DR. ANIFOWOSE O. L.  PH.D. picture
DR. ANIFOWOSE O. L. PH.D.

Publication

Publisher:
 Nigeria Journal Of Management Sciences (NJMS), Benue State University, Benue State, Nigeria ( Journal )- Authorship – 100%
Publication Type:
 Journal
Publication Title:
 Forecasting The Entrepreneurial Assertiveness Of Nigerian University Students
Publication Authors:
 ANIFOWOSE OLADOTUN LARRY
Year Published:
 2015
Abstract:

Throughout many years of research and analysis, still there cannot be a complete explanation of behaviors towards business startup and entrepreneurship. Yet so far many do their papers, research and/or paper on this matter, searching for this matter in details is just like a psychology course, trying to figure a person and is/her personality all together, which is still merely impossible. Based on the impossibility issue of this subject and lack of resources, models where created to simplify the behavioral factors and to make them more understandable. Based on these models, factors such as family background, demographics and personality traits where focused on. All these models were made to give one answer and that is how students graduated from Federal University of Technology (FUTA) would behave towards entrepreneurship and business startups after graduation. General Enterprising Tendency (G.E.T.) I test was used to determine the answer of couple of hundred students on how they may behave towards starting a business , all the evidence and the test itself is given in the methodology part of this paper.

 
Publisher:
 Internation Institute Of Policy Review And Development Strategies
Publication Type:
 Journal
Publication Title:
 Islamic Financing As A Tool For Economic Transformation Using Nigeria As Case Study
Publication Authors:
 ANIFOWOSE OLADOTUN LARRY
Year Published:
 2015
Abstract:

Islamic financing is no doubt long overdue in Nigeria; Nigeria is a democratic country where we have freedom to do everything that is lawful according to the constitution of the country. The uniqueness of Islamic financing is to put into consideration to thrive and to consider while making policies that will guide the economy of the country to Favour everybody interest in the country. When this institution is put in place to thrive, the economy of Nigeria will grow at a very high speed, we cannot over emphasized the fact that Islamic financing will aid the economy of Nigeria to develop and make the people very hard working to achieve a common goal of making every Nigerian to get them self-busy to be able to make a living, as we all know, Islam do not encourage laziness or dependent on people, in other words Islam as a religion urges everybody to get involved in the creation of wealth for each and everyone in the country.

Finally, Islamic financing would be very beneficial in the growth of Nigerian economy, if well implemented by the managers of our economy in the next five to ten years. As a matter of fact, the economy will be what we all what it to be, the vision 20:20:20 of our great country can be articulated with great policies that will aid this Islamic financing in Nigeria. Growth and Global Developments in Islamic finance industry has evolved to become an essential part of the international financial system, witnessing tremendous growth both in terms of assets and geographical spread.

 
Publisher:
 ACTA Universities Danubius Economica,Vol.15 Issue 3/2019(Online ISSN:2067-340X,Print ISSN 2065-017)
Publication Type:
 Journal
Publication Title:
 “Military Expenditure And Institutional Quality On BRICS Inclusive Growth Based On World Bank Income Classification”,
Publication Authors:
 1. Anifowose Oladotun Larry
Year Published:
 2019
Abstract:
Empirical studies on military expenditure-growth nexus in individual countries and cross-national countries abound, however, to the best knowledge of the authors; there are no studies on the impact of military expenditure and Institutional quality on Inclusive growth. The objective of this paper is to fill the gap by investigate the impact of military expenditure and institutional quality on BRICS inclusive growth from 1984 to 2017. This paper adopted BRICS countries because they account for about 26.11 % of total world military expenditure. Due to the heterogeneous nature of BRICS countries, the countries were grouped into Upper Middle Income countries and Lower Middle Income countries using the World Bank Income Classification. In addition, corruption was adopted as the reliable proxy for institutional quality, since corruption is often a symptom of bad institution. The result of the impact of military expenditure and corruption on inclusive growth in the lower middle-income group indicates that military expenditure and corruption have positive and statistically significant effects on inclusive growth while the interactive term has negative and statistically significant effect on inclusive growth. This implies military expenditure reduces inclusive growth in the face of corruption. However, for the upper middle income, military expenditure is negative and significant as against that of lower middle income. Corruption and interactive term have negative effects on inclusive growth but both are statistically insignificant. 
Publisher:
 Satyam N Kandula On Behalf Of Institute Of Public Enterprise
Publication Type:
 Journal
Publication Title:
 Determinant Of South Africa’s Military Expenditure
Publication Authors:
 Anifowose Oladotun & Mabuyi Gumade
Year Published:
 2019
Abstract:
The study examines the determinants of South Africa’s military expenditure from 1970 to 2017. The study is based on the neoclassical theory to estimate the determinants of military expenditure for South Africa. The Autoregressive Distributed Lag (ARDL) estimation technique was employed. In conclusion, the result reported, revealed that four out of nine variables considered in this study were positive and signifi cant to determine South Africa’s military expenditure from 1970 to 2017. The positive and signifi cant variables are trade balance, democracy index, infl ation and external threats. 
Publisher:
 Acta Universitatis Danubius. Œconomica, Vol 15, No 4 (2019)
Publication Type:
 Journal
Publication Title:
 Determinants For BRICs Countries Military Expenditure
Publication Authors:
 Oladotun Larry Anifowose, Omolade Adeleke, Sophia Mukorera
Year Published:
 2019
Abstract:
The purpose of the paper is to use econometric methods to ascertain the main determinants of rising military expenditure in BRICS countries for the period of 1970 to 2017.The empirical result of the determinant for military expenditure of BRICS countries from 1970 to 2017 employed the panel data analysis approach. Based on the detailed theoretical and empirical literature on determinant for military expenditure, the neoclassical model was considered the best to analyzed determinant of BRICS countries military expenditure. BRICS countries political economy and security factors were incorporate for model specification. The determinant for military expenditure for BRICS include income, population, government expenditure, Security web (average military expenditure of neighboring countries within BRICS countries), internal threats and external threats. The economic, political and security factors are included. The empirical result suggest that BRICS countries military expenditure is mainly determined by its income, population, exchange rate, internal threats, inflation and political regime( proxy by democracy index). In conclusion, ,the result reveal that BRICS policy makers if they are interested in reversing their high unemployment and poverty rate should focus their attention on these encouraging the local production of their arms/ ammunition (military industries) which will create job opportunities for their teeming youthful population. This result is in line with the findings of (Tambudzai, 2011),(Brauer, 2002) and Hartley and (Sandler & Hartley, 1995).