An empirical contribution of mining sector

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  • an empirical contribution of mining sector

    an empirical contribution of mining sector The Contribution of the Mining Sector to Socioeconomic and This sustained strong economic performance goes against the accepted wisdom that even though the mining sector, like other extractive industries, can generate foreign exchange and fiscal revenues, it contributes little to sustained economic

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    An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria . By David Oladipo Olalekan, Noah Oluwashina Afees and Agbalajobi Sunday Ayodele. Get PDF (434 KB) Abstract. Nigeria is richly endowed with vast natural resources that are widely distributed across the country among these are;solid minerals, petroleum

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    About fifty solid minerals have been discovered in five hundred locations in the country (Alison-Madueke, 2009).As a result of this, mining is done virtually in all the states of the federation.Mining industries have been viewed as key drivers of economic growth and the development process, as lead sectors that drive economic expansion which

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    An Empirical Analysis of the Contribution of Mining Sector to Economic… 89 the discovery ofcrude oil was a major contributor to economic growth (Martin and Subramanian, 2003). However, the collapse of oil price, increasing unemployment among youth, the restiveness in the Niger Delta, the global economic recession among others have

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    many empirical studies conducted in the post reform period. Over the years the composition of mining and quarrying sector and electricity sector, water and gas supply sector contributes towards foreign investment inflows during the post MQ denotes the mining and quarrying sector’s contribution to GDP, EWG denotes the electricity

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    Jun 12, 2019· Mining’s contribution to economic activity in the low- and middle-income countries clearly increased between 1996 and 2016. The increase is higher in LIE than in MIE. Mining’s share of GDP increased with 43% during these years for these two categories of country. The share was 1.2% in 2016, compared with 0.8% in 1996.

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    Highlights The paper studied contribution share of safety investment to economic growth (CSS). The definition of CSS in economics: a share of safety value growth in total economic growth. We constructed a new set of production safety indexes for describing the safety level. The safety level of Chinese mining industry increased more than 21-fold during 1991–2009. The empirical results show

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    In the light of this, the study presents an empirical analysis of the contribution of mining sector to the economic development in Nigeria from 1960 to 2012. The study employed Error Correction

  • Economy of Zambia - Wikipedia

    Floriculture is a growth sector, and agricultural non-traditional exports now rival the mining industry in foreign exchange receipts. Zambia has the potential for significantly increasing its agricultural output; currently, less than 20% of its arable land is cultivated. In the past, the agriculture sector suffered from low producer prices

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    commodities producing sectors like mining, agriculture and manufacturing. Although since 1950 empirical finding suggests that dominating sector in developed countries is service sector Warton (1974). Economic Council of Canada (1991) reported that supremacy of service sector accounts to

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    Apr 01, 1995· Multiplying both sides of Eqn. (2) by Nn and equating the RHS of Eqns. (1) and (2), the level of the multiplier that just satisfies the sustainability criterion is: OY MiNn 0M NiEMt (3) If the long-run multiplier is greater than the RHS in Eqn. (3), then the mining sector makes a positive contribution to sustainability (abbrevia- ted AS > 0).

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    the earlier empirical results and others who argue that it is too determin-istic. Curiously, so far there has not been much emphasis on the fact that . viii. The Contribution of the Mining Sector to Socioeconomic and Human Development. The Contribution of the Mining Sector to …

  • Contribution of Mining Sector to Economic

    Khazar Journal of Humanities and Social Sciences Volume 19, Number 1, 2016. An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria David, Oladipo Olalekan University of South Africa, Pretoria, South Africa. Noah, Oluwashina Afees

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    insignificant mining and quarrying sector. Thus not only will industry be growing faster than the agricultural sector, but also within industry manufacturing will be growing faster than the other industries (mining, construction etc-) . This according to Sutcliffe (1970) is desirable for a variety of reasons:-(a).

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    Tax Contribution of Service Sector: An Empirical Study of (1971) related tax shares of developing countries to explanatory variables such as mining share, agriculture share and export share. Agriculture share of income reflects the stage of development of a country, and the mining share of income reflects sectoral composition of output.

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    The dual-sector model is a model in development economics.It is commonly known as the Lewis model after its inventor W. Arthur Lewis.It explains the growth of a developing economy in terms of a labour transition between two sectors, the capitalist sector and the subsistence sector.

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    Aug 28, 2018· Section 4 presents the empirical analysis, in which I consider the overall and dynamic properties of financial fragility by sector and size. Section 5 complements the previous sections by detecting the determinants of financial fragility using an econometric analysis. Section 6 concludes the paper. 2. Empirical studies of Minsky’s financial

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    SMDF compare and contrast its current Roadmap with empirical realities. Interviews were conducted with Nigerian government officials, Chinese businesspeople, mining industry representatives as well as Nigerian and international investors to understand and evaluate the barriers preventing the development of Nigeria’s mining sector.

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    Dec 18, 2015· The bill will transform the mining sector in the country boosting coal production and reducing dependence on imports. Acts to be amended. The MMDR Act regulates the overall mining sector in India. The CMSP Act provides for the auction and allocation of mines whose allocation was cancelled by the Supreme Court in 2014.

  • an empirical contribution of mining sector

    An Empirical Analysis of the Contribution of Mining Sector to . agriculture, it is believed that mining sector can also make significant contribution to the economic growth and development of the country by reducing the over-dependence on oil as a major source of foreign exchange earner.

  • The Influence of Corporate Governance Mechanisms

    mining sector companies. This is a case empirical study. The population of this study is all mining sector companies listed on the IDX, i.e. 41 companies in total. The sample consisted of 17 companies, which were selected using a non-probability sampling technique, i.e. purposive sampling, meaning that the sample used in this study meets

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    An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria Nigeria is richly endowed with vast but largely untapped …

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    Mining sector has a negative trend since 2011 with contribution 10.49% to 8.70% throughout 2015 [8][9]. The worse performance of mining sector on financial market and bank financing during 2011 until 2015 shows the dynamics of capital structure of mining sector either using the mix of debts and equity to obtain the maximum firm’s

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    Apr 20, 2020· Classification, as one of the most popular data mining techniques, has been used in the banking sector for different purposes, for example, for bank customer churn prediction, credit approval, fraud detection, bank failure estimation, and bank telemarketing prediction. However, traditional classification algorithms do not take into account the class distribution, which results into undesirable

  • An Empirical Analysis of the Contribution of Mining Sector

    DOI: 10.5782/2223-2621.2016.19.1.88 Corpus ID: 8927762. An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria @article{David2016AnEA, title={An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria}, author={Oladipo Olalekan David and Oluwashina Afees Noah and S. A. Agbalajobi}, journal={Journal of Humanities …

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    The empirical results showed that real manufacturing growth, real min- And do institutions improve the contribution of mining sector to eco-nomic growth? Speci…cally, the paper investigates the nexus between mining to assess the impact of institutions in the mining sector on overall economic performance. This study basically tests two

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    This research aims to lay out a framework to quantify the impacts of mining booms on the macro-economy in Mongolia, a country that is increasingly dependent upon its mining sector. The study uses a dynamic computable general equilibrium (CGE) model to examine the long-term effects on the economy with three sets of scenarios: (1) a moderate boom in the productivity of agriculture, manufacturing