Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria

Akyuz Murat; Opusunju Michael Isaac

doi:doi:10.11648/j.ajere.20190404.12

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Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria

Akyuz Murat, Opusunju Michael Isaac

Published in American Journal of Environmental and Resource Economics (Volume 4, Issue 4)

Received: 4 August 2019 Accepted: 29 September 2019 Published: 16 October 2019

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Abstract

The examined the effect of globalization on the performance of small and medium scale enterprises in Nigeria. The research design adopted for the study is ex-post facto and the population of this is all the small and medium scale enterprises in Abuja. The population of the study is 72838 and was used as the sample size. Globalization was measured by trade openness and small and medium scale enterprise performance was measured by SMEs output. The study covered a period of 32 years from 1986-2018. The statistical tools adopted in this study were descriptive statistics, correlation analysis, unit root test, co-integration and granger causality test. The analysis was conducted using e-view statistical software and the finding indicate that globalization influence the performance of small and medium scale enterprises in Nigeria. The study suggested that Nigerian government of Nigeria should encourage import and export of small and medium scale products and service across border and they should also place little or no restriction on SMEs products and services in order to encourage the SMEs output growth in Nigeria.

Published in	American Journal of Environmental and Resource Economics (Volume 4, Issue 4)
DOI	10.11648/j.ajere.20190404.12
Page(s)	125-131
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Globalization, Trade Openness, Performance, SMEs and Output

References

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Akyuz Murat, Opusunju Michael Isaac. (2019). Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. American Journal of Environmental and Resource Economics, 4(4), 125-131. https://doi.org/10.11648/j.ajere.20190404.12

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ACS Style

Akyuz Murat; Opusunju Michael Isaac. Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. Am. J. Environ. Resour. Econ. 2019, 4(4), 125-131. doi: 10.11648/j.ajere.20190404.12

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AMA Style

Akyuz Murat, Opusunju Michael Isaac. Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. Am J Environ Resour Econ. 2019;4(4):125-131. doi: 10.11648/j.ajere.20190404.12

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@article{10.11648/j.ajere.20190404.12,
  author = {Akyuz Murat and Opusunju Michael Isaac},
  title = {Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria},
  journal = {American Journal of Environmental and Resource Economics},
  volume = {4},
  number = {4},
  pages = {125-131},
  doi = {10.11648/j.ajere.20190404.12},
  url = {https://doi.org/10.11648/j.ajere.20190404.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajere.20190404.12},
  abstract = {The examined the effect of globalization on the performance of small and medium scale enterprises in Nigeria. The research design adopted for the study is ex-post facto and the population of this is all the small and medium scale enterprises in Abuja. The population of the study is 72838 and was used as the sample size. Globalization was measured by trade openness and small and medium scale enterprise performance was measured by SMEs output. The study covered a period of 32 years from 1986-2018. The statistical tools adopted in this study were descriptive statistics, correlation analysis, unit root test, co-integration and granger causality test. The analysis was conducted using e-view statistical software and the finding indicate that globalization influence the performance of small and medium scale enterprises in Nigeria. The study suggested that Nigerian government of Nigeria should encourage import and export of small and medium scale products and service across border and they should also place little or no restriction on SMEs products and services in order to encourage the SMEs output growth in Nigeria.},
 year = {2019}
}

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TY  - JOUR
T1  - Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria
AU  - Akyuz Murat
AU  - Opusunju Michael Isaac
Y1  - 2019/10/16
PY  - 2019
N1  - https://doi.org/10.11648/j.ajere.20190404.12
DO  - 10.11648/j.ajere.20190404.12
T2  - American Journal of Environmental and Resource Economics
JF  - American Journal of Environmental and Resource Economics
JO  - American Journal of Environmental and Resource Economics
SP  - 125
EP  - 131
PB  - Science Publishing Group
SN  - 2578-787X
UR  - https://doi.org/10.11648/j.ajere.20190404.12
AB  - The examined the effect of globalization on the performance of small and medium scale enterprises in Nigeria. The research design adopted for the study is ex-post facto and the population of this is all the small and medium scale enterprises in Abuja. The population of the study is 72838 and was used as the sample size. Globalization was measured by trade openness and small and medium scale enterprise performance was measured by SMEs output. The study covered a period of 32 years from 1986-2018. The statistical tools adopted in this study were descriptive statistics, correlation analysis, unit root test, co-integration and granger causality test. The analysis was conducted using e-view statistical software and the finding indicate that globalization influence the performance of small and medium scale enterprises in Nigeria. The study suggested that Nigerian government of Nigeria should encourage import and export of small and medium scale products and service across border and they should also place little or no restriction on SMEs products and services in order to encourage the SMEs output growth in Nigeria.
VL  - 4
IS  - 4
ER  -

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Author Information

Akyuz Murat

Department of Business Administration, Nile University of Nigeria, Abuja, Nigeria
Opusunju Michael Isaac

Department of Business Administration, Nasarawa State University, Keffi, Nigeria

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APA Style

Akyuz Murat, Opusunju Michael Isaac. (2019). Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. American Journal of Environmental and Resource Economics, 4(4), 125-131. https://doi.org/10.11648/j.ajere.20190404.12

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ACS Style

Akyuz Murat; Opusunju Michael Isaac. Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. Am. J. Environ. Resour. Econ. 2019, 4(4), 125-131. doi: 10.11648/j.ajere.20190404.12

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AMA Style

Akyuz Murat, Opusunju Michael Isaac. Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. Am J Environ Resour Econ. 2019;4(4):125-131. doi: 10.11648/j.ajere.20190404.12

Copy | Download

@article{10.11648/j.ajere.20190404.12,
  author = {Akyuz Murat and Opusunju Michael Isaac},
  title = {Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria},
  journal = {American Journal of Environmental and Resource Economics},
  volume = {4},
  number = {4},
  pages = {125-131},
  doi = {10.11648/j.ajere.20190404.12},
  url = {https://doi.org/10.11648/j.ajere.20190404.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajere.20190404.12},
  abstract = {The examined the effect of globalization on the performance of small and medium scale enterprises in Nigeria. The research design adopted for the study is ex-post facto and the population of this is all the small and medium scale enterprises in Abuja. The population of the study is 72838 and was used as the sample size. Globalization was measured by trade openness and small and medium scale enterprise performance was measured by SMEs output. The study covered a period of 32 years from 1986-2018. The statistical tools adopted in this study were descriptive statistics, correlation analysis, unit root test, co-integration and granger causality test. The analysis was conducted using e-view statistical software and the finding indicate that globalization influence the performance of small and medium scale enterprises in Nigeria. The study suggested that Nigerian government of Nigeria should encourage import and export of small and medium scale products and service across border and they should also place little or no restriction on SMEs products and services in order to encourage the SMEs output growth in Nigeria.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria
AU  - Akyuz Murat
AU  - Opusunju Michael Isaac
Y1  - 2019/10/16
PY  - 2019
N1  - https://doi.org/10.11648/j.ajere.20190404.12
DO  - 10.11648/j.ajere.20190404.12
T2  - American Journal of Environmental and Resource Economics
JF  - American Journal of Environmental and Resource Economics
JO  - American Journal of Environmental and Resource Economics
SP  - 125
EP  - 131
PB  - Science Publishing Group
SN  - 2578-787X
UR  - https://doi.org/10.11648/j.ajere.20190404.12
AB  - The examined the effect of globalization on the performance of small and medium scale enterprises in Nigeria. The research design adopted for the study is ex-post facto and the population of this is all the small and medium scale enterprises in Abuja. The population of the study is 72838 and was used as the sample size. Globalization was measured by trade openness and small and medium scale enterprise performance was measured by SMEs output. The study covered a period of 32 years from 1986-2018. The statistical tools adopted in this study were descriptive statistics, correlation analysis, unit root test, co-integration and granger causality test. The analysis was conducted using e-view statistical software and the finding indicate that globalization influence the performance of small and medium scale enterprises in Nigeria. The study suggested that Nigerian government of Nigeria should encourage import and export of small and medium scale products and service across border and they should also place little or no restriction on SMEs products and services in order to encourage the SMEs output growth in Nigeria.
VL  - 4
IS  - 4
ER  -

Copy | Download