American Journal of Theoretical and Applied Business

Volume 10, Issue 3, September 2024

  • Research Article

    Measuring Size and Causes of Shadow Economy in Ethiopia

    Wondimu Mekonnen*

    Issue: Volume 10, Issue 3, September 2024
    Pages: 47-59
    Received: 16 August 2024
    Accepted: 18 September 2024
    Published: 10 October 2024
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    Abstract: The paper estimates the size of the Shadow Economy (SE) in Ethiopia from 1995 to 2022 and rigorously tests the statistical relationships between the SE and various causal variables. In order to carry out the comprehensive econometric analysis, a multiple indicator multiple causes (MIMIC) model was effectively applied. The main causes of the Ethiopi... Show More
  • Research Article

    Examining the Effects of Ailing Ajaokuta Steel Plant on Industrialization and Technological Growth in Nigeria

    Christopher Ewuzie Obianagwa, Tochukwu Georgina Onyechi*, Louiemarie Adaeze Ifem, Samuel Ifeanyi Ugwuozor, Augustine Obi Okeke

    Issue: Volume 10, Issue 3, September 2024
    Pages: 60-72
    Received: 9 September 2024
    Accepted: 29 September 2024
    Published: 18 October 2024
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    Abstract: Nigeria, out of the exigency to feed her bulging population established a mega iron and steel complex in Ajaokuta, Kogi state to drive technological innovation for productive activities in the country. The steel project was designed to serve as a catalyst for growth and development of industries as well as other sectors of the Nigerian economy. Whi... Show More