Open Access Journals



Title : Relationship between capacity utilisation and profitability in the downstream oil industry in developing countries
Authors : Alex Addae-Korankye,Kwame Nyamekye

Capacity utilisation, profitability, refinery, downstream, crude oil:The study examined the relationship between capacity utilisation and profitability of downstream oil industry in developing countries. The study used a quantitative approach, and with the help of SPSS computed correlation and regression to determine the strength or degree of relationship between capacity utilisation and profitability of downstream oil industries in developing countries from 2001 to 2010. The study revealed a positive relationship between capacity utilisation and profit of downstream oil industry though the correlation is relatively low. The regression output indicates that only 21.5% or 30.3% of changes in profit is explained by capacity utilisation (depending on whether one is using adjusted R square or R square respectively). It was concluded among others that downstream oil industry in developing countries needs a new business model. Among the recommendations were that there must be reform of policies in the downstream oil industry in developing countries, and firms in the industry should restructure their internal processes to reduce cost, increase productivity, and hence increase profit. They should also put measures in place to curb corruption and mismanagement, invest in the oil business especially infrastructure to improve their position on the supply curve and consciously look for and take advantage of the other determinants of profits apart from capacity utilisation.

Keywords : Capacity utilisation , profitability , refinery , downstream , crude oil:The study examined the relationship between capacity utilisation and profitability of downstream oil industry in developing countries. The study used a quantitative approach , and with the help of SPSS computed correlation and regression to determine the strength or degree of relationship between capacity utilisation and profitability of downstream oil industries in developing countries from 2001 to 2010. The study revealed a positive relationship between capacity utilisation and profit of downstream oil industry though the correlation is relatively low. The regression output indicates that only 21.5% or 30.3% of changes in profit is explained by capacity utilisation (depending on whether one is using adjusted R square or R square respectively). It was concluded among others that downstream oil industry in developing countries needs a new business model. Among the recommendations were that there must be reform of policies in the downstream oil industry in developing countries , and firms in the industry should restructure their internal processes to reduce cost , increase productivity , and hence increase profit. They should also put measures in place to curb corruption and mismanagement , invest in the oil business especially infrastructure to improve their position on the supply curve and consciously look for and take advantage of the other determinants of profits apart from capacity utilisation.
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Title : The effect of FDI on economic growth in West Africa countries a panel data approach
Authors : Willy Tozoke Laou Man Cheong,Hou Junjun

This study estimates the effect of foreign direct investment (FDI) on economic growth of nine (9) West Africa countries during the period of 1995 to 2015, using panel data approach. As a result, the FDI is statistically significant and has a positive effect on economic growth in West Africa countries. As well, FDI needs support and directive from the government to have better productive activities in order to avoid its adverse effect on GDP of West Africa countries.

Keywords : Economic growth , FDI , Panel data approach , West Africa countries
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Title : Impact of Infrastructure on Economic Growth of Pakistan
Authors : Armughana Tanveer,Natasha Manan

Nutmeg, oregano and dark soy are among household spices which are consumed in large quantities globally. This study evaluated the mutagenic and genotoxic potential of nutmeg, oregano and dark soy using the SOS Chromotest on Escherichia coli PQ37 and the Ames Salmonella fluctuation test on Salmonella typhimurium strains TA98 and TA100. The concentrations of 0.1, 0.25, 0.5 and 1 g/ 10 mL distilled water of nutmeg and oregano, and 10, 25, 50 and 100 % dark soy were utilized for the Ames test while six concentrations of two-fold dilutions of 1g of nutmeg and oregano and 100% of dark soy were utilized for SOS Chromotest. The result of the Ames test showed mutagenicity of nutmeg and oregano but not of dark soy, while the SOS Chromotest results showed genotoxicity of nutmeg, oregano and dark soy. E. coli PQ37 system showed better sensitive than the Salmonella assay for detecting genotoxins in the tested samples. The results of this study indicated that nutmeg and oregano are genotoxic while dark soy showed genotoxicity only at low concentration. Long term exposure to these condiments can lead to bioaccumulation which might have varying degrees of genotoxic and mutagenic effects including cancer in exposed individuals

Keywords : Gross Domestic Product , Gross Fixed Capital Formation , Per Capita Health Expenditures , Total generation of electricity Total Road Lengths Total Telephone Lines
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Title : The Role of Technology in the Sustainable Economic Development- the Case of Africa
Authors : sally farid

The purpose of this paper is to study under what conditions technological innovation can foster and promote sustainabledevelopment. It considers all forms of technological innovations that are potentially conducive to sustainable development.This article examines how technology has contributed in promoting sustainable economic development and particularly inAfrica. It presents the concept of Sustainable Economic Development and the Sustainable Economic DevelopmentStrategies, discusses existing technologies in sustainable development, shows the role of technology in sustainabledevelopment, and presents the information and communication technology to promote economic development in Africa andthe obstacles to set up policies for innovation and technology in Africa. Several working methods were used, one aspectcommon to all the methods used is that we have favored a multidisciplinary approach, which takes account of technological,ecological, economic, institutional and social aspects.

Keywords : Technology , Sustainable Economic Development , ICT in Africa.
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Title : Employability and productivity of graduates- an exploratory analysis of program strengths and weaknesses
Authors : Enrique G. Baking,Dolores T. Quiambao,Reynaldo C. Cruz,Laura Miriam B. Buenviaje,Reynaldo C. Nicdao,Alvin V. Nuqui

The purpose of the study was to assess the employability and productivity of the graduates across programs in aid of policy formulation and curricular enhancement. The study asked 630 randomly selected respondents from the colleges of education, engineering, and architecture to respond to a questionnaire that sought information on the employability and productivity of the graduates. The findings revealed that the graduates of Don Honorio Ventura Technological State University are highly employable, and that a great majority of them have jobs aligned with their pre-service preparations. The graduates were found to be highly productive in terms of their perceived readiness on the requirements of their jobs. In terms of their performances in licensure examination, the education, civil engineering, and electronics and communication engineering graduates performed much higher than the national passing rates, but not for the electrical and mechanical engineering and architecture graduates. Some operational strategies and control mechanisms are deemed exigent to further improve the productivity of the graduates.

Keywords : Employability , productivity , employability framework , Don Honorio Ventura Technological State University
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