NOTE: Babcock Journal of Economics (BJOE) is an offshoot of Babcock Journal of Economics, Banking and Finance (BJEBF). As the result of growth and development over time, the former Department of Economics, Banking and Finance evolved into two separate departments - Department of Economics and Department of Finance. Papers in volumes 1 to 6 were published in the BJEBF, while papers in volume 7 and above are published in the BJOE.
Our Vision
Babcock Journal of Economics seeks to publish cutting edge applied and policy-oriented research findings in the field of economics, which are capable of stimulating interests in further research.
Our Mission
The Journal strives to foster dialogue between researchers, policy makers and economic managers to identify policies that drive the understanding of the dynamic issues in economic management in the developing, emerging and developed economies.
Publisher
Department of Economics
Babcock University, Ilishan-Remo, Ogun State, Nigeria
Contact Address
Editorial Office
Department of Economics
Babcock University, Ilishan-Remo, Ogun State, Nigeria
Email: journal.economics@babcock.edu.ng
Editorial Board
E. O. Lawal, PhD Editor-in-Chief
A. T. Okwu, PhD Assistant Editor-in-Chief
Professor J. O. Ajibola
O. G. Awolaja, PhD
D. C. Musa, PhD
O. Oyedele, PhD
A. B. Adeleke Board Secretary
Consulting Editors
Professor J. A. Fabayo (Obafemi Awolowo University, Ile-Ife, Nigeria)
Professor S. A. Tella (Olabisi Onabanjo University, Ago-Iwoye, Nigeria)
Advisory Editors
M. J. Ngoepe-Ntsoane, PhD (University of South Africa, Pretoria, South Africa)
I. J. Ezema, PhD (University of Nigeria, Nsukka, Nigeria)
C. I. Ugwu, PhD (University of Nigeria, Nsukka, Nigeria)
Objective
The objective of the BJOE is to publish high-quality theoretical, empirical and methodological research in the fields of economics. The articles published must meet high standards of scholarship. The papers should make significant contributions to the economic discipline, and simulate interest in further research.
Editorial Policies
In line with the editorial objectives of BJOE, priority shall be given to the following
- Theoretical research: Studies that are derived from conceptual or theoretical issues and provide additional insights into the issues.
- Empirical research: Studies that re-examine important empirical work using alternative theoretical or empirical frameworks, or different data sets. These studies often involve experimental designs and multivariate techniques that examine relationships among variables, which yield numeric and synthesised outputs.
- Methodological research: Studies that present new approaches to analysing data or addressing research problems.
- Review articles: Surveys that review and critically evaluate the literature. A review article must go beyond summarising previous research. It must provide a critical and integrative evaluation of prior research, develop a conceptual framework to explain contradictory findings and suggest directions for further research.
The BJOE also encourages and welcomes papers that use an interdisciplinary approach in analysing issues as well as those that use multiple research methods to support hypotheses.
Publication Details
The BJOE is published in the frequency of two issues in a year. Unless otherwise noted, the ideas, opinions, and conclusions expressed in the BJOE are those of the authors and not necessarily those of the Editorial Board of the Journal or the Department of Economics or Veronica Adeleke School of Social Sciences or the Management and staff of Babcock University.
Review Process
Papers are subjected to blind peer review by selected experts in the field of economics. The review process for a paper submitted to the Journal is completed within three months. The reviewed paper will be sent to the authors for revision, where applicable. The decision taken on the paper (accepted or rejected) will be communicated through the corresponding author. The Editorial Board of BJOE reserves the exclusive right to keep copies of all papers submitted to the Journal. However, author(s) of a rejected paper is free to submit it to any other publication outlet.
Paper Format
A manuscript must be prepared in MS word format with Times New Roman 12 pt. font, and margin of one inch (1”) on all sides, and double line spacing. The right-hand margin must have justified alignment. Where necessary, equations must be numbered. Footnotes should not be used for reference purposes. All references and/or content notes must be placed at the end of the paper. A paper must be a maximum of 30 pages, including tables, figures, references and appendices. All tables and or figures must be sequentially numbered and appropriately titled and where necessary sources should be placed at the base. The abstract of a paper must essentially summarise the background and objective of the paper, methodology employed, major findings and recommendations, and must be a maximum of 150 words in length. The abstract must be written in past tense, and no in-text citation must be contained in it. Maximum of five key words must be provided underneath the abstract. Maximum of five (5) Journal of Economic Literature (JEL) classifications codes must be provided. All in-text citations must be fully listed in the references with the relevant DOI or links, if available.
Referencing Style
The referencing must adhere strictly to the American Psychological Association (APA 7) style. The in-text citations must indicate only the surname(s) of the authors and year of publication. Where there are more than two authors, only the surname of the first author must be indicated, followed by et al., then the year of publication.
Abidemi, O. I. and Malik, S. A. A. (2010). Analysis of inflation and its determinant in Nigeria. Pakistan Journal of Social Sciences, 7(2), 97–100.
Thirlwall, A. P. (1997). Reflections on the concept of balance-of-payments-constrained growth. Journal of Post Keynesian Economics, 19(3), 377–385.
Books:
Schumpeter, J. A. (1912). The theory of economic development: An inquiry into profits, capital, interest and the business cycle. Cambridge: Harvard University Press.
Dwivedi, D. N. (2013). Macroeconomics: Theory and policy, third edition”, New Delhi: Tata McGraw Hill Education Private Limited.
Becker, G. (1993). Human capital: A theoretical and empirical analysis, with special reference to education”. (3rd Ed.), Chicago: University of Chicago Press.
Edited Books:
Soukiazis, E. & Cerqueira P. A. (2012). Models of balance of payments constrained growth. In Soukiazis, E. & Cerqueira P. A. (eds.), History, theory and empirical evidence. Basingstoke, UK: Palgrave Macmillan.
Presented Papers:
Olatunji, G. B. Omotesho, O. A., Ayinde, O. E. and Ayindo, K. (2010). Determinants of inflation in Nigeria: A co-integration approach. Paper presented at the Joint 3rd African Association of Agricultural Economists, 5-6 November, Lagos.
Conference Proceedings:
Okwu, A. T. (2016). Migrants’ remittances and economic growth in Africa: A longitudinal data analysis. Proceedings of 37th International Business Research Conference, 1-2 August 2016, Las Vegas, USA.
Working Papers:
Khan, A. A., Bukhari, S. K. H. and Ahmad, Q. M. (2007). Determinants of recent inflation in Pakistan. MPRA Working Paper Number 16254.
Oleg, D; Kajurova, V. and Stavarek, D. (2013). Testing rational speculative bubbles in Central European stock markets. MPRA Paper No. 46582. www.mpra.uni-muenchen.de
Vargas-Silva, C., Jha, S. and Sugiyarto, G. (2009). Remittances in Asia: Implications for the fight against poverty and the pursuit of economic growth. Asian Development Bank Working Paper Series (WPS) Number 101409.
Institution Papers:
Catrinescu, N., Leon-Ledesma, M. Piracha, M. and Quillin, B. (2006). Remittances, institutions, and economic growth. Discussion Paper Series (IZA), No. 2139. Bonn, Germany: Institute for the Study of Labor.
Unpublished Works (e.g., research projects, theses, dissertations):
Okwu, A. T. (2013). Business environment and the performance of small and medium enterprises in Lagos State, Nigeria. Unpublished Thesis submitted for the award of Doctor of Philosophy (PhD) degree, Babcock University, Nigeria.
Dissou, Y. Didic, S. and Yakautsava, T. (2012). Government spending on education, human capital accumulation and growth. Unpublished research work submitted for award of Bachelors of Science (BSc,) degree, University of Ottawa, Ontario, Canada.
WHO (2005). Achieving universal health coverage: Developing the health financing system. Technical Briefs for Policy Makers. Geneva: Department of Health System Financing, WHO.
Xu, K., Evans, D. B., Carrin, G. and Aguilar-Rivera, A. M. (2005). Designing Health Financing Systems to Reduce Catastrophic Health Expenditure. Technical Briefs for Policy Makers. Geneva: World Health Organisation (WHO).
Onoka, C. A., Onwujekwe, O. E., Hanson, K. & Uzochukw B. (2010). Measuring catastrophic health care expenditures in Nigeria: Implications for financial risk protection. Nsukka: Research Brief, Health Policy Research Group, College of Medicine, University of Nigeria.
Le Goff, M. and Salomone, S. (2013). Remittances: A lifeline for developing countries?
http://www.ferdi.fr/sites/www.ferdi.fr/files/pictures/le_goff_and_salomone.pdf.
Oleg, D., Kajurova, V. and Stavarek, D. (2013). Testing Rational Speculative Bubbles in Central European Stock Markets. MPRA Paper No. 46582. www.mpra.uni-muenchen.de.
Submission of Initial Manuscript
Manuscripts must not have been published or accepted for publication elsewhere. Author(s) or the corresponding author, as the case may be, must email their submissions to the Editorial Board of the Journal at journal.economics@babcock.edu.ng. The author(s) of the submitted manuscript must be prepared to pay the necessary processing fee (where applicable) as prescribed by the Editorial Board from time to time.
Submission of Initial Manuscript
Manuscripts must not have been published or accepted for publication elsewhere. Author(s) or the corresponding author, as the case may be, must email their submissions to the Editorial Board of the Journal at journal.economics@babcock.edu.ng. The author(s) of submitted manuscript must be prepared to pay the necessary processing fee (where applicable) as prescribed by the Editorial Board from time to time.
Submission of Final Manuscript
The corresponding author of a manuscript that has been accepted for publication must send the final version of the paper as an email attachment to the Editorial Board at journal.economics@babcock.edu.ng. The author(s) of the submitted manuscript must be prepared to pay the necessary processing and publication fees (where applicable) as prescribed by the Editorial Board from time to time.