Tag Archives: Consumption

How The Energy Sector Is Affecting Economic Growth? – Comparing The United Kingdom with India (Published)

A country’s economy depends heavily on energy. Economic productivity and industrial growth depend on the use of energy in modern economies. In a modern economy, energy is responsible for more than one-tenth of the cost of production but accounts for most industrial growth, according to Barney and Franzi (2002). The economy’s need for energy has grown at about the same rate as that of wealth. It is a fact that wealth creation is predominantly calculated based on the usage of energy by society. At the beginning of the 19th century, biomass is the preferred choice of fuel. Energy demand in the west and advanced economies increased more rapidly because of rising standards during the end of the 20th century. In most production and consumption activities, energy plays a significant role in economic growth. An analysis of the energy sector components and their impacts on economic progress in two countries, the United Kingdom and India, was conducted based on an analytical approach. It is found in both countries that energy efficiency and foreign direct investment (net inflows) are positively correlated. Both the United Kingdom and India have significant correlations between energy efficiency and GDP (percentage of GDP). Employment rates and energy efficiency go hand in hand in both countries. India’s GDP per capita growth (annual %) is positively correlated with energy efficiency (0.447). This study followed only the economic indicators from the World Bank Development Indicators report.

Citation: Merlin Atchuthen, and S. Sankara Muthu Kumar (2022) How The Energy Sector Is Affecting Economic Growth? – Comparing The United Kingdom with India, European Journal of Accounting, Auditing and Finance Research, Vol.10, No. 9, pp.13-23

Keywords: Consumption, Energy Efficiency, GDP, Inflation, Unemployment, per capita growth

Effects of Non-Timber Forest Products Consumption on Household Food Security Level in Oyo State, Nigeria (Published)

This paper thus assessed effects of Non-Timber Forest Products (NTFPs) in Oyo state on the household’s food security level. Multistage sampling technique was employed, firstly, purposive selection and ogbomoso agricultural zones of Oyo state, secondly, random selection of four (4) LGAs, random selection of 40% of blocks and random selection of a village from each of the selected blocks. Random selection of 3.5% of the women that involved in non-timber forest products in the study and this resulted into selection of 214 respondents for the study. Interview schedule was used to collect primary data from a respondents (women) based on the set objectives of the study.The mean age of the most of the respondents was 47years. The result of the finding also indicates that most of them were married and have a mean years of schooling was 12years which implies that most of them gad secondary school education. it was indicates that the three major religions were being practiced in the study area. The numerous opportunities accrued to the usage of forest products could be further exploited by educating rural women on other environmentally sustainable benefits of the non-timber forest products in their areas. It was also revealed that most households had an average of seven (7) members in their households. Polygamy system of marriage was the most widely adopted system in the study. Farming is the major livelihood activity and most of the respondents engaged in crop production in the study area. The mean farm size of most of the respondents was found to be 11.06 hectares while the mean years of farming experience was 23years. Most of the respondents did not belong to any social organizations. Most of the non-timber forest products were utilized majorly as food, fruits, medicine while some were utilized purposively as wrapping materials, oil, fuel, duck stock and construction/handcraft purposes. Most of the non-timber forest products identified in the study area were most commonly consumed at moderate level. Most of the households were highly satisfied with the utilization of the non-timber forest products in their households. The potentials embedded in the utilization of non-timber forest products were yet to be fully utilized in the study area. Women were found contribute to family nutrition through the utilization of non-timber forest in the study area. Most of the households were moderately food secured. The results of the analysis revealed that age (r=0.124*) and years of schooling (r=0.148*) were significantly related with household food security level. Based on the results of the finding, the following recommendations are necessary; more effort should also be made to create more awareness on the potentials in non-timber forest products utilization to further reduce poverty level in the study area, government and other stakeholders in agricultural development should intensify effort and give more support to the farmers in terms of financial, training, monitoring and other essential services in order to boost the level of production in the study area and more effort should be made to address the issue of poor labour supply in the study so as to reduce incidence of not able to carry out most of the farm activities and to aid timeliness in carrying out farm activities.

Keywords: Consumption, Food Security, Household, Nigeria, Oyo State, Products, non-timber forest

Formalin Content of Three Iced Fish Species (Mackerel, Horse Mackerel and Sadinella) Consumed In Calabar, Nigeria (Published)

The objective of this study is to determine the concentration of Formalin in three common species of iced fish namely; Mackerel, Horse mackerel and Sadinella consumed in Calabar, Cross River State of Nigeria. The aim is to ascertain whether the iced fishes consumed in Calabar contains formalin, and its concentration is within the permissible limits of the World Health Organization (WHO) in order to safeguard the health of the people. To achieve this, the samples were collected from the central market (Watt market) in Calabar and prepared by wet digestion method using a modified Nash’s reagent, and analysed using a UV spectrometer. The results of the analysis revealed that the average concentration of formalin in the three species of iced fish was 1.42, 1.83 and 2.20 mg/L for Mackerel, Horse mackerel and Sadinella respectively. Thus, the Formalin content of the fishes was in the order: Sadinella > Horse mackerel > Mackerel. These results indicate that the concentration of Formalin in the three species of iced fish consumed in the study area is low and within the permissible limit of WHO. Therefore, the consumption of these species of iced fish may not pose any health risk at the moment. However, effort has to be made by relevant authorities or agencies to ensure that Formalin-free ice fishes are not imported, produced or distributed for consumption in the State.

Keywords: Calabar, Concentration, Consumption, formalin, iced fish

The Effect of Socio-Economic Factors on Sustainable Food Consumption in Developing Economies (Published)

This study was aimed at determining socio-economic factors influencing sustainable food consumption in developing countries. Nigeria which is regarded as the ‘giant’ of Africa with a total population of over 200 million was used for the study. The growing global population has given an ardent need to focus specially on sustainability issues arising from food consumption. The Socio-economic domain dwells on food affordability while emphasizing the social acceptability of foods. Various economic and sociological theories such as Engels law, Keynesian theory and Veblenian theory were reviewed and previous empirical works in these areas discussed. Selected households from the south eastern part of Nigeria were used as respondents for the study and the formulated hypotheses tested with the use of multiple regression. Results reveal a significant relationship between product price, income and education, social groups and substitutes on food consumption. Findings were discussed and conclusions drawn thereof.

Keywords: Consumption, Economic, sociological, sustainable foods

Survey of Tilapia consumption in Benue State Nigeria: A case study of Makurdi Metropolis (Published)

This study examined and verified the interest of consumers on Tilapia consumption in makurdi metropolis Benue state. 50 structured questionnaires were used by random sampling techniques to collect Data from respondents. Statistical analysis was carried out using frequency distribution and statistical packages for social sciences (SPSS) the study reveals high consumers preference for Tilapia consumption, it was observed that family size and educational level have a significant positive effect on consumption of Tilapia. The result also revealed significantly high (p<0.05) tilapia consumption among married (60%) and students (48%). Family size of 6-10 accounted for 26% while 1-5 made up 18% consumption levels respectively. Fourteen percent (14%) of the study shows that tilapia consumption is high in Makurdi and can contribute to the economic growth of Benue state and Nigeria at large. Therefore, fish farmers should engage themselves in production of tilapia for improved wellbeing and overall benefits of farmers, marketers and the nation.

Keywords: Consumer preference, Consumption, Survey, Tilapia

Determinants of Cooking Energy Consumption among Farming Households in Owerri Agricultural Zone, Imo State, Nigeria (Published)

The 7th goal of UN Sustainable Development Goals targets ensuring access to affordable, reliable, sustainable and modern energy for all. The study investigated the determinants of cooking energy consumption among farming households in Owerri Agricultural Zone, Imo State. A multistage random sampling technique was used to select seventy-two respondents for the study. Questionnaire was the main instrument for data collection. Data collected were analyzed using descriptive statistics and ordered probit analysis. The result showed that the average age of the farmers, household size, and years of farming experience were 49.4years, 8 persons, and 20 years respectively. Majorities (73.62% and 97.23%) of the respondents were females and married. The revealed preferences of the households for cooking energy material in the study area were fuel wood (70.83%), kerosene (23.61%) and Liquefied Petroleum Gas (5.56%). Empirical results from the marginal effects after the ordered probit analysis indicates that sex and household’s income are the major determinants of cooking energy choice. It is recommended that measures aimed at increasing household’s income levels should be put in place by the government and the development of affordable, modern and cleaner cooking energy materials to reduce the negative effect of fuel wood use on the environment should be promoted.

Keywords: Consumption, Cooking Energy, Farming Households, Fuel Wood, Preference

Post Hazard Market Recovery Strategy on Consumer Patronage of Bush Meat in Nigeria (Published)

This study sought to evaluate bush meat markets in the aftermath of epidemic out break of the Ebola in Nigeria. In course of epidemics, governments institute regimes of enlightenment campaigns to stop or minimize the consumption, handling and processing of wild animals whens studies show that major segments of the population of countries like Nigeria  are at risk of contracting diseases. Also post epidemic, bush meat consumption drops, thereby giving rise to the need to encourage consumption. The major objective of this research is to empirically study post hazard market recovery strategies on consumer patronage of bush meat in Nigeria. The study was descriptive, using random sampling method to sample 250 respondents in two states of the South-east and South-south regions of Nigeria, applying a five point Likert style questionnaire with 87.3% Cronbach’s alpha value.  Analyses were done using SPSS version 22. First hypothesis was tested with the aid of Pearsons Chi square test producing a significant result. Binary regression analysis was used to fashion out a model for coordinated marketing effort. Three conclusions were reached, in the event of outbreak of an epidemic, “hazard factors” have to be emphasized in the campaign communication, secondly, countering and removing warnings about consumption will significantly affect consumption in  post epidemic period and finally the messages must be clear, credible, and consistent in an effort  to  impact consumption.  Finally, policy reappraisal and modification of present strategies have to be embarked upon to restore normalcy to the market for bush meat.

Keywords: Bush meat, Consumption, Epidemics, Market recovery, Marketing

Ethnobotanical Survey of Indigenous Leafy Vegetables Consumed In Ekiti State, Nigeria (Published)

In tropical Africa, leafy vegetables traditionally cooked and eaten as a relish together with starchy staple foods have undocumented long tradition in different culture. To identify and transfer this valuable heritage to the new generation, an ethnobotanical study was carried out to investigate and document the consumption and utilization level of indigenous leafy vegetables in Ekiti State, Nigeria. Information on the availability and the consumption of the leafy vegetables obtained from respondents from across the 16 Local Government Areas of the state through semi-structured questionnaire were documented. Assessment of the Socio-economic characteristics of the respondents revealed that women (56.25%) were more than men (43.75%). The respondents were more illiterate (66.67%) than literate (33.33%).  A total of 25 plant species belonging to 13 families were identified as being used as leafy vegetables for food and medicine, with variation in the level of their utilization in the study area. The succulent leaves and stems were the parts mostly used as food and medicine. The mostly consumed of these vegetables were Corchorus olitorius – consumed by 85.42% of the respondents, Amaranthus cruentus (83.33%) Talinum triangulare (81.25%) and Ocimum basilicum (78.54%). However, the least consumed vegetable was Myrianthus arboreus (8.33%) which was also found to be the most underutilized. Ekiti state is blessed with great diversity of leafy vegetables which are consumed differently for nutritional and medicinal purposes. However, proper orientation on the need to increase the consumption level and cultivation of some of these leafy vegetables by the people of the state is necessary.

Keywords: Consumption, Ethnobotanical survey, Nutritional, Underutilized., leafy vegetables, medicinal

Relationships among Sleeplessness and Consumer Decision Making Styles: An Investigation with Vocational High School Students (Published)

Sleeplessness is a common problem in modern world. But importance and results of sleeplessness in terms of consumer behaviors is an overlooked research area. Related studies take into consideration the issue in terms of health. Moreover there is not seen a field research evaluating this issue from this viewpoint in Turkey. Present study is conducted to point out possible relationships among sleeplessness and major consumer decision making styles. In order to reach this objective, a survey is applied to vocational high school students which are selected with convenience sampling. Gathered data is analyzed with statistical data analyzing program and results are interpreted. According to data analysis results, it is concluded that sleeplessness is positively related with “indecision and confusion” and “careless decision”. Moreover it is depicted that sleeplessness is negatively related with “shopping avoidance”. In summary, the idea of sleeplessness can have important role in consumer behavior is supported. Although research results cannot be generalized to all consumers, the results give important insights for young consumers. By taking into consideration the research results, more effective marketing decisions can be made especially by marketers targeting consumers who are young and face sleeplessness problem. Further the sleeplessness can be researched by scholars in terms of other consumer behavior and attitude dimensions like; post-purchase consumer behaviors, consumer price sensitivity, search behavior, consumer attention to advertising etc.

Keywords: Consumption, Sleeplessness, Sleeplessness and Consumer Decision Making Styles