Academic Research
Carbon Tax: Means of achieving Canada target on Greenhouse gas emissions? IBM Watson Analytics (2016)
Climate change has become the greatest threat to humanity. British Columbia’s Carbon Tax has been viewed by the rest of the world as Canada’s first attempt to combat climate change.
I analyze the consumption of fuels and the trend of Greenhouse emissions using IBM Watson Analytics and a program evaluation technique in linear regression. I conclude that Carbon Tax has been effective in reducing greenhouse gas emission but a comprehensive climate change plan would include a combination of other policies.
Carbon Tax: Means of achieving Canada target on Greenhouse gas emissions? An Econometrics approach (2016)
In 2008, the government of British Columbia introduced a Carbon tax policy to help reduce greenhouse gas emission. This was seen as an effort within Canada to show that provinces are willing to join the fight against climate change.
The progressive carbon tax introduced by BC is evaluated using the difference-in-difference approach. My results suggest a significant decrease in total fuel consumption (gasoline and diesel) by about 10% over the period of 2008 – 2013. This is similar to the literature that has used different techniques
The implications of global oil prices on local housing markets: The case of US and Canada. (Co-authored 2016)
This empirical analysis investigates the implications of global oil prices on local housing markets in the United States and Canada.
By understanding this relationship, a country will be able to better forecast how the housing market will behave in face of an oil price change. This research will enable policymakers, using forecasts for oil prices, to predict the behavior of the housing market in oil exporting economies.
Using the Pesaran and Shin approach for nonheterogenous panels, our estimation results show that oil prices have a stable, positive and persistent impact on the housing market, although this positive impact is larger in smaller cities.
An Econometric analysis: The impact of family background on the success of an individual’s economic outcome in Canada. Co-authored (2015)
Using simple regression, the report investigation reveals that individuals with a high level of education earn higher, however, immigrants with a similar level of education as their domestic counterparts earn a lower income.
An appraisal of the cashless economy policy of Central Bank, Nigeria (2013)
This study seeks to appraise the cashless economy policy of central bank of Nigeria. In particular to expose the possible challenges and prospects to the Nigeria economy. Among others, it seeks to assess the preparedness of Nigerians by taking a close look at Nigerians level of awareness and preparedness for this policy in term of their level of education and infrastructural development.
The study therefore used a structured questionnaire as a means of data collection and the processed data were analyzed using simple percentage and Chi-square analysis. The results based on perception indicated that though the majority of Nigerians were already aware of the policy, the results from the analysis showed that a lot of work needs to be done by the Nigerian policy makers in terms of infrastructure and level of literacy and as such Nigeria is not ready to go cashless.
Based on these findings , some recommendations were made which included: that Government should pursue the availability of sufficient and well functioning infrastructural facilities (Notably electricity and POS), and a frame work to provide cyber security in Nigeria.
In addition the Government should adopt a strategy to educate the non literate Nigerians about the cashless economy. This study, therefore lent support to the conclusion that the shifts towards a cashless Nigeria, seems to be beneficial though it comes with high level of concern over security and management cost resulting from its implementation.