OKEDELE, GRACE IFEOLUWA and Covenant University, Theses (2022) MANUFACTURING SECTOR PERFORMANCE AND EMPLOYMENT IN NIGERIA: THE INTERACTIVE ROLE OF INFRASTRUCTURE. Masters thesis, COVENANT UNIVERSITY.
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Abstract
The manufacturing sector remains a major contributor to industrialisation and an essential contributor to employment generation in the economy. Hence, the importance of the development of the sector to achieve industrialisation and massive employment generation. The manufacturing sector in Nigeria is researched to be faced with stunted growth which has limited its capacity to generate employment and contribute to industrialisation. Thus, the need to examine channels through which the performance of the manufacturing sector can be enhanced to improve its employment generation capacity. This study, therefore, investigates the interactive role of infrastructure in the relationship between manufacturing sector performance and employment. The study, thus, employs Autoregressive Distributed Lag (ARDL) estimation technique and finds that manufacturing sector performance positively impacts on employment in the short run but does not have a significant impact in the long run. Some control variables including government expenditure, interest rate, foreign direct investment and gross capital formation were employed. The findings from the analyses reveals that government expenditure, interest rate, and foreign direct investment have significant effect on employment in the short and long run while gross capital formation was significant only in the short run. Furthermore, employing the interaction effect model to examine the interactive role of infrastructure in the relationship between manufacturing sector performance and employment, the study finds that the interaction between access to electricity and manufacturing sector performance significantly and positively impacts on employment while the interaction between medium-high technology and manufacturing sector performance negatively but significantly impacts on employment. The study, hence, recommends that more attention be paid to the manufacturing sector by the Nigerian government and other relevant policy agencies to improve the capacity of the sector to generate more employment opportunity particularly through the increased accessibility and availability of infrastructure.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Access to electricity, Employment in Industry, Interaction effect, Manufacturing sector performance, and Medium and high technology. |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
| Divisions: | UNSPECIFIED |
| Depositing User: | AKINWUMI |
| Date Deposited: | 13 Oct 2022 11:18 |
| Last Modified: | 13 Oct 2022 11:18 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/16336 |
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