ADSU International Journal of Applied Economics, Finance and Management

Women’s Entrepreneurship And Economic Growth In Nigeria

Abstract

The study was conducted to examine the impact of women entrepreneurship on economic growth in Nigeria. The study adopted the quantitative research design. This study employed the use of annual time series data which are secondary in nature, and the annual time series data for the period of 20012023. The Vector Error Correction Mechanism (VECM) was conducted with the aid of E-views 10. The result of the study revealed that women entrepreneurship has a positive and insignificant impact on economic growth in Nigeria. The result further shows that women representation in parliament reveals a positive relationship with economic growth in the short run but shows a negative and insignificant relationship with economic growth in the long run. The causality results also revealed a bidirectional relationship between women entrepreneurship and economic growth. Based on the findings of the study, it is therefore recommended that removing barriers such as discriminatory property and inheritance laws, customary law, lack of access to formal financial institutions, and time constraints related to family and household responsibilities could provide more opportunities for increase female-led enterprises to grow in Nigeria and there should be access to-intervention funds meant for empowerment of women.