Record Details

New Business Creation, Economic Growth and Poverty in Nigeria

Advances in Applied Economics and Finance

View Archive Info
 
 
Field Value
 
Title New Business Creation, Economic Growth and Poverty in Nigeria
 
Creator Garba, Abubakar Salisu; Department of Business Admin and Management, School of Management Studies, Kano State Polytechnic, Nigeria
 
Subject Business creation, Entrepreneurship, Economic growth, Poverty
 
Description Abstract The objective of the paper is to determine the effect of economic growth and poverty on new business creation. New business creation is seen as something good for the economy which takes different forms with varying degree of impact on country’s economic performance. Economic growth and poverty issues are highly essential in any socio-economic discourse. Understanding their influence on business creation could help in providing information on the nature of entrepreneurial activity in a country. The paper used time series data for 30 years in which vector autoregression (VAR) model was used for analysis. It is found that economic growth and poverty negatively affect new business creation but the null hypotheses that economic growth and poverty does not Granger caused new business creation are accepted. Most of the previous studies examined the influence of entrepreneurship on economic growth and there is paucity of research measuring the effect of poverty on entrepreneurship. It may be of interest to other researchers to find out why the relationship between poverty and business creation is not positive in some developing countries despite high incidence of poverty.
 
Publisher World Science Publisher
 
Contributor Nil
 
Date 2012-07-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/568
 
Source Advances in Applied Economics and Finance; Vol 1, No 4 (2012); 210-217
2167-6348
 
Language eng
 
Relation http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/568/489
 
Rights Copyright NoticeProposed Creative Commons Copyright Notices1. Proposed Policy for Journals That Offer Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).Proposed Policy for Journals That Offer Delayed Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication, with the work [SPECIFY PERIOD OF TIME] after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).