Papers by Haruna Mohd Aliero
An Empirical Analysis on the Relationship between Fiscal Deficit and Inflation in Nigeria
Economics and Applied Informatics, 2014
The implications of fiscal deficits on key macroeconomic variables have led to a large body of li... more The implications of fiscal deficits on key macroeconomic variables have led to a large body of literature examining the question of whether economies with large and persistent fiscal deficits have high inflation rate. In line with this argument, this research work examines the long-run relationship between fiscal deficit and inflation in Nigeria using Autoregressive distributed lag (ARDL) approach to cointegration on a time series data spanning from 1970 to 2011. It further examines the nature and direction of causality between the two variables. The ARDL result reveals that there is insignificant long run relationship between fiscal deficit and inflation. There is also no significant relationship between exchange rate depreciation and inflation. However, there is a positive and significant long-run relationship between interest rate and inflation. On the direction of causality, uni-directional causalities running from fiscal deficit to inflation and also from inflation to interest rates were evident, while no causality between inflation and exchange rates was recorded. The study therefore, concludes that the sustained fiscal deficit maintained over the years is not the cause of inflation. Rather, interest rate is the main cause of inflation, as such policies targeted at inflation control could be best achieved if geared towards reducing interest rate.
Journal of accounting, business and finance research, 2017
"This study examines the extent to which customers" personal characteristics have influence on th... more "This study examines the extent to which customers" personal characteristics have influence on the banking bahaviour of customers. The study uses primary data which was collected from the Usmanu Danfodiyo University Sokoto. A sample of 383 respondents was used cutting across staff, students and petty business operators within the community. The study uses Logistic regression model to analyse the data. The results of the study indicated that age, marital status, and occupation have negative influence on the banking bahviour of customers while, educational qualification and monthly income have positive influence. The study therefore recommends that those factors with positive influence should be closely watched whenever banks are looking for customers in the community and other communities with similar features."
An Empirical Investigation Into the Relationship Between Financial Sector Development and Unemployment in Nigeria
Asian Economic and Financial Review, 2013
ABSTRACT Financial sector development has been identified by financial economists as a veritable way
International Journals of Marketing and Technology, 2012
In this article, the relationship between energy consumption and economic growth is examined from... more In this article, the relationship between energy consumption and economic growth is examined from the viewpoint of China's industrial sectors. Panel data from 37 industrial sectors in China covering the period from 1998 to 2010 was used in this study. Not only first generation panel unit root tests and panel cointegration tests, but also second generation tests that account for dependence between cross-sectional units were employed. The empirical results reveal that both energy consumption and economic growth are integrated as order one, and they are cointegrated. Panel fully modified ordinary least squares estimators show that a 1% increase in energy consumption increases the real value added of industrial sectors by 0.871%, and a 1% increase in real value added of industrial sectors increases energy consumption by 1.103%. The panel vector error correction models for causality tests are estimated by a system generalized moment method. We find a unidirectional causal relation running from economic growth to energy consumption in the shortrun. In the long run, however, there is evidence of a unidirectional causality running from energy consumption to economic growth.
This study is conducted to examine the factors that determine the choice of a bank by its custome... more This study is conducted to examine the factors that determine the choice of a bank by its customers. In achieving this objective the study collected primary data through the use of structured questionnaire from the Usmanu Danfodiyo Uiniversity Sokoto, using a sample of 350 respondents. The respondents were drawn from staff, students and business operators within the community. The data collected was analyzed using logistic regression model. The results of the study indicated that low interest rate, speed of service, easy way of obtaining loan, higher interest on deposit were found to have positive and significant influence in choosing a bank by the customer. Consequently the study suggested that banks wishing to establish branches in the community or even those already existing should take into cognizance these factors in marketing their services.
Economic and Financial Review, 2015
This study examined the effect of monetary policy on the manufacturing sector in Nigeria from 197... more This study examined the effect of monetary policy on the manufacturing sector in Nigeria from 1970 to 2012 using Autoregressive Distributed Lag (ARDL) bound testing approach. Exchange rate was found as the only channel of monetary policy transmission with significantly negative effect on the manufacturing sector. This implies that manufacturing firms largely rely on foreign inputs for production and do not depend on the banking system for funding. The study, therefore, recommends indigenous technology and financial system development to reduce dependence on imported inputs and facilitate access to more funds.
This paper analyses the determinants of accessibility of insurance services in rural areas of Nig... more This paper analyses the determinants of accessibility of insurance services in rural areas of Nigeria. The paper uses cross-sectional primary data sourced through a structured questionnaire from 384 respondents dwelling in rural areas of Katsina state. In analysing the data Logit modelling approach was used to find a significant positive influence of age, access to credit, educational attainment and availability of insurance services on access to insurance services. Moreover, the influence of income and gender are positive but statistically insignificant. Contrary, the study finds a significant negative influence of marital status on the accessibility of insurance services in rural areas. The study therefore concluded that deepening of insurance services in rural areas requires a special intervention taken into cognisance of religious viewpoint of these people. We recommended among other things, that while establishing micro-insurance in the rural areas of Northern Nigeria should be...
Journal of Asian Development, 2019
This study investigates the effects of institution and macroeconomic policy on economic growth in... more This study investigates the effects of institution and macroeconomic policy on economic growth in Africa, using panel Cointegration technique to analysed data obtained from a panel of 50 African Countries covering a period of 25years (1990-2014). The results confirm that declining growth rate in Africa is due to poor management of macroeconomic policies. A weak turning point is also confirmed to exist for government size in the short run; in the long run it becomes more pronounce. The Wald restrictions tests of causality ascertain that institutions lead economic growth performance in the short run, while poor economic growth performance impaired the capacity required in building strong institutions which in turn stunts growth in the long run. Therefore, African leaders should tilt their expenditure in favour of human capital development and strong institution, ensure intra-regional trade and adopt private sector led – economic growth strategy.
International Journal of Environment, Agriculture and Biotechnology, 2020
The study was conducted in Zamfara State, Nigeria to assess the role of local Non-Governmental Or... more The study was conducted in Zamfara State, Nigeria to assess the role of local Non-Governmental Organizations (NGOs) in community development. A questionnaire was administered to 200 randomly selected beneficiaries of NGOs activities. Another questionnaire was administered to 58 purposively sampled officials of local NGOs for the study. Descriptive such as (frequencies and percentages) and inferential statistics like t-test and correlation were used to analyze the data collected from the field. The study revealed that, local NGOs contributes significantly to community development in various ways such as through community self-help efforts; training and retraining of community members and awareness creation and sensitization of community members. It was revealed that, these efforts resulted to many improvements such as increased enrolments of children in schools; improved health care service delivery; and increased agricultural yields. The research has shown that, beneficiaries provide water; labour and venue during execution of community development efforts. The study identified problems militating against smooth running of NGOs activities: inadequate funds and personnel; low level of beneficiaries 'commitments; and low level of government support. It was recommended that, government, individuals and development partners should provide more financial, technical and human resources support to NGOs in order to make them effective and efficient in delivery of community development services.
Journal of Accounting and Taxation, 2016
The Nigerian tax reform in the early 1990s was a fallout of market reform in the mid-1980s, while... more The Nigerian tax reform in the early 1990s was a fallout of market reform in the mid-1980s, while the structural adjustment program (SAP) piloted a transition to market driven economy where emphasis is laid on market forces with minimal government intervention, hence, the introduction of Value Added Tax (VAT) in 1994. This study empirically examined the impact of VAT on the level of economic activities in Nigeria from its inception to 2014. The study uses secondary data which was analyzed using Johansen (1988) co-integration test. The quarterly data ranged from 1994 Q4 to 2014 Q4. The study found evidence of a significant positive impact of VAT on economic growth. In the same vein, other government revenues, which include all oil receipts and other receipts into the federation account other than VAT were also found to be positively related to economic growth during the study period. The study, therefore, recommends that VAT should be sustained hence; all identified administrative loopholes should be covered for VAT revenue to continue to contribute more significantly to economic growth of the country. There should also be accountability and transparency in the management of all sources of government revenue.
Advances in Social Sciences Research Journal, 2016
The) study) examines) the) relationship) between) capital) ratios) and) bank) distress) in) so) d... more The) study) examines) the) relationship) between) capital) ratios) and) bank) distress) in) so) doing) the) efficiency) of) different) capital) ratios) (risk) weighted,) and) nonQrisk) weighted)) have)been)compared)in)predicting)bank)distress.)Secondary)data)was)collected)from)the) Central)Bank)of)Nigeria)statistical)bulletin)for)fifteen)years)(1995Q2000).)The)data)was) analyzed) through) the) use) of) Ordinary) Least) Squares) method) (OLS),) Granger) causality) test)and)TQTest)respectively.)The)results)from)the)study)show)that)the)two)capital)ratios) (riskQweighted)and)liquidity)ratios))predict)distress)significantly)while)the)other)ratio) (equity)ratio))proved)to)be)ineffective)in)predicting)bank)distress.)The)result)also)shows) significant) difference) in) the) level) of) efficiency) of) the) three) capital) ratios) in) distress) prediction.) Therefore,) the) continued) use) of) risk) weighted) ratio) in) the) prediction) of) bank) distress) is) suggested,) while) liquidity) ratio) is) recommended) to) supplement) it.) However,) liquidity) ratio) and) equity) ratio) should) not) be) used) to) replace) risk) weighted) capital)ratio)as)each)one)of)them)has)its)unique)importance.) ! Key)Words:)Capital!ratio,!Risk!weighted!ratio,!Bank!distress,!Nigerian!Banks.!
Does Access to Finance Reduce Poverty? Evidence from Katsina State
Mediterranean journal of social sciences, 2012
Abstract Enhancing access to formal financial services especially credit to the rural populace ha... more Abstract Enhancing access to formal financial services especially credit to the rural populace has been identified as a means of reducing poverty in developing countries. This paper investigates whether access to financial services reduces poverty in Nigeria focusing ...
This study analyses financial intermediation in the rural financial sub-sector of Nigerian econom... more This study analyses financial intermediation in the rural financial sub-sector of Nigerian economy. In achieving the objective of the paper, we investigate the relationship between the total deposit mobilized and the total loan advanced by the formal bank branches located in the rural areas of Nigeria from 1982-2009. The study uses time series secondary data collected from various issues of the Central Bank of Nigeria (CBN) statistical Bulletin, the data was analysed using the Augmented Dickey Fuller unit root tests and Johansen cointegration tests allowing for using fully modified Ordinary Least Square (OLS) method. The study found that rural deposit has a significant positive influence on rural loans while the influence of interest rate is positive but not significant. The result of Pearson Product Moment Correlation revealed a fair correlation between deposits mobilised and credits allocated in rural areas of Nigeria. As such, 48% of the deposit mobilised is given out to rural cu...
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Papers by Haruna Mohd Aliero