This study investigates the responsiveness of manufacturing sector performance to major macroeconomic determinants in Nigeria, covering the period between 1981 and 2018. It contributes to attendant literature by examining the asymmetric impact of each of the macroeconomic variables, including GDP per capita, exchange rate, inflation rate, interest rate proxied by prime lending rate, and gross f...

The purpose of this study is to assess the thresholds at which military expenditure modulates the effect of terrorism on capital flight. We employed a panel data of 37 African countries from 1996-2010.The empirical evidence was based on: (i) baseline contemporary and noncontemporary OLS, (ii) contemporary and non-contemporary fixed effects regressions to account for the unobserved heterogeneity...

background infant mortality rate is widely used to assessing the health status of population in both developing and developed countries. the aim of this study was to identify the main factors affect infant mortality rate in eco countries for the years 2005 to 2012. methods a panel data model from eco countries from 2005 to 2012 used to identify the some of key explanatory variables (gdp per cap...

The argument on the behaviour of government expenditure toward reducing poverty level is still controversial among economists and policymakers. This study investigates role development in alleviating Malaysia. employs a nonlinear autoregressive distributed lag (NARDL) model from 1970 to 2019 using annual time series data. bounds test NARDL specification suggests presence cointegration variables...

This paper analyses Indonesia’s resource mobilisation and public expenditure policies against the backdrop of her inequality trends and macroeconomic policy evolution. It is argued that the country’s fiscal policy stance has been adversely impacted by her monetary and financial sector policies under an open capital account, with attendant regressive distributional implications. Juxtaposing the ...

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced by citizens’ preferences to be compensated for the risks of globalization (“compensation hypothesis”)....