Yakubu Joy Asmau , Michael Samuel Agility , Abarshi Jemimah Amina (2019). Dutch Disease: Myth or Reality? An Analysis of the ARDL Model. International Journal of Business, Economics and Management, 6(3): 130-140. DOI: 10.18488/journal.62.2019.63.130.140
The theory of Dutch disease has existed in literatures since the 1960’s. The concept has developed and has been attributed to the increase in pernicious distributive struggle of resources and rent seeked by various equally powerful groups, which resulted in a decline in investment levels and growth rates. This concept is applicable to the Nigerian economy as Nigeria is a mono-product economy depending solely on crude oil. This paper differs from others as a different model (ARDL model) is used to analyze the extent of Dutch disease prevalent in Nigeria. The methodology can be applied irrespective of whether the time series is I(0), I(1) or frictionally integrated; the problem of endogeneity is avoided while the short run and long run parameters are estimated simultaneously. Data used spans the years 1980-2016, as it captures both long run and short run relationships effectively. The stationarity test depicts stationary at I(1) taking into consideration two lags. In addition, the long run and short run relationships were established through the bound test since the computed F statistic is higher than the upper boundary. Analysis suggests that the relationship between effects of oil production on the balance of payments and exchange rate in Nigeria extends to the long run. The results showed that for every unit change resulting from the balance of payment, oil price increased by 90% and for every unit change resulting from the exchange rate, oil price fell by 59%. This study supports the fact that the balance of payment and exchange rates are veritable ingredients to raise economic growth if maintained for the benefit of all. Therefore, the option of economic diversification should be seriously considered by the Nigerian government.
This study is to contribute by applying different model (ARDL model) in order to analyze the scope of Dutch disease in case of Nigeria.
Investigating the Impact of Business Alignment on Job Gratification in an Organization: The Case of a University in Egypt
Said Abdo , David Edgar (2019). Investigating the Impact of Business Alignment on Job Gratification in an Organization: The Case of a University in Egypt. International Journal of Business, Economics and Management, 6(3): 141-158. DOI: 10.18488/journal.62.2019.63.141.158
The purpose of this study was to investigate effects of business alignment and job gratifications of employees in a university, viewed as a corporate organization. This study examined if there was an empirically demonstrable connection between these two variables. This empirical research was conducted through a survey on a research sample of 200 employees of an Egyptian University. The results of this study found that there was no significant relationship between these two variables. However, it was found that employees’ job gratification can be sensitive to both positive and negative influences from certain business alignments and job gratification factors. The study concluded that there was relatively little impact of business alignment on job gratification while employee performance has only a very small impact on mediating relationship between business alignment and job gratification. Nevertheless, it is concluded that, in the university context, management should address, promote and monitor corporate intrapreneurship in the organization, eventually creating an organization with employees who are satisfied in their jobs. Managements in such organizations should therefore align themselves towards the promotion of corporate intrapreneurship activities by being receptive to, and by encouraging and rewarding innovative suggestions from employees.
As research on the effect of business alignment on job gratification in organizations is scant, and theoretical and practical contributions have not produced a clear answer to the real nature and effect of the influence of business alignment and job gratification on employee performance, this research attempts to provide an additional contribution to knowledge by testing the relationship between business alignment and job gratification in a particular context: the university viewed as a corporate institution.