Globalization And Economic Growth in Nigeria: A Cointegration Approach

Agbarha, Egberi Kelvin; Peter, Samuel Ajiri

doi:10.15640/jibe.v5n1a9

Cited by 2 publications

(2 citation statements)

References 2 publications

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“…Also, FDI Granger caused real estate development in the country. A Cointegration Approach was employed by (Agbarha & Peter, 2017) to explore the relationship between major globalization indicators and economic growth in Nigeria, the result showed that current FDI and one period lagged FDI, one period lagged exchange rate, current balance of payment and two period lagged openness of the economy to the outside world have a positive and significant impact on the level of economic growth in Nigeria. Industrialization is said to be a hallmark for modern economic growth and development but the Nigerian industrial sector has suffered from decades of low productivity and currently in state of coma.…”

Section: Literature Reviewmentioning

confidence: 99%

Globalization and Industrial Development in Nigeria: A Curse or Cure?

Omoyele

Ojo

Olanipekun

et al. 2021

OJBE

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The question whether globalization and its corresponding impacts carry a blessing or curse in developing countries has been a controversial issue among both the scholars and the policymakers, against this background this study provided an empirical answer to the question whether globalisation is a curse or cure to industrial development in Nigeria between 1990 and 2019 within the framework of the Fully Modified Ordinary Least Squares (FMOLS) and Granger causality test. Consequently, the following principal findings emerged in this study. Firstly, both FDI inflows and trade openness which depict economic globalization had a negative relationship with industrial development respectively. Though, trade openness was significant while FDI inflows showed otherwise. In the same vein, a unidirectional causality ran from manufacturing value added to FDI inflows. However, no feedback relationship existed between trade openness and manufacturing value added. Therefore, this study submits that economic globalization is a curse to industrial development in Nigeria because the wave of economic globalization contributed a significant reduction in manufacturing value added in Nigeria in the last three decades. From these findings, the current wave of economic globalization could be a cure to industrial development in Nigeria, if only the policymakers in the country embark on policies that would drive the largest proportion of the inflows of FDI in the direction of manufacturing sub sector in the country. Similarly, all hands must be on deck by all the relevant stakeholders to ensure that manufactured products in Nigeria possesses value added quality to facilitate their competitiveness in the global market.

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Section: Literature Reviewmentioning

confidence: 99%

Globalization and Industrial Development in Nigeria: A Curse or Cure?

Omoyele

Ojo

Olanipekun

et al. 2021

OJBE

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“…Notably, when employees are not satisfied, it decreases the capital market (Okoro, 2014;Okoro, 2016) and economic growth (Egberi & Samuel, 2017;Okoro & Egberi, 2019). Whilst we acknowledged the numerous empirical studies on workplace nepotism and employees' job satisfaction in both developed and developing countries, there are limited works of literature on whether nepotism in the workplace does influence employees' job satisfaction among healthcare organisations in Nigeria; hence, this study was carried out with the view to assessing workplace nepotism and employees' job nexus of selected healthcare companies in Nigeria.…”

Section: Introductionmentioning

confidence: 99%

Workplace Nepotism and Employees’ Job Satifaction in Nigeria: Does it Affect Healthcare Companies?

Ufuoma

2023

International Journal of Entrepreneurship and Business Innovati

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In recent times, workplace nepotism has become a prevalent issue facing small, medium and large companies; hence, it has turned out to be a major discussion among management practitioners and researchers. Besides, while we acknowledged the plentiful studies on workplace nepotism and employees’ job satisfaction nexus, there is limited literature on whether nepotism in the workplace does affect employees’ job satisfaction among healthcare companies in Nigeria. In view of the above, this study assessed workplace nepotism and employees’ job nexus of selected healthcare companies in Nigeria. The study used a sample of three hundred and ten (310) respondents, which were selected via a purposive sampling technique. Data obtained were analysed using descriptive (mean, standard deviation, skewness, kurtosis, and Pearson correlation), diagnostic (variance inflation factor) and inferential (multiple regression) statistical tools. Findings indicated significant and negative relationships between workplace nepotism dimensions (gender and ethnic divides) and employees’ job satisfaction. Given the findings, it was recommended that the management of healthcare companies should strive towards overseeing the divides in gender and ethnicity so as to cushion the effect on employees’ job satisfaction. Additionally, there is a need for healthcare companies’ management to set up measures aimed at fitting the divides in gender and ethnicity in order to encourage harmony among employees.

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Globalization And Economic Growth in Nigeria: A Cointegration Approach

Cited by 2 publications

References 2 publications

Globalization and Industrial Development in Nigeria: A Curse or Cure?

Globalization and Industrial Development in Nigeria: A Curse or Cure?

Workplace Nepotism and Employees’ Job Satifaction in Nigeria: Does it Affect Healthcare Companies?

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