REVIEW ARTICLE | Nov. 30, 2016
Economic Development Dynamics in Nigeria: Evidence from 1914- 2014
Dominic U. Nwanosike, Ugbor I.Kalu, Jonathan E. Ogbuabor, Benedict Uzoechina, Gabriel O. Ebenyi
Page no 154-161 |
10.21276/sjbms.2016.1.4.1
This paper documents Nigeria’s economic development experience over the period 1914 – 2014. The paper
shows that the economy has metamorphosed from Agro economy to oil economy. We find that agricultural sector
contributed over 60% of the GDP in the 1960s. Despite the reliance of Nigerian peasant farmers on traditional tools and
indigenous farming methods, they produced 70% of Nigeria's exports and 95% of its food needs. Again, the economy
moved from export producing economy to import consuming economy with little or no evidence of further paradigm
shift. This paper evaluates the various development policies in Nigeria and the socio- economic effects of these major
economic developmental programmes such as inward-outward looking programme, indigenization programme, and
structural adjustment programme up till the vision 20: 2020 programme. The paper asserts that Nigeria, though over a
century old now, has witnessed slow pace of economic development and had been hindered by years of colonization,
military rule, corruption, political interest (ethnicity, militancy, and insurgency) and mismanagement. Nonetheless, her
achievements include being the 12th largest producer of petroleum in the world. Nigeria also has a wide array of
underexploited mineral resources which include natural gas, coal, bauxite, gold, tin, iron ore, limestone, lead and zinc.
However, the paper concludes that the slow pace in development is neither lack of planning nor inadequate planning, but
that political expediency usually overrides economic rationality in her development programme implementations.
ORIGINAL RESEARCH ARTICLE | Nov. 30, 2016
Factor Proportion Theory: Evidence from Kenya
Ugbor I. Kalu, Dominic U. Nwanosike, Jonathan E. Ogbuabor
Page no 162-168 |
10.21276/sjbms.2016.1.4.2
This paper examined empirically if Kenya‟s pattern of trade with India is consistent with Heckscher-Ohlin
theory, using a fixed-effect panel data model and macroeconomic variables for the period 1970 to 2013. The findings
indicate a strong trade relation between Kenya and India, with Kenya specializing in the exportation of primary products
to India. Overall, the findings indicate that the Kenya–India trade relation is consistent with the factor proportions theory,
which spells out the trade relationship between the North – South poles. The paper recommends that Kenyan government
should encourage Indian investors to establish subsidiaries of their manufacturing companies in Kenya in order to reduce
the cost of importation of capital intensive goods and create jobs in the domestic economy.
ORIGINAL RESEARCH ARTICLE | Nov. 30, 2016
The Influence of Dimensions of Job Burnout on Employees’ Commitment: A Perspective of Malaysia
Bavani, Sugumaran, Muhammad Safizal Abdullah, Arman Hadi Abdul Manaf
Page no 169-178 |
10.21276/sjbms.2016.1.4.3
This study investigates the job burnout components impact on manufacturing workers job commitment since
burnout known as a syndrome that influences employees’ motivation and their commitment level. As well, each
organization also aims to increase the company profit and productivity by reducing the level of strain among their
workers which may reduce the performance and commitment level. The present study also aim to investigate if there is
any significant relationship between emotional exhaustion, personal accomplishment and depersonalization towards job
commitment among the manufacturing workers in Melaka. There have been limited study done in manufacturing sector
and this study focused on manufacturing sector, in order to minimize the negative effect on employee productivity and
their commitment level. The Maslach Burnout Instrument-Human Service Survey (MBI-HSS) and Employee
Commitment Survey (ECS) were used in this study. This study examines the direct relationship between emotional
exhaustion, depersonalization and personal accomplishment on job commitment. A quantitative approach with
descriptive analysis method and multi-stage sampling method were used in this study. Where, cluster method was
conducted followed by stratified and simple random sampling method. A total of 780 questionnaires were distributed to
the manufacturing workers in Melaka who had agreed to participate in this study. However, out of it only 518
questionnaires were returned and about 383 questionnaires were usable for further analysis. Results showed that
emotional exhaustion and depersonalization were significantly negatively associates with job commitment while personal
accomplishment was significantly positively associates with job commitment.
REVIEW ARTICLE | Dec. 30, 2016
Costing of Medical Education in Kerala, India
Dr Syam Prasad, Vipitha V
Page no 179-185 |
10.21276/sjbms.2016.1.4.4
Higher education falls outside the ambit of merit category since the personal benefit from higher education
exceeds the social benefit. In this milieu, the heavy spending on higher education by the government led to some
structural changes withdrawing the huge subsidy elements and allowing the entry of private providers in higher
education. However there are fairly large amount of subsidy on higher education even at present. The rationality of
subsidy as well as fee can be found out only in terms of the cost incurred for providing the education and comparing it
with fee collected from the student. The paper is an attempt to find out the unit cost of providing medical education
particularly the MBBS course in Kerala and the rationality of the fee charged by the government and self financing
institutions. The study found that there is a mark-up profit for the self financing institutions and at the same time
government has a heavy spending burden.
ORIGINAL RESEARCH ARTICLE | Dec. 30, 2016
Evaluation of Manufactured Goods Import and the Manufacturing Sector Productivity in Nigeria
Ngene, Amuche N, Nwele, James O, Uduimoh, Anthony A
Page no 186-195 |
10.21276/sjbms.2016.1.4.5
In examining the need for Nigerian economy to encourage the domestic manufacturing sector, this study looks
at the effect of imported manufactured goods on the performance of manufacturing sector in Nigeria. The study
employed econometric analysis with Ordinary Least Square (OLS) method of data estimation and analysis and
Augmented Dickey fuller test to conduct unit root test to ensure the stationarity states of the variables used. The
estimated result of model one shows a positive statistically significant relationship between domestic manufacturing
sector output and the Nigeria manufactured imports. Model two estimates also indicate that domestic manufacturing
sector contributes positively to economic growth of Nigeria. Therefore, the study recommended among other things the
use of fiscal policy measures to checkmate or control high importations of goods that can be manufactured domestically
to enable domestic manufacturers expand and thus, create employment opportunities for Nigerians.
ORIGINAL RESEARCH ARTICLE | Dec. 31, 2016
The Impact of Service Quality on Patient Satisfaction in the Health Care System a Comparative Study
Nazan Yashar Akbulut
Page no 196-207 |
10.21276/sjbms.2016.1.4.6
Quality of Care and patient satisfaction are major challenges faced by the healthcare sector in Jordan. This
paper aims to comparative study of the factors affecting service quality on the Patient Satisfaction from patient‟s
perspectives in Jordan. Cross Sectional Survey. The study sample consisted of (200) respondents divided between King
Hussein Medical Centre Hospital and Al-Bashir Hospital. The collected data were analyzed using the SPSS package. The
study results revealed that quality of care has an impact on patient satisfaction. Moreover the results indicated that
patients are satisfied with quality of care in the two hospitals. The study recommended that the two hospitals have to set
up criteria for their quality provided for patients, and they are requested to provide sufficient number of qualifies medical
staff to deal with the increased number of patients.
ORIGINAL RESEARCH ARTICLE | Dec. 31, 2016
Drivers of Growth of Women-Owned Micro Enterprises in Meru Municipality, Kenya
Justus Nderitu Maina, Jedidah Karwitha Mwiti
Page no 208-215 |
10.21276/sjbms.2016.1.4.7
The study aimed at assessing the drivers of growth of women-owned micro enterprises in Meru Municipality,
Kenya. The study employed descriptive research design. Self administered questionnaires were used to collect data from
the respondents. Descriptive statistics was used to analyze the data. Analyzed data was presented in the form of
frequency tables, pie charts, bar graphs and percentages. The study concluded that, there is need for women entrepreneurs
to participate in entrepreneurship trainings and beneficial associations. The study recommended that: Private sectors and
NGOs in collaboration with the government should be encouraged to come up with programs of inculcating women
entrepreneurship culture through business conferences, exhibitions, foreign tours. Such forums will act as learning
centres for women entrepreneurs.