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Impact of Economic Growth on Quality of Life in Nigeria

Journal: International Journal of Trend in Scientific Research and Development (Vol.6, No. 3)

Publication Date:

Authors : ;

Page : 2021-2032

Keywords : Educational services; Health services; Unemployment; Income Inequality; GDP;

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Abstract

The study is conducted to find out the impact of economic growth on quality of life in Nigeria. Quality of life is not a single concept rather a comprehensive concept that is multidimensional. The determinants of quality of life are determined but carrying out an extensive review of literature that serves as the ground work for the research and from where justifications for selection of independent and dependent variables can be provided. To achieve the objective, a deductive approach has been adopted and exploratory research has been carried out. The model employed in this case is the simple linear regression and not multiple regression because there are a number of dependent variables whereas the independent variable is only one and not the other way round. Regression has been performed three times using SPSS and three models of simple linear regression have been designed in which each dependent variable is regressed separately against the independent variable. The study concluded that two of the models are significant and only the one with poverty as dependent variable is insignificant. The study has presented conclusions in the light of the results produced and has given recommendations too. Anderson Pereowei Obalakumo | Laime Isaac Odogu "Impact of Economic Growth on Quality of Life in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-3 , April 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49828.pdf Paper URL: https://www.ijtsrd.com/management/business-economics/49828/impact-of-economic-growth-on-quality-of-life-in-nigeria/anderson-pereowei-obalakumo

Last modified: 2022-07-20 19:24:15