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An econometric analysis of small‐ and medium‐scale enterprises and employment creation in Nigeria

Author

Listed:
  • Timothy Ayomitunde Aderemi
  • Adedayo Mathias Opele
  • Johnson Ifeanyi Okoh
  • Mamdouh Abdulaziz Saleh Al‐Faryan

Abstract

This study examined the relationship between small‐medium enterprises and employment in Nigeria. Annual data extracted from the ILO, WDI and CBN databases from 1991 to 2019 was subjected to various econometric techniques. The summary of findings that erupted in this work is as follows. Commercial banks loans to SMEs stimulate a significant employment creation in Nigeria. SMEs jobs have a significant positive contribution to employment creation in the country. Steaming from the findings of this study, whenever these policymakers want to create employment, policy and programmes that drive the expansion of SMEs oriented jobs should be implemented in the country.

Suggested Citation

  • Timothy Ayomitunde Aderemi & Adedayo Mathias Opele & Johnson Ifeanyi Okoh & Mamdouh Abdulaziz Saleh Al‐Faryan, 2023. "An econometric analysis of small‐ and medium‐scale enterprises and employment creation in Nigeria," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(3), pages 1624-1633, April.
    • Handle: RePEc:wly:mgtdec:v:44:y:2023:i:3:p:1624-1633
    DOI: 10.1002/mde.3770
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    References listed on IDEAS

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