2023-09-28 14:46:10 +00:00
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abstract: 'Purpose The implications of trade on developing economies have generated
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substantial debates with most studies focussed on ``openness in the
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policy{''''}. Hence, the purpose of this study is to focus on ``openness
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in practice{''''}. Design/methodology/approach This study uses two models
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and employed the vector error correction model and structural vector
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autoregression, first, to examine the sectoral effects; second, to
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investigate the efficacy of neoclassical and new trade theories; and
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third, to analyse the effect of trade openness shock on Nigerian labour
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market performance. Findings The results of the first model showed that
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trade openness has an adverse effect on employment and wages in both the
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agriculture and manufacturing sectors. Likewise, the study concludes
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that the new trade theory explains trade''s behaviour on employment and
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wages in Nigeria. The second model showed that the effect of error shock
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from trade openness affected wages more than employment. Research
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limitations/implications The study ignores the distributional effects
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due to unavailability of data. Practical implications The study
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suggested, amongst others, the need for policies mix on the labour
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market via a coherent set of initiatives in other to increase the
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competitiveness of Nigeria in the international market.
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Originality/value Most studies focussed on openness in policy through
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the channels identified in the literature. However, this study
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investigates these channels in ``openness in practice{''''} and
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investigates trade theories'' efficacy on manufacturing and agricultural
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sectors in Nigeria, which has been neglected in the literature.'
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affiliation: 'Asaleye, AJ (Corresponding Author), Landmark Univ, Econ, Omu Aran, Nigeria.
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Asaleye, Abiola John; Ogunjobi, Joseph Olufemi, Landmark Univ, Econ, Omu Aran, Nigeria.
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Ezenwoke, Omotola Adedoyin, Covenant Univ, Accounting Dept, Ota, Nigeria.'
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author: Asaleye, Abiola John and Ogunjobi, Joseph Olufemi and Ezenwoke, Omotola Adedoyin
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author-email: asaleye.abiola@lmu.edu.ng
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author_list:
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- family: Asaleye
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given: Abiola John
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- family: Ogunjobi
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given: Joseph Olufemi
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- family: Ezenwoke
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given: Omotola Adedoyin
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da: '2023-09-28'
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doi: 10.1108/IJSE-06-2018-0320
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earlyaccessdate: JUL 2021
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eissn: 1758-6712
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files: []
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issn: 0306-8293
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journal: INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS
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keywords: Trade openness; Wages; Employment; VAR; Nigeria; C3; F6; J21; J64
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keywords-plus: 'TIME-SERIES; INNOVATION; EMPLOYMENT; IMPACT; INEQUALITY; ECONOMIES;
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GROWTH; STATES; INCOME; WAGES'
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language: English
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month: OCT 27
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number: '11'
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number-of-cited-references: '59'
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orcid-numbers: Asaleye, Abiola John/0000-0002-8391-3774
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pages: 1589-1607
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papis_id: 6c2330f887b90dab80b9de82f2eeb041
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ref: Asaleye2021tradeopenness
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researcherid-numbers: Asaleye, Abiola John/U-1385-2019
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times-cited: '3'
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title: 'Trade openness channels and labour market performance: evidence from Nigeria'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000672824200001
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usage-count-last-180-days: '1'
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usage-count-since-2013: '1'
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volume: '48'
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web-of-science-categories: Economics
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year: '2021'
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