The technological choice of Kainji hydro-electric dam in Nigeria— a blessing/curse

Whereas the socio-economic considerations under which the Kainji Dam technology was chosen were mitigated purely by some political factors, nonetheless, the bottle-necks in the Nigerian Electricity Market cannot be easily linked with the political mitigation. The problems emanated from some uncontrollable artificial and natural factors. Despite these problems, Nigeria would not have been better off without the Kainji Dam technology, given the new developments which accompanied its inception.     

Resource mobilisation,institution and inclusive growth in Africa: Evidence from spatial analysis

This study accommodates spatial effects in the nexus between tax resource mobilisation (TRM) institutions and inclusive growth using panel data from 48 African countries. By adopting the spatial Durbin-fixed effect model, the study shows that spatial dependence and interaction matter when modelling TRM, institutions and inclusive growth relationships. It is also explicit that various disaggregated and aggregated tax components have not played significant roles in increasing inclusive growth in Africa, except property tax. The result suggests the need to harness the role of property tax for revenue generation in stimulating inclusive growth in view of its growth benefits over its distortions. Further evidence shows that all individual proxies of African institutions dampen inclusive growth. These results also pinpoint the weak governance structures that constitute huge constraints on the participatory tendencies of economic growth and reflect the institutional exclusiveness inherent in Africa. Regarding the interactive effects of institutions and TRM on inclusive growth, findings further reveal that existing institutions in Africa weaken the tax administration structures in propelling TRM to actualize inclusive growth. The study informs policy implications.     

Investigating the twin-deficit phenomenon among oil-exporting countries: Does oil really matter?

This study empirically investigates the existence of twin deficits—the impact of fiscal policy on the current account—among selected major oil-exporting countries. Given the huge effects of the oil proceeds on these economies, the study separates the effects of oil on the fiscal balance from its effect on the current account balance. The investigation took a further step by grouping these countries—based on their fiscal policy actions over the period of years under review—into pro-cyclical and counter-cyclical fiscal countries. In line with the existing literature, the impact of fiscal balance on the current account balance takes into consideration the contemporaneous effects brought about by exchange rate fluctuations, the growth in GDP, rate of openness and the growth in money supply. The models are estimated based on a panel of 31 oil-exporting countries over the period 1984–2013, using the two-stage least squares estimation techniques. The results from all countries estimations reveal the existence of twin-deficit in the total economy. In the non-oil economy, on the other hand, the evidence of twin-deficit disappears. This evidence is also reported in the counter-cyclical fiscal countries. Results from pro-cyclical fiscal countries indicated the total opposite, revealing the existence of twin-deficit in the non-oil economy, while this evidence does not occur in the total economy. The indisputable conclusion is that oil dominance continues to blur the existence of twin deficits among the oil-exporting countries.     

The technological choice decision making process: An example from Nigeria—the Kainji hydro-electric technology: A multi-purpose development technolog

This paper examines the technological-cum-economic/social/political criteria under which technological decisions are made. An example—The Kainji Dam hydro-electric technology—from Nigeria (a buyer of technology) is selected as a case study. The study shows the importance of socio-economic criteria in the process of making any technological choice decision. Nonetheless a close interplay of some political factors may mitigate purely the socio-economic considerations in the technological choice decision making process. This is evident in the choice of the Kainji Dam technology in Nigeria.     

The conflict in the growth of the Nigerian petroleum industry and the environmental quality

Rapid expansion of economic activity is a deeply entrenched preoccupation in Nigeria, as is evident in the National Development Plans. However, this rapid expansion has been sustained by the rapidity with which the Nigerian oil industry has taken off. The picking up of this industry has consequently brought unprecedented economic buoyancy to the Nigerian economy. Nonetheless, the oil activities breeding this buoyancy have conflicted with the original environmental quality objectives. In other words, the appreciable boom in the economy has equally brought along with it environmental disaster unprecedented in Nigeria. This article highlights the problems emanating from this conflict and also offers suggestions for adequate environmental protection in future planning.     

The growth,poverty and inequality nexus in South Africa: Cointegration and causality analysis

This study empirically established the long-run relationship and causality effects that exist between growth, poverty and inequality. The analysis was carried out on a panel of nine South African provinces from 1995 to 2012. To capture poverty and inequality in a broader context, two measures of poverty (income and non-income) and three measures of inequality (income, education and land) were adopted for the study. The results confirm that there is a long-run relationship between growth, poverty and inequality. Notable results from the causality tests suggest that growth does not promote equal distribution of income in society but as income distribution begins to equalise, economic growth rises. This is regarded as growth–inequality disconnect. The unidirectional causality, which runs from income poverty to income inequality, suggests that a rising level of income poverty will lead to falling income inequality in the society; likewise, income inequality increases as non-income poverty declines.     

Applying the Extended Theory of Planned Behavior to Predict Sustainable Street Food Patronage in a Developing Economy

With over 2.5 billion daily street food consumers globally, the consumption paradigm of the urban-informal-sector street food is shifting towards sustainable street food (SSF). This has led to the emerging SSF-market segment. The extended Theory of Planned Behavior (e-TPB), which incorporates the past behavior construct, is used to provide preliminary insight by unraveling behavioral predictors. The e-TPB research framework is premised on five key constructs - attitude, subjective norm, perceived behavioral control and past behavior. The framework was tested using primary data collected from 437 street food consumers drawn from three main urban cities in southeast Nigeria. Structural Equation Modeling (SEM) technique was used to analyze data. It is revealed that past behavior/experience does not necessarily connote patronage intention for sustainable street food. This study validates the utility of e-TPB for the prognosis of emerging consumer behavior. Recommendations and implications for marketing-related street food vending strategies are discussed.     

Occupational sex segregation in agriculture: Evidence on gender norms and socio-emotional skills in Nigeria

Occupational sex segregation is a key driver of the gender gap in earnings. Using data from 11,691 aspiring agribusiness entrepreneurs in Nigeria, this article explores factors that drive sectoral choice, gender differences in the choice decision, and especially the role played by norms around gender roles. When given a choice of 11 agricultural value chains in a government program, we find the majority (54 percent) of the applicants chose to enter into the poultry value chain, and women were more likely to choose poultry than men. This article finds evidence of more restrictive gender norms in Northern Nigeria states, which lowers women's likelihood of entering into agricultural value chains where the potential for profit may be higher. The gender bias in sectoral choice is also attributed to differences in work experience especially in agricultural activities and in the chosen value chain, as well as in land ownership. Women with more experience in male-dominated agricultural value chains exhibit lower self-efficacy, which could reflect the challenges they face when deviating from social norms to operate within nontraditional value chains.