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Response of Economic Diversification To Gender Inequality: Evidence From Nigeria
ISSN: 2706 - 9346
Publisher: author
Response of Economic Diversification To Gender Inequality: Evidence From Nigeria
Indexed in
Social Sciences
ARTICLE-FACTOR
1.3
Article Basics Score: 2
Article Transparency Score: 2
Article Operation Score: 3
Article Articles Score: 2
Article Accessibility Score: 3
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International Category Code (ICC):
ICC-0202
Publisher: International Journal Of Social Sciences And Economic Revi..
International Journal Address (IAA):
IAA.ZONE/2706111609346
eISSN
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2706 - 9346
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Abstract
Purpose: The danger inherent in anchoring the growth prospects of an economy on a single product has long been established and for decades now, Nigeria has remained a mono-product economy with all her foreign exchange earning possibilities anchored only on oil revenue. The paper sought to investigate the imperatives of gender equality in expanding the economic base of Nigeria. Methodology: Based on the assumption of increasing returns to scale for the manufacturing sector and constant returns to scale for the primary sector, it apparently follows that a country’s manufacturing output will grow faster (or slower) than that of the rest of the world if it had an initial comparative advantage in manufacturing (or primary) sector as hypothesized by the Prebisch-Singer Hypothesis. Employing Engel-Granger and Error Correction Model in an endogenous growth framework were used in this study. Main Findings: This study found that the existing ge...
