Do foreign remittances encourage investment in the rural non-farm economy sector? evidence from Igbos of Southeast Nigeria
- Authors: Edoun, Emmanuel Innocents , Ezeanyika, S. E. , Mbohwa, Charles
- Date: 2015
- Subjects: Foreign remittances - Nigeria , Rural nonfarm economy - Nigeria , Igbo (African people)
- Type: Article
- Identifier: uj:5539 , ISSN 17277051 , http://hdl.handle.net/10210/14087
- Description: In recent years, foreign remittances have become a major source of external development finance. In the past decade, Nigeria has become the single largest recipient of foreign remittances in Sub-Saharan Africa, receiving between 30 to 60 percent of flows into the region. However, because of the conventional view that the bulk of household income from foreign remittances is used particularly for consumption purposes, their deliberate investment by some recipients in the rural nonfarm economy (RNFE) has not yet undergone rigorous econometric analyzes. The thrust of this paper is to estimate the impact of foreign remittances on the RNFE of the Igbos of Southeast Nigeria, using sample data from foreign remittance-receiving households engaged in rural nonfarm income-yielding investments. Key findings from the regression analysis show that households’ ratio of foreign remittances invested in rural nonfarm activities (RNFA) to the total amount of foreign remittances received by them tend to decrease with the increase in remittances received. There is, however, a positive correlation between remittances and expenditure on the rural nonfarm sector. The remittance elasticity for investment in the sector and the marginal foreign remittances share confirm that foreign remittance-receiving households spend a higher proportion of remittances on profit-oriented RNFA.
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Empirical evaluation of china imports on employment in the South African textile industry
- Authors: Netshiozwi, Edzisani Ellen , Edoun, Emmanuel Innocents
- Date: 2015
- Subjects: Textile industries , Imports , Exports , Trade agreement , China - Economic relations - South Africa , South Africa - Economic relations - China
- Type: Article
- Identifier: uj:5544 , http://hdl.handle.net/10210/14126
- Description: This paper is set to generate some empirical perspective on the impact of Chinese imports on employment levels in the South African textile industry. Using regression analysis as a method of inquiry, this paper critically assess the relationship that exist between textile imports and employment levels as well as between exchange rates and employment levels. South Africa’s imports data, employment data and exchange rate (South African Rand per Chinese Yuan) for the period 1993 to 2011 is used to analyse the relationship between high level of imports from China and employment levels in the industry. Initial findings reveal that an increase in the value of textile imports from China will cause a decline in employment levels in the South African textile industry.
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