IES Management College And Research Centre

How Effective Is Resource Stabilization Fund in a Mono-product Economy? (Record no. 51000)

MARC details
000 -LEADER
fixed length control field 01718nam a2200217 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190128122826.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190128b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ayadi, Olusegun Felix
9 (RLIN) 33012
245 ## - TITLE STATEMENT
Title How Effective Is Resource Stabilization Fund in a Mono-product Economy?
300 ## - PHYSICAL DESCRIPTION
Extent 842–858 p.
520 ## - SUMMARY, ETC.
Summary, etc In managing a mono-product economy, the Nigerian government expenditure patterns follow revenue patterns in cycles of boom and bust in crude oil prices. Thus, fiscal policy becomes procyclical, which is an indicator of poor fiscal management. To arrest this situation, the government established a stabilization fund in 2004. The objective of this article is to provide a better understanding of the role of a stabilization fund in the fiscal management of the Nigerian economy. This is done using an econometric model framework that explains both government spending and fiscal balance as a share of GDP while controlling for a set of economic and demographic variables. The results indicate that the establishment of a stabilization fund has no moderating effect on government spending behaviour. Moreover, the evidence shows that the stabilization fund has a positive impact on fiscal balance during the sample period.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Stabilization fund, sovereign wealth fund, mono-product economy,
Uncontrolled term Nigeria, quantile regression,
Uncontrolled term fiscal sustainability, fiscal balance
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Hyman, Ladelle M.
9 (RLIN) 33013
Personal name Williams, Johnnie
9 (RLIN) 33014
Personal name Desselle, Bettye
9 (RLIN) 33015
773 0# - HOST ITEM ENTRY
Host Biblionumber 29349
Host Itemnumber 72597
Main entry heading BANIK, ARINDAM
Place, publisher, and date of publication NEW DELHI SAGE PUBLISHING PVT. LTD.
Other item identifier 5559312
Title GLOBAL BUSINESS REVIEW
International Standard Serial Number 0972-1509
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 28/01/2019   Vol 19, No 4/ 5559312JA2 5559312JA2 28/01/2019 28/01/2019

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM