International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Assessing the Impact of GSM Sub-Telecommunication Sector on the Teledensity Rate and Economic Growth in Nigeria: Time Series Analysis
Sulaiman Chindo

As the world becomes a small village as a result of development in ICT, Nigerian GSM sector has changed the whole shape of Telecom industry in the country by improving service providing and creating direct and indirect jobs to the populace. It is however important to assess the impact of this sub-sector on the Economic growth. This study examined and assessed the impact of the GSM sub-sector on the teledensity rate (growth indicator of the industry) using OLS estimator. It must be noted that stationary and co integration tests were conducted before the model was finally estimated. Furthermore, diagnostic checking tests were conducted and the model has been found to be good and stable in conformity with the CLRM assumptions. It was established that GSM has a positive impact on the teledensity rate and economic growth of Nigeria. So also it has been established that GSM sub-sector serves as one of the key contributor to the nation’s GDP.

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