Gross fixed capital formation

order to correct pitfalls in previous studies this research work will have to include some important variables which previous studies have neglected in their research variables such as the contribution of oil export, total labour-force and gross fixed capital formation in Nigeria on economic growth. This study therefore will cover these lapses by focusing on Nigeria only. However, this study will compare the magnitude and direction of

Economy Transdisciplinarity Cognition www.ugb.ro/etc Vol. 15, Issue 1/2012 103-111 The Role of Banks in Capital Formation and Economic Growth: The Case of Nigeria Alex Ehimare OMANKHANLEN Covenant University, Ota, Ogun State, NIGERIA alexehimare@yahoo.com Abstract: This study investigates the role of banks in capital formation and economic growth: The case of Nigeria for the period 1980-2009. The economies of all market-oriented nations depend on the efficient operation of complex and delicately

1. The capital stock in a country reveals the profitability of the federal capitals, meaning the ability of the state to use its capitals to generate revenues. These revenues in turn impact the GDP in the meaning that the higher the profitability of the capital, the higher the gross domestic product. Some data that could be assessed to help establish this relationship include the values of the private nonresidential gross fixed capital formation, the private residential gross fixed capital formation

imperfect substitute approach was used in modelling the import demand function for Ghana. Amongst the key results it is found that Ghana’s import demand is positively and significantly affected by the level of exports, government spending and gross fixed capital formation. These three variables are the major determinants of Ghana’s imports. Relative prices and inflation showed a negative insignificant relationship. The study concluded that increasing the share of those components for which import demand

Source: Qayyum et.al (2008). During the last three decades, Pakistan received a significant amount of worker’s remittances, which are sent by millions of Pakistanis working abroad. For capital deficient countries, like Pakistan, worker’s remittances are considered to be an important source of foreign exchange. These remittances have a positive impact on Pakistan’s economy through improved balance of payments position and reduced dependence

Gross Saving According to World Bank, gross saving in the global economy varies by world region, level of ecomonic development and changes in global business activity. At the another side, the book named National Accounts: A Practical Introduction (2004) derived gross saving as gross national disposable income less final consumption expenditure after taking account of an adjustment for pension funds. Gross disposable income is the income available for consumption and saving. For many countries, the

DETERMINANTS OF FDI FLOWS The unpredictability of autonomous FDI flows, in both scale and direction, has generated a substantial research effort to identify their major determinants. The remainder of this paper is mainly concerned with examining the factors influencing the destination of the investment: Host-country determinants, rather than industry specific factors. The major determinants of FDI are as follows--- (01)Size of the Market- Econometric studies comparing a cross section

ROLE OF HUMAN CAPITAL IN ECONOMIC DEVELOPMENT: AN EMPIRICAL STUDY OF NIGERIAN CASE By Risikat Oladoyin S. Dauda, Ph.D Department of Economics University of Lagos Akoka, Lagos E-mail: rissydauda@yahoo.com rdauda@unilag.edu.ng ABSTRACT Although several theories of endogenous growth point towards a positive effect of human capital on growth, empirical evidence on this issue has been mixed. Despite various efforts of the successive Nigerian governments, virtually all indices of human

growth and identify whether capital accumulation has been the cause for growth in the case of South Korea . The Solow growth model: The Solow growth model is also called the Neoclassical growth model which is presented by Robert Solow and Swan in 1956. Robert Solow some time later received the Nobel Prize in Economics in 1987 for better thismodel,s theory. The Solow growth model is an addition of the Harrod-Domar Model. It states the three factors: technology, capital accumulation and labour force

March quarter 2015 is greater (0.89). Overall, economic growth patterns are similar between the US and Australia. b. Seasonally Adjusted data has been used: Australia United States Highest rate of growth Exports of goods and services (at 5.0% pts) Gross private