Since 2014
Effect of Insecurity on Economic Growth in Nigeria
Journal of Economics and Management Sciences
View Archive Info| Field | Value | |
| Title |
Effect of Insecurity on Economic Growth in Nigeria
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| Creator |
Nkwatoh, Louis Sevitenyi
Nathaniel, Hiikyaa A. |
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| Description |
Many studies in conformity with theoretical underpinnings have shown that insecurity exerts a negative effect on economic growth. This study investigated the effect of insecurity on economic growth in Nigeria. The vector autoregressive model was employed using quarterly data from 2009Q1 to 2016Q4. The major findings show that economic growth and investment activities tend to increase during periods of insecurity. Also the rate of unemployment reduced during periods of insecurity. This implies that insecurity only threatens economic activities with no negative effect on the entire economy as conjectured by various economic theories. Thus, to continuously sustain the Nigeria’s economic growth rate, the government needs to protect domestic and foreign investments by stepping up its national security.
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| Publisher |
IDEAS SPREAD INC
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| Date |
2018-09-27
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://j.ideasspread.org/index.php/jems/article/view/165
10.30560/jems.v1n2p69 |
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| Source |
Journal of Economics and Management Sciences; Vol 1 No 2 (2018); p69
2576-3016 2576-3008 |
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| Language |
eng
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| Relation |
https://j.ideasspread.org/index.php/jems/article/view/165/93
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| Coverage |
Impulse response graphs
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| Rights |
Copyright (c) 2018 Louis Sevitenyi Nkwatoh, Hiikyaa A. Nathaniel
http://creativecommons.org/licenses/by/4.0 |
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