paper. During the estimate procedure, the
correlation matrix, cointegration test, unit root test, and error correction model were employed. The results show that, both in the short and
long run, economic growth and foreign direct investment reduce external debt, but exchange rates, trade balances, and government spending
raise it. The consistency and reliability of our findings are confirmed by diagnostic test results, which policymakers should take into
account when creating and enforcing policies. From the findings, pertinent policy recommendations are put out for consideration to reduce
Liberia's external debt.
Keywords: External debt, exchange rate, government expenditure, error correction model, Liberia
JOURNAL OF HUMANITIES, SOCIAL & MANAGEMENT SCIENCES, 2022
Abstract: Sierra Leone has had a persistent trade deficit despite approaches taken to lessen t... more Abstract:
Sierra Leone has had a persistent trade deficit despite approaches taken to
lessen these deficits. This continued trade deficit has been a challenge
because of its effects on the Sierra Leone economic growth. The study
therefore examined the effect of exchange rate on trade balance in Sierra Leone
over the period of 1990 to 2020. The study employed the ADF unit root test,
engel granger cointegration test, ordinary least squares and error correction
mechanism to analyze the hypothesis. The result shows that exchange rate
impacted negatively on Sierra Leone trade balance. A unit increased in
exchange rate resulted in 0.0019707 units decreased in trade balance in Sierra
Leone. The study recommended that policy makers should aim at stabilizing
the exchange rate as that will encourage investors and improve productivity,
trade and good economic performance. Again, policy makers should focuse
more on export-oriented economy by strengthening the local industry so as to
boost production. When the local production industry is strengthened, it will
also reduce the quantity of imports .The availability of subsidies and grants
will also boost exports as this will increase trade and enhances economic
performance and more importantly improve trade balance in the long-run .
Keywords:Trade balance, exchange rate, VECM, Production, Export