Research Article

Long Run Effect Of Trade Openness On Unemployment In Nigeria

Mohammad Adamu1*, Ahmad Isah Ammani2, Ahmed Inusa Baba3
1 Department of Economics, Faculty of Social Sciences, Bauchi State University Gadau, BauchiNigeria.
2 Department of Economics and Development Studies, Faculty of Social Sciences, Federal University Kashere, Gombe State-Nigeria.
3 Department of Economics, College of Administrative and Business Studies. Potiskum Yobe-Nigeria
* Corresponding author: talk2bom@gmail.com
Published: Oct, 2024
DOI: 10.67894/bbr.2024.p7t8c236
Pages: 181-194
Views: 10
Downloads: 3

Abstract

Integrating the world economy through trade openness helps reduce poverty and unemployment. Despite the influence of trade openness to employment generation, the unemployment in Nigeria continues to rise. This study examines the effect of trade openness on unemployment in Nigeria, covering the period from 1982 to 2022. The study used Auto Regressive Distributed Lag (ARDL). The computed ARDL results indicate that trade openness (TRO) reveals a negative and significance impact on unemployment (UNE) in the long run. Specifically, a percent increase in trade openness is associated with a decrease in Nigeria's unemployment. Similarly, trade openness (TRO) shows a negative and significant impact on unemployment (UNE) in Nigeria. Specifically, a percent increase in trade openness is associated with decrease in unemployment. Based on these findings, the study recommends that the country must embark on necessary reforms and adopt sound policies to provide employment solutions to address the issue of unemployment. 

Keywords

Trade Openness Unemployment Nigeria ARDL.

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How to Cite

Adamu, M., Ammani, A. I., & Baba, A. I. (2024). Long Run Effect Of Trade Openness On Unemployment In Nigeria. Bayero Business Review, 8(2), 181-194. https://doi.org/10.67894/bbr.2024.p7t8c236

M. Adamu, A. I. Ammani, and A. I. Baba, "Long Run Effect Of Trade Openness On Unemployment In Nigeria," Bayero Business Review, vol. 8, no. 2, pp. 181-194, October 2024. doi: 10.67894/bbr.2024.p7t8c236

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