Emmanuel D A V I D Oboro (original) (raw)
Papers by Emmanuel D A V I D Oboro
JOURNAL OF ACADEMIC RESEARCH IN ECONOMICS , 2024
Abstract This study aims to get an insight into the major sectors with a green job potential in D... more Abstract
This study aims to get an insight into the major sectors with a green job potential in Delta
State and to further analyze the argument that job creation is one of the important benefits of
green growth policies – that is, policies to foster economic growth and development while
ensuring that natural assets continue to provide the resources and environmental services on
which our well-being relies (Bowen and Kuralbayeva, 2015). The claims that the greening
of economies is a net generator of decent jobs – good jobs that offer adequate wages, safe
working conditions, job security, reasonable career prospects and worker rights (UNEP
(2011). There is a great need to promote and create lots of green jobs to make Delta State a
better place for future generations. The potential areas of green jobs in Delta State has
revealed by the studies include among others: Rubber plantations, cassava (manioc), fish,
palm oil and kernels, yams, and plantains, flour-milling plant, sawmilling, solar, wind,
geothermal, biomass and water, tourism, building sectors, forestry activities, waste
management, railways, health sector, government bodies, education sector, Escravos Gas-toLiquids (EGTL) plant, an integrated steel plant in Aladja, small enterprises and the market
within SMEs. The study recommends that for green jobs to thrive in Delta State, there needs
to be an increased appreciation for green and sustainable practices; Individualistic efforts
from different agents, like governmental agencies, private sector, policymakers, employers,
and employees are very important towards the creation of a Green Economy; better
integration of employment needs and research programs; and a specific regulatory framework
to promote green businesses, and a competitive ecosystem that creates green jobs.
Keywords: Green Economy, Green Jobs, Climate change, Sustainable development, Delta
State.
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
JOURNAL OF ACADEMIC RESEARCH IN ECONOMICS , 2024
Abstract This study aims to get an insight into the major sectors with a green job potential in D... more Abstract
This study aims to get an insight into the major sectors with a green job potential in Delta
State and to further analyze the argument that job creation is one of the important benefits of
green growth policies – that is, policies to foster economic growth and development while
ensuring that natural assets continue to provide the resources and environmental services on
which our well-being relies (Bowen and Kuralbayeva, 2015). The claims that the greening
of economies is a net generator of decent jobs – good jobs that offer adequate wages, safe
working conditions, job security, reasonable career prospects and worker rights (UNEP
(2011). There is a great need to promote and create lots of green jobs to make Delta State a
better place for future generations. The potential areas of green jobs in Delta State has
revealed by the studies include among others: Rubber plantations, cassava (manioc), fish,
palm oil and kernels, yams, and plantains, flour-milling plant, sawmilling, solar, wind,
geothermal, biomass and water, tourism, building sectors, forestry activities, waste
management, railways, health sector, government bodies, education sector, Escravos Gas-toLiquids (EGTL) plant, an integrated steel plant in Aladja, small enterprises and the market
within SMEs. The study recommends that for green jobs to thrive in Delta State, there needs
to be an increased appreciation for green and sustainable practices; Individualistic efforts
from different agents, like governmental agencies, private sector, policymakers, employers,
and employees are very important towards the creation of a Green Economy; better
integration of employment needs and research programs; and a specific regulatory framework
to promote green businesses, and a competitive ecosystem that creates green jobs.
Keywords: Green Economy, Green Jobs, Climate change, Sustainable development, Delta
State.
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