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Effects of Technological Diffusion and Access to Electricity on Employment in Nigeria

Author

Listed:
  • Jeremiah I. Ubah

    (Covenant University, Nigeria)

  • Ebenezer K. Bowale

    (Covenant University, Nigeria)

  • Jeremiah O. Ejemeyovwi

    (Covenant University, Nigeria)

  • Yvonne Okereke

    (Covenant University, Nigeria)

Abstract

Demographic transitions and technological advancements may lead to a net loss of 5 million jobs by 2020; hence, about forty percent (1.4 billion) of the global workforce are vulnerable to unemployment. This is because a more significant percentage of tasks that are already being disrupted by automation are repetitive and standardized processes. At the same time, actions/jobs which require empathy, genuine creativity, and critical thinking will be in high demand in the new workforce, thereby achieving a human-machine collaboration. Thus, this study seeks to investigate the influence that technology has on employment in the Nigerian labor market and how Access to electricity and employment are connected using Nigeria as a case study. The unit root test was conducted via Phillip-Perron (PP) statistics and Augmented Dickey-Fuller (ADF) tests. The Auto-Regressive Distributed Lag (ARDL) model was also employed to evaluate the relationship between technology and employment in Nigeria using World Bank data (1960-2017). Results showed that technology and globalization have a long-run statistically significant inverse relationship with employment in Nigeria, which conforms to theory. Policy recommendations promote the acquisition of such skills encompassing critical thinking, empathy, and creativity to enable a better future for the Nigerian labor force.

Suggested Citation

  • Jeremiah I. Ubah & Ebenezer K. Bowale & Jeremiah O. Ejemeyovwi & Yvonne Okereke, 2021. "Effects of Technological Diffusion and Access to Electricity on Employment in Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 227-233.
    • Handle: RePEc:eco:journ2:2021-02-29
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    References listed on IDEAS

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    1. Jeremiah O. Ejemeyovwi & Evans S. Osabuohien, 2020. "Investigating the relevance of mobile technology adoption on inclusive growth in West Africa," Contemporary Social Science, Taylor & Francis Journals, vol. 15(1), pages 48-61, January.
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    3. Dang, Duc Anh & La, Hai Anh, 2019. "Does electricity reliability matter? Evidence from rural Viet Nam," Energy Policy, Elsevier, vol. 131(C), pages 399-409.
    4. Moussa P. Blimpo & Malcolm Cosgrove-Davies, 2019. "Electricity Access in Sub-Saharan Africa [Accès à l’électricité en Afrique subsaharienne]," World Bank Publications - Books, The World Bank Group, number 31333, December.
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    More about this item

    Keywords

    Employment; Labor; Technology; Globalization; Nigeria.;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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