IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v6y2022i1p140-144.html
   My bibliography  Save this article

An Empirical Analysis of the Relationship between Net Migration and Macroeconomic Condition of Nigeria

Author

Listed:
  • Oluwaseun Temidayo Okikiola

    (Axion Research, Lagos, Nigeria)

Abstract

Nigeria is an important migration destination within the West African sub-region. However, over the past two (2) decades, the country has consistently recorded a negative net migration rate, implying a higher number of emigration than immigration. Drawing from the neoclassical and modern theories of migration, which highlight economic condition as a major factor in the decision to migrate, this paper seeks to empirically assess the relationship between the net migration pattern in Nigeria and the macroeconomic condition of the country over the past three (3) decades (from 1991 to 2020). Using the OLS regression analysis, the findings show a regression value (R2) of 0.847, which implies that the variables of macroeconomic condition (economic growth, real GDP per capita, unemployment rate, inflation rate, and current account balance) account for 85% of the variation in the net migration rate of the country. Among these variables, real GDP per capita and the unemployment rate were found to have a significant impact on net migration. However, the negative relationship between real GDP per capita and net migration rate shows that an increase in the prosperity of residents in Nigeria reduces the net migration rate.This suggests the existence and the need to deal with unequal distribution of income in the country, which limits the trickledown effect of an improved economy. Also, the positive relationship between the unemployment rate and net migration suggests the existence of other factors other than economic factors (as suggested by the modern theory of migration), which play a critical role in the decision to immigrate to or emigrate from Nigeria.

Suggested Citation

  • Oluwaseun Temidayo Okikiola, 2022. "An Empirical Analysis of the Relationship between Net Migration and Macroeconomic Condition of Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(1), pages 140-144, January.
  • Handle: RePEc:bcp:journl:v:6:y:2022:i:1:p:140-144
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-6-issue-1/140-144.pdf
    Download Restriction: no

    File URL: https://www.rsisinternational.org/virtual-library/papers/an-empirical-analysis-of-the-relationship-between-net-migration-and-macroeconomic-condition-of-nigeria/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nicole B. Simpson, 2022. "Demographic and economic determinants of migration," IZA World of Labor, Institute of Labor Economics (IZA), pages 373-373, July.
    2. Hein de Haas & Mathias Czaika & Marie‐Laurence Flahaux & Edo Mahendra & Katharina Natter & Simona Vezzoli & María Villares‐Varela, 2019. "International Migration: Trends, Determinants, and Policy Effects," Population and Development Review, The Population Council, Inc., vol. 45(4), pages 885-922, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eva Ivanová & Eva Grmanová, 2021. "The Sustainability of EU Labor Immigration in Terms of Poverty Inequalities and Employment," Sustainability, MDPI, vol. 13(4), pages 1-20, February.
    2. António Afonso & José Alves & Krzysztof Beck, 2022. "Pay and unemployment determinants of migration flows in the European Union," Working Papers REM 2022/0251, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    3. Serdar Öztürk & Buket Altınöz, 2022. "An Investigation of the Impact of Health Expenditures on International Migration as a Pull Factor in OECD Countries Using a Panel Vector Autoregression (PVAR) Approach," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 9(1), pages 39-52, January.
    4. Galina Ševčenko-Kozlovska & Kristina Čižiūnienė, 2022. "A Study of the Relationship between Lithuanian International Migration Flows and Transport Sector Performance Indicators," Sustainability, MDPI, vol. 14(16), pages 1-22, August.
    5. Nick Parr, 2023. "An Alternative Perspective on the Changing Relationships between Fertility and Replacement Level in European Countries," Population and Development Review, The Population Council, Inc., vol. 49(2), pages 255-278, June.
    6. Soheil Shayegh & Johannes Emmerling & Massimo Tavoni, 2022. "International Migration Projections across Skill Levels in the Shared Socioeconomic Pathways," Sustainability, MDPI, vol. 14(8), pages 1-33, April.
    7. Robert Grosse & Jonas Gamso & Roy C. Nelson, 2021. "China’s Rise, World Order, and the Implications for International Business," Management International Review, Springer, vol. 61(1), pages 1-26, March.
    8. Fernando Riosmena, 2024. "Worlds in Motion Redux? Expanding Migration Theories and Their Interconnections," Population and Development Review, The Population Council, Inc., vol. 50(3), pages 677-726, September.
    9. Clemens, Michael A. & Mendola, Mariapia, 2020. "Migration from Developing Countries: Selection, Income Elasticity, and Simpson's Paradox," IZA Discussion Papers 13612, Institute of Labor Economics (IZA).
    10. Oudom Hean, 2022. "The Effects of Technological Progress in Innovative Regions on the Labor Markets of Lagging Regions: A Theoretical Perspective," Economies, MDPI, vol. 10(8), pages 1-12, August.
    11. Crippa, Andrea & d'Agostino, Giorgio & Dunne, Paul & Pieroni, Luca, 2022. "Conflict as a Cause of Migration," MPRA Paper 112327, University Library of Munich, Germany.
    12. Mauro Lanati & Rainer Thiele, 2024. "The link between economic growth and emigration from developing countries: Does migrants' skill composition matter?," Kyklos, Wiley Blackwell, vol. 77(1), pages 213-248, February.
    13. Marek Piotrowski & Paweł Huras & Katarzyna Modrzejewska, 2021. "Determinants of the human capital redistribution. What pushes out and what pulls to the regions of Masovian Voivodship," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(2), pages 50-64, December.
    14. Hélène Benveniste & Jesús Crespo Cuaresma & Matthew Gidden & Raya Muttarak, 2021. "Tracing international migration in projections of income and inequality across the Shared Socioeconomic Pathways," Climatic Change, Springer, vol. 166(3), pages 1-22, June.
    15. Leonardo Salvatore Alaimo & Francesco Amato & Filomena Maggino & Alfonso Piscitelli & Emiliano Seri, 2023. "A Comparison of Migrant Integration Policies via Mixture of Matrix-Normals," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 165(2), pages 473-494, January.
    16. Mohammad Abbaszadeh & Haci Duran & Tavakkol Aghayari Hir & Ebrahim Mohammadpour, 2024. "Analysis of Liquid Migration as a Manifestation of Migration-based Lifestyle in the Third Millennium Using a Qualitative Approach," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 69(69), pages 149-158, June.
    17. Ololade Periola & Monsurat Foluke Salami, 2024. "Remittance outflow, financial development and macroeconomic indicators: evidence from the UK," Future Business Journal, Springer, vol. 10(1), pages 1-12, December.
    18. Daniela Bobeva & Dimitar Zlatinov & Eduard Marinov, 2019. "Economic Aspects of Migration Processes in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 55-88.
    19. Ondřej Schneider, 2022. "Labour Migration In The European Union: The Case Of Central And Eastern Europe," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 67(233), pages 7-38, April – J.
    20. Luis E C Rocha & Petter Holme & Claudio D G Linhares, 2022. "The global migration network of sex-workers," Journal of Computational Social Science, Springer, vol. 5(1), pages 969-985, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:6:y:2022:i:1:p:140-144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.