International Journal of Social Science & Economic Research
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Title:
WHETHER SELF-EMPLOYMENT AFFECTS UNEMPLOYMENT: A NEW EVIDENCE FROM NIGERIA

Authors:
Nanshuwan Victor Datom, Bakle Sekyen

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1Nanshuwan Victor Datom, 2Bakle Sekyen
1. Institute of Education, Bursary Department University of Jos, Plateau State
2. Business Education Department, Federal College of Education Pankshin

MLA 8
Datom, Nanshuwan Victor, and Bakle Sekyen. "WHETHER SELF-EMPLOYMENT AFFECTS UNEMPLOYMENT: A NEW EVIDENCE FROM NIGERIA." Int. j. of Social Science and Economic Research, vol. 4, no. 11, Nov. 2019, pp. 6754-6768, ijsser.org/more2019.php?id=515. Accessed Nov. 2019.
APA
Datom, N., & Sekyen, B. (2019, November). WHETHER SELF-EMPLOYMENT AFFECTS UNEMPLOYMENT: A NEW EVIDENCE FROM NIGERIA. Int. j. of Social Science and Economic Research, 4(11), 6754-6768. Retrieved from ijsser.org/more2019.php?id=515
Chicago
Datom, Nanshuwan Victor, and Bakle Sekyen. "WHETHER SELF-EMPLOYMENT AFFECTS UNEMPLOYMENT: A NEW EVIDENCE FROM NIGERIA." Int. j. of Social Science and Economic Research 4, no. 11 (November 2019), 6754-6768. Accessed November, 2019. ijsser.org/more2019.php?id=515.

References

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Abstract:
This study focused on whether self-employment reduces unemployment in Nigeria using the most recent and high frequency time series dataset for the period 1991Q1 to 2018Q4 It was revealed from a pre diagnostic test through Phillip-Perron unit root that all the variables are stationary after first difference. Johansen and Julius (1990) and Engle and Granger (1987) cointegration analysis validated the dynamic long run relationship running from self-employment, real gross domestic product and trade openness to unemployment. Empirical results from ordinary least square confirmed that, there exist positive link between self-employment and unemployment though statistically insignificant. By inference, any rise or fall in unemployment would lead to an increase or fall in the number of persons joining the self-employed sector. Since this study justified the plausible role entrepreneurial activity play in reducing unemployment, it however submitted that Nigeria should continue to promote self-employment by granting the sector soft loans as well as making the environment conducive for their business to thrive.