Demorgraphic Transition Variables and Economic Outcomes in Nigeria
Onyinye Ifeoma Ochuba and
Sigah Donny Marclary Ayibazuomuno
Additional contact information
Onyinye Ifeoma Ochuba: University of Africa, Toru orua, Bayelsa State, Nigeria
Sigah Donny Marclary Ayibazuomuno: University of Africa, Toru orua, Bayelsa State, Nigeria
International Journal of Research and Scientific Innovation, 2023, vol. 10, issue 2, 10-18
Abstract:
The study examined the theory of demographic transition in the context of the Nigerian economy. This follows findings from literature that population in its entity does not translate to economic growth, rather specific demographic partitions. Using such demographic transition theory variables as Birth Rate, Death Rate, Female Primary School Enrollment (proxy for education) and Mobile Cellular Subscription (proxy for technology) as explanatory variables and Gross Domestic Product (proxy for economic growth) as dependent variable, the study adopted the econometric tools of ADF unit root test, Johansen Cointegration test and Parsimonious ECM to treat data from World Bank indicators and Central Bank of Nigeria statistical bulletin for a period of 30 years (1990 – 2019). The data output confirms a positive but insignificant relationship between birth rate and economic growth. Technology has a positive and significant relationship with economic growth while education and death rate have negative relationship with economic growth. The study suggests amongst other things adoption and deliberate investment in technological advancement in Nigeria, complete overhaul of the primary school system in country as this is the bedrock of education world over. Also, adequate investment should be made in the health sector to improve the current health outcomes which have resulted in very high death rate.
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.rsisinternational.org/journals/ijrsi/d ... 10-issue-2/10-18.pdf (application/pdf)
https://www.rsisinternational.org/virtual-library/ ... tm_campaign=Krishuo1 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bjc:journl:v:10:y:2023:i:2:p:10-18
Access Statistics for this article
International Journal of Research and Scientific Innovation is currently edited by Dr. Renu Malsaria
More articles in International Journal of Research and Scientific Innovation from International Journal of Research and Scientific Innovation (IJRSI)
Bibliographic data for series maintained by Dr. Renu Malsaria (ijrsi@rsisinternational.org).