Mobile Telecom (GSM): Its Impacts on Household Income Generating Capacity and Business Expansion in Selected States in Southwest Nigeria
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Date
2012
Authors
Gold, Kafilah Lola
Saibu, Muibi Olufemi
Yusuf, Hammed Agboola
Journal Title
Journal ISSN
Volume Title
Publisher
American-Eurasian Journal of Scientific Research
Abstract
The study examined the impacts of mobile telecommunication on the Nigerian economy and also
examined the growth implication in terms of income generating capacities of households, provision of
employment as regards to business expansion in three states in south west Nigeria; namely Oyo, Osun and
Ekiti. Primary data was used for the study. One hundred and fifty (150) Questionnaire was administered to
generate information and Multi-stage stratified random sampling procedure was also used in selecting the
respondents from different zones in the survey area. Data collected from was analyzed using econometric
technique. In the econometric technique used, two models were specified and Ordinary Least Square method
(OLS) and multiple regression analysis were used in estimating the factors that impacted on mobile
telecommunications as stated in the objectives of the study. However, the findings revealed that there are
several ways telecoms have impacted on the economy of the individual household. Firstly, it has impacted on
the transaction cost by reducing the cost of transportation and information gathering on their daily business.
Secondly, it has also increase their market access and reduced distribution cost which invariably affected the
service provider cost. Lastly it leads to reduction in poverty level and incidence through increase in income
generating capacity and business expansion of households. Also, the study revealed how GSM has enabled
Nigerians to transact their businesses easily resulting in higher productivity; improved living standard; boosted
economic capacity and stimulate the economy to achieve the desired macroeconomic policy targets.
Description
Keywords
Mobile Telecommunication Income generation Business Expansion and Employment
Citation
Gold K.L; Saibu M.O and Yusuf H.A (2012) Telecom (GSM): Its impacts on Household Income Generating Capacity and Business Expansion in Selected States of Southwest Nigeria: American- Eurasian Journal of Scientific Research 7(1), Pg 32-40