MA 18 Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria

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

Akyuz Murat1, Opusunju Michael Isaac2, *
1Department of Business Administration, Nile University of Nigeria, Abuja, Nigeria
2Department of Business Administration, Nasarawa State University, Keffi, Nigeria

To cite this article:
Akyuz Murat, Opusunju Michael Isaac. Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria.
American Journal of Environmental and Resource Economics. Vol. 4, No. 4, 2019, pp. 125-131. doi: 10.11648/j.ajere.20190404.12
Received: August 4, 2019; Accepted: September 29, 2019; Published: October 16, 2019
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.

Keywords: Globalization, Trade Openness, Performance, SMEs and Output

 Akyuz Murat, Opusunju Michael Isaac. Effect of Globalization on the Performance of Small and Medium Scale Enterprises in Nigeria. American Journal of Environmental and Resource Economics. Vol. 4, No. 4, 2019, pp. 125-131. doi: 10.11648/j.ajere.20190404.12  


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