Browsing by Author "Aromasodun, Ololade Mistura"

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    Determinants of FDI inflows to West Africa: Prospects for regional development and globalization
    (BRICS JOURNAL OF ECONOMICS, 2022-05-22) Aromasodun, Ololade Mistura
    This paper examines the determinants of foreign direct investment (FDI) inflow into West Africa. FDI is regarded as the central engine for growth. Such inflows are not often satisfactory, both in terms of their volume and in terms of their sectoral distribution, particularly in developing countries. The study carried out a unit root test using the Im-Pesaran-shin (IPS) method, which revealed that four out of many variables were stationary at first difference, while other variables were stationary at level. Consequently, the Kao co-integration test methodology was used to analyze the long-run relationship. Thus, the regression analysis was carried out using the Panel ARDL method in an equation with a 50-year observation period. Concerning the remaining seven equations with shorter time series observations, the Pooled OLS estimation method was used to analyze the factors determining the inflow of FDI. The results indicate that financial development has a negative effect on FDI flows (and hence on globalization processes) in West Africa, while trade openness, institutional composite index and control of corruption have positive effects on FDI and hence increase globalization tendency. Based on these findings, the study recommends, among other things, that the authorities in West African countries vigorously pursue trade liberalization policy as an effort to globalize the region through FDI inflows. The study examined the macroeconomic determinants on FDI alongside institutional and socio-political determinants that are difficult to study in the case of West Africa as a region. The use of a composite institutional quality index, which combines multiple indicators of institutional quality, is another novelty of this research. Another unique contribution of the study is the use of the Africa Infrastructure Development Index (AIDI), which serves as a composite infrastructure index, as an explanatory variable.
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    Impact of Environmental Courses on Pro-Environmental Behaviours of University Students: Evidence from Kwara State University, Nigeria
    (African Journal of Environmental Sciences and Renewable Energy, 2025-04-16) Aromasodun, Ololade Mistura
    People who take environmental courses are widely regarded as exhibiting more proenvironmental behaviours (PEBs) than those who do not. However, little or no research has established this. This study, therefore, examines whether and how taking an environmental course determines the adoption of PEBs. This study analyses the extent to which students who take environmental courses engage in PEBs, using Kwara State University as a case study. Drawing on framework of Knowledge-Attitude-Behaviour theory, the study investigates the relationship between taking an environmental course and adoption of PEBs. We conducted a survey 416 students to examine this relationship. A stratified random sampling method was employed to select students from academic departments offering environmental courses and those that do not. Data were collected through a structured questionnaire and analyzed using descriptive statistics, classical linear regression model and multivariate logit regression model. This study found that exposure to environmental courses significantly influenced PEBs. Students who took environmental courses were more likely to engage in activities such as energy conservation, reusing, proper waste disposal, and recycling compared to their counterparts who did not. The implications of these findings for policy and practice in higher education are discussed, offering insights into how educational institutions can contribute to achieving global environmental sustainability goals.