Asian Journal of Economics, Business and Accounting <p style="text-align: justify;"><strong>Asian Journal of Economics, Business and Accounting (ISSN: 2456-639X)</strong> aims to publish high quality papers (<a href="/index.php/AJEBA/general-guideline-for-authors">Click here for Types of paper</a>) in all areas of ‘Economics, Business, Finance and Accounting’. This journal facilitates the research and wishes to publish papers as long as they are technically correct, scientifically motivated.</p> en-US (Asian Journal of Economics, Business and Accounting) (Asian Journal of Economics, Business and Accounting) Thu, 17 Sep 2020 09:27:19 +0000 OJS 60 Assessment of the Methods Employed in the Valuation of Intellectual Property in Lagos State, Nigeria <p>The study investigated the methods employed in the valuation of IP in Lagos State, Nigeria; examined the relationship between method of intellectual valuation and academic qualification of estate surveyors and valuers. We adopted a quantitative survey and questionnaire as instrument for gathering relevant data from stakeholders in the study area. The findings revealed that the traditional method; cost method (M = 1.99, SD = 0.108; market method (M = 1.96, SD = 0.186) and income method (M = 1.86, SD = 0.350) are the most commonly used methods for valuing IP in the study area. The result also shows a significant relationship between traditional methods of IP valuation and academic qualification of estate surveyors and valuers; cost method ( = 1.377, p = 0.013), market method ( =1.367, p = 0.033), income method ( &nbsp;= 15.073, p = 0.002), profit/account method ( &nbsp;= 13.467, p = 0.004) and discounted cash flow ( &nbsp;= 1.595, p = 0.024). The study thereby conclude that estate professionals are more aware and conversant with the traditional method than the advanced method of valuation. Therefore, estate professionals will need to ensure clear understanding of the various methods of valuing intellectual property and their application.</p> Olaoluwaniyi Ebenezer Eburu, Victoria Amietsenwu Bello ##submission.copyrightStatement## Thu, 17 Sep 2020 00:00:00 +0000 Exploring the Relationships among Exchange Rate, Foreign Investment and Economic Growth Using Time Series Econometric Approaches: The Case of China’s Guangdong Province <p>As the Chinese government has been trying to promote the <em>Belt and Road Initiatives </em>and enhance the openness of its economic development, it is important to study and understand the depreciation/appreciation mechanism of Chinese yuan (CNY), especially how this affects or is affected by some key economic growth and openness measures like gross domestic product (GDP) and foreign direct investment (FDI). This paper is just to examine the short-run dynamics and long-run equilibrium relationships among the three important macroeconomic time series of CNY exchange rate, FDI and GDP. Twenty-year annual data from 1996 to 2015 for the top ten cities (in terms of GDP) in Guangdong, one of the economically influential provinces in China, are specifically collected for the study. The panel unit-root test, Johansen-Fisher cointegration test, Granger causality test, and vector autoregression (VAR) model are applied to analyze the data for exploring long-run relationships. Vector error correction (VEC) model and block exogeneity Wald test are also adopted to examine the short-run dynamics. Key research results include that, there is a long-run cointegration relationship among exchange rate, FDI and GDP, FDI and GDP are the long-run Granger causes of exchange rate such that FDI positively affects exchange rate whle GDP negatively influence exchange rate, and FDI is also the short-run Granger cause of exchange rate but the short-run relationship is negative. Discussions, and policy implications and future research directions are presented finally.</p> Ming-Lu Wu ##submission.copyrightStatement## Sat, 19 Sep 2020 00:00:00 +0000