International Journal of Economic, Finance and Business Statistics (IJEFBS)
Vol. 1 No. 1 (2023): October 2023

Economic Growth, Demography and Social Change in Nigeria: An ARDL Analysis

Shuaibu Mukhtar (Kebbi State Polytechnics Dakingari)



Article Info

Publish Date
31 Aug 2023

Abstract

Nigeria is estimated to have over 200 million people, this make it necessary for Nigerian government to be very watchful of demographic transition. Effect of population on economic growth is relative. Nigeria found herself in between the two extreme positions, thus it needs to (very well) be mindful of how its population growth. This paper has tested two models that try to explain the relationship between social change, population growth and economic growth, using the econometric techniques of ARDL cointegration and Multiple regression analysis. It findings show that population growth affect economic growth in Nigeria; while birth rate affects economic growth positively, death rate affects economic growth negatively. It also shows that net migration, health expenditure and labour force affect economic growth. Population growth is affected by economic growth, labour force and health expenditure.

Copyrights © 2023






Journal Info

Abbrev

ijefbs

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Economic, Finance and Business Statistics (IJEFBS) is an academic and professional peer-reviewed international journal covering the broad area of economics, finance and business issues & operations, as well as, trade policies, rules, trade-related agencies & organizations. ...