Asian Journal of Economic Modelling

Online ISSN: 2312-3656

Print ISSN: 2313-2884

Publisher: Asian Economic and Social Society
Search by keywords:
Article Download / Year
Article Published / Year

Trends and Drivers of Agricultural Investments and Growth in Nigeria: The Pre and Financial Sector Reforms Experience


Akpaeti, Aniekan J --- Bassey, Nsikan E --- Okoro, Udeme S --- Nkeme, Kesit K

| Pages: 115-127
This study examined the growth rates in agricultural investments and output in Nigeria from 1970-2009 using ordinary least square in a time series analysis. Findings revealed that agricultural investments and growth recorded a growth rate of 37.44 percent and 30.47 percent in the pre-financial sector reform periods. The result for the financial sector reform periods showed a growth rate of 23.00 percent and 7.04 percent for agricultural investment and growth respectively. The differences in growth rates were not significantly different at 5 percent (tcal < ttab at P=0.5) between the periods. There was also deceleration in growth of agricultural investments in the two periods under consideration, implying that financial sector reform might have brought an overall decrease in agricultural investments in the two periods. Also, while there was stagnation in the growth process of agricultural output in the pre-financial sector reform periods, there was acceleration in the financial sector reform periods. Hence, policies and sound regulatory framework that would enhance the development of a strong, healthy and dynamic financial system should be pursued. Such policies should be tailored towards the provision of sound infrastructures and macroeconomic stability that would create incentives for agricultural investment and growth of business opportunities on a sustainable basis and foster the expansion of financial institutions.

Adoption of Competitor Focused Accounting Methods in Selected Manufacturing Companies in Nigeria


Chiekezie, Njideka Rita --- Egbunike, Patrick Amaechi --- Odum, Austin Nwekemezie 

| Pages: 128-140
This study-examined the extent of adoption of competitor focused accounting (CFA) in selected manufacturing firms listed on Nigerian Stock Exchange with a view to establishing whether there are differences in financial performance of the firms. The study is descriptive in nature and uses survey techniques. Accordingly, two-hundred and twenty four (224) key respondents in the Nigerian manufacturing industry were surveyed. This is complimented with secondary data collected from annual accounts and reports of fifty six (56) manufacturing companies listed in the Nigerian stock exchange. In addition to descriptive statistics, analysis of variance (F- Ratio) and scheffes? (fs) test were used in analyzing collected data. The result of the study revealed that 14 companies representing (25%) were non-adopters of competitor focused accounting methods, 36 (64.3%) were partial adopters while 6 (10.7%) were full adopters. In addition, the mean financial performance of full adopters of CFA methods was 25.1 greater than that of partial adopters and also 45.71 greater than non-adopters.  This shows a large difference.  On the other hand, partial adopters? mean financial performance was 20.61 greater than that of non adopters of CFA methods. However, this study proves that the practice of CFA in Nigerian manufacturing companies is still below average and the necessity to improve this situation is the current challenge. Manufacturing firms in Nigeria should give priority to strategic management accounting and it sub-divisions especially CFA in other to enhance its competitive edge over competitors. 

What is the Influence of the Global Economic Crisis on the Development of the Wage Distribution of Czechs and Slovaks?


Diana Bilkova

| Pages: 141-155
This paper deals with the development of wage distribution by gender in the Czech and Slovak Republics in the years 2005?2012. Special attention is given to the changing in the behavior of the wage distribution in relation to the onset of the global economic recession. The different behavior of the wage distribution of Czech and Slovak employees during the period is the subject of research. The article discusses the differences in wage level between men and women in the Czech and Slovak Republics. There are the total wage distributions of men and women together, both in the Czech Republic and in the Slovak Republic on the one hand, and wage distributions according to the gender separately for men and for women on the other hand. Comparison of wage levels in the world and the position of wages of the Czech employees in the international context is included, too.