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Investigating the Effects of Tourism and Remittance Inflow on Economic Growth in Nigeria Ojonta, Obed I.; Eze, Chikodili; Nebo, Ifeanyi Kennedy; Eze, Afamefuna Angus
Unisia Vol. 42 No. 2 (2024)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/unisia.vol42.iss2.art9

Abstract

The importance of economic growth in stimulating the overall production of goods and services cannot be overemphasized. The tourism sector and remittance inflow have been found to be relevant factors in explaining Nigeria's economic growth dynamics. To this end, this study focuses on investigating the effects of tourism and remittance on economic growth in Nigeria. The present study is different from the existing studies in two ways. First, this study employed the ordinary least square technique and dataset from 1981 to 2021. Second, our study adopted two variables: personal remittances and number of tourism arrivals. These variables were used to measure remittance inflow and tourism. The study revealed that tourism and remittance inflow are positive and significantly impact economic growth in Nigeria. This suggests that tourism and remittance inflow offer important channels for promoting economic growth. Hence, the policy recommendations from this study are based on our findings.
Re-evaluating the impact of unemployment rate on Health outcomes in Nigeria using an ARDL approach Eze, Afamefuna Angus; Amedu, Amos Nnaemeka
Journal of Economics Education and Entrepreneurship Vol 6, No 1 (2025): JEE, APRIL 2025
Publisher : Program Studi Pendidikan Ekonomi FKIP Universitas Lambung Mangkurat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20527/jee.v6i1.13073

Abstract

This study examines the impact of unemployment rate on health outcomes in Nigeria from 1985 to 2022. The study adopts the annual time series data obtained from Central Bank of Nigeria (CBN, 2022) Statistical Bulletin and World Development Indicators (WDI, 2022). This study uses life expectancy and child mortality as the two metrics for health outcomes. The ARDL Bounds Test for co-integration shows there exists long run relationship between the variables. The study employed the ARDL model and results show that unemployment rate has negative and positive impacts on the two metrics respectively in both the short run and long run. While other variables like population growth, total labor force, and government expenditure on health show statistically significant impact on life expectancy in Nigeria. The granger causality test shows that there is a bi-directional causality between unemployment rate and child mortality rate in Nigeria; whereas there is no causality running from unemployment rate to life expectancy rate in Nigeria. The study recommends that to improve life expectancy and reduce child mortality, there should be an investment in primary healthcare, health awareness campaigns, education, sustainable economic growth, social safety nets, population control strategies, and a skilled labor force.