Open Access Original Research Article

Agricultural Sector Linkage with Other Sectors of the Economy: Evidence from Nigeria

Ikechukwu Kelikume, Stanley Emife Nwani

South Asian Journal of Social Studies and Economics, Page 1-23
DOI: 10.9734/sajsse/2020/v7i130177

Economic resource planners have continued to harness proven empirical link amongst various sectors of the economy for effective policy formulation and implementation of successful growth and development strategies. The Agricultural sector is one of the sectors that have consistently contributed to other sectors of the economy in terms of provision of raw materials, food and employment to the growing population; however, the need to understand the forward and backward linkages between the agricultural sector output and other sectors’ output has prompted this study. This paper investigates the causal link between the Agricultural sector output and Industry, Construction, Trade and Services sectors output using quarterly times series data extracted from the annual statistical bulletin of the Central Bank of Nigeria from the first quarter 2010 to the fourth quarter 2018. The study departs from the traditional static Leontief Input-Output approach by employing dynamic modern techniques like the Granger Causality, Vector Autoregression, Impulse Response and Variance Decomposition analyses. The results indicate the existence of bi-directional causal chain effect linkages between agricultural sector output, services, construction and trade outputs while a unidirectional causal linkage is found running from industrial sector output to agriculture. All the sectors drive agricultural sector output and agriculture stimulates other sectors except the industrial sector. In specific terms, it takes approximately two to four quarters for most sectors to respond to the impact of shocks emanating from the other sectors the economy. For the agricultural sector to play its pivot role as the driver of other sectors the study suggests that should be remodeled in such a way that its outputs meet industrial sector requirement.  

Open Access Original Research Article

Impact of Career Planning on Employee Turnover Intention in Short-term: Evidence from Leading Garment Factory in Sri Lanka

W. D. N. S. M. Tennakoon, W. J. A. J. M. Lasanthika

South Asian Journal of Social Studies and Economics, Page 24-32
DOI: 10.9734/sajsse/2020/v7i130178

Employee turnover intention in short term (ETIST) is still a burning issue for many labor-intensive industries despite the interest of scholars on it for many past decades. The impact of Career Planning (CP) on ETIST is loosely addressed. Thus, this study investigates the impact of CP on the ETIST. A deductive, cross sectional research inquiry was carried out where CP is operationalized using personal, occupational, organizational and external factors. ETIST denotes the turnover intention of short tenured employees. Survey instrument (Holland, 1997) of 30 items ranked the responses on a five-point Likert scale. Sample represents the randomly selected machine operators (n = 232) of garment factory where short-term LTO reported as significant. Regression and correlation analyses derive the results. It is concluded that career planning is significantly influencing employee turnover in short term. Implications of the study carries the importance of employing CP strategies to minimize the possible ETIST.

Open Access Original Research Article

Rising Temperatures and Cereal Production in Cameroon

Demanou Neigha Stephan, Mapa Kamdoum Géneviève Christel

South Asian Journal of Social Studies and Economics, Page 33-47
DOI: 10.9734/sajsse/2020/v7i130179

This paper assesses the impact of rising temperatures on cereal production in Cameroon over the period 1980-2016. To achieve this objective, we used Auto Regressive Distributed Lags (ARDL). Short and long-term results show that rising temperatures do not affect cereal production in Cameroon. It would therefore be possible to extend this research work using climate projection data. Moreover, this work would also have been better if it had been done on all agricultural crops by subdividing the country into agro-ecological zones.

Open Access Original Research Article

Migrant Remittances and Economic Growth: The Role of Financial Efficiency

Ningaye Paul, Abba Yadou Barnabé, Balla Mekongo Célestin Ghislain

South Asian Journal of Social Studies and Economics, Page 48-59
DOI: 10.9734/sajsse/2020/v7i130183

The objective of this paper is to examine the relationship between migrant remittances and economic growth by considering the role of financial efficiency in 34 African countries from 1995 to 2016. The methodology is based on a GMM system model and a Pooled Mean Group (PMG) on a sample of 34 African countries. The empirical results show us the following conclusions: (i) Migrant remittances and financial efficiency have a positive impact on economic growth. (ii) The interaction between remittances and financial efficiency has a negative impact on economic growth. (iii) Migrant remittances have a long-term impact on economic growth. (iv) The combined effect of migrant remittances and financial efficiency has a negative impact on economic growth. Moreover, this impact is more pronounced in low-and middle-income countries. To better benefit from migrant remittances, recipient countries need to focus on financial development.

Open Access Original Research Article

Pricing Efficiency in Agricultural Markets: Evidence from the Sugarcane Sector in Laos

Xomphouthep Phimthong, Yohana James Mgale, Ray Munachoonga Sikamwaya, Zhao Guiyu

South Asian Journal of Social Studies and Economics, Page 60-68
DOI: 10.9734/sajsse/2020/v7i130184

This study aims to analyse the relationship between farm gate prices and export prices in the sugarcane sector in Laos. The Johansen cointegration test, Granger-causality test, and the Error Correction Model (ECM) were used to investigate the causality and asymmetry of price transmission between the two market levels. The coefficient of variation values shows that farm gate prices were more volatile than prices at the exporter level. Granger’s causality tests show two-way causality between farm and export markets. Further, estimates of the price adjustment process suggest an asymmetric adjustment between producer and exporter prices, in short and long-run. This implies that there is a non-competitive market structure. It is therefore recommended that policies be put in place to ensure the efficient marketing of sugarcane in Laos.