Macro Economics

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Browsing Macro Economics by Author "Ariyo, Ademola"

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    Study of data collection procedures
    (The African Economic Research Consortium, 1998-03) Ariyo, Ademola; Adeniran, Adebisi
    TheproblemofinconsistencyofAfricandataisnotnew.Thedeterminationofthenature andseverityofthisphenomenon,however,hasbecomeofmuchconcerntointerested observers.TheapropriatenesofthisconcernisreinforcedbythenedofAfrican countriesfortimelyandacuratedatainordertoensurethesucesfulimplementation oftheireconomicreformprogrames.Inthisregard,curentresearchhaspointedout widedivergencesinAfricandatapublishedbyvariousinternationalorganizationsas welasthecentralstatisticalorganizationsandotherpublicagenciesineachcountry. Aspartoftheconcertedefortstoidentifythemajorcausesofthedataproblem,this studyidentifiesthesimilaritiesandmajordiferencesindatageneratingandmanagement activitiesamongselectedorganizations.Twodata-generatingagenciesinNigeriawere alsocoveredbecauseaprecedingstudy,whosefindingspromptedthisresearch,was basedonNigeriaasacasestudy.Thefindingssugestwidedivergencesindefinition andmeasurementofconceptsadoptedbytheseorganizations.Thewidespreadnon- renditionand/ortheinadequacyofreturnsbyAfricanmembercountriestotheinternational andmultilateralinstitutionsalsonecesitaterelianceonstafestimatesassubstitutesfor misingdata.Theselargelyacountforthesignificantdiferencesindataonidentical indexesreportedonthesamecountrybytheseorganizations.Thereportthereforesugests thedevelopmentandenforcementofgeneralyaceptedstatisticalprocedures.Italso advocatestheidentificationandsatisfactionofdata-relatedcapacitynedsofeachAfrican country.