Tourism, Trade and Self-employment Growth in West Africa: Evidence from Ghana, Nigeria and Cote d'Ivoire

Jimoh Olakunle Saka ()
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Jimoh Olakunle Saka: Department of Economics, Lagos State University, Ojo (Nigeria)

Management & Economics Research Journal, 2021, vol. 3, issue 1, 44-59

Abstract: This study attempts to evaluate the relationship between tourism and trade and self-employment growth in Ghana, Nigeria and Cote d'Ivoire using a time series data spanning the period 1991-2019. In this study, an applied GMM approach was employed. Results show that export and import trade, development assistance and personal remittance flows significantly spur self-employment during the study period while indicators of tourism activities represented by the number of tourist arrivals retard growth of self-employment but increase export trade in these countries. On this basis, the business atmosphere and infrastructural facilities should be improved to sufficiently boost the relationship between trade and tourism and hence spur self-employment growth in these countries.

Keywords: Tourism; Trade; Self-employment; GMM (search for similar items in EconPapers)
JEL-codes: F10 J21 Z30 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alv:journl:v:3:y:2021:i:1:p:44-59

DOI: 10.48100/merj.2021.155

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