An econometric analysis of small‐ and medium‐scale enterprises and employment creation in Nigeria

Timothy Ayomitunde Aderemi, Adedayo Mathias Opele, Johnson Ifeanyi Okoh and Mamdouh Abdulaziz Saleh Al‐Faryan

Managerial and Decision Economics, 2023, vol. 44, issue 3, 1624-1633

Abstract: This study examined the relationship between small‐medium enterprises and employment in Nigeria. Annual data extracted from the ILO, WDI and CBN databases from 1991 to 2019 was subjected to various econometric techniques. The summary of findings that erupted in this work is as follows. Commercial banks loans to SMEs stimulate a significant employment creation in Nigeria. SMEs jobs have a significant positive contribution to employment creation in the country. Steaming from the findings of this study, whenever these policymakers want to create employment, policy and programmes that drive the expansion of SMEs oriented jobs should be implemented in the country.

Date: 2023
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https://doi.org/10.1002/mde.3770

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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:44:y:2023:i:3:p:1624-1633

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