Effects of Periodic Markets on Job Creation, Socioeconomic Growth and Sustainable Development

Effects of Periodic Markets on Job Creation, Socioeconomic Growth and Sustainable Development

Hannatu Babajo

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Effects of Periodic Markets on Job Creation, Socioeconomic Growth and Sustainable Development

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Abstract

The study focuses on the effects of periodic markets on socio-economic development of Giwa Local Government Area of Kaduna State. Purposive sampling and Random sampling technique were used to sample four periodic markets and 437 respondents in the study area. Data were collected using questionnaire focusing on participants from the four different periodic markets across Giwa Local Government Area. The data was analysed using both descriptive and multiple regression analysis. The study revealed that periodic markets have significant effect on the socio-economic development of the study area as confirmed by the regression analysis which were significant at 5% level through increase in trader’s income (0.000), with 24% of the traders earning above N 30,000 monthly, and creation of job opportunities (0.000) like head loaders, carriers, shoe makers road transport workers, grain mill, welding, telecommunication business etc,. It is concluded that, periodic markets have tremendous effects on the socioeconomic development of Giwa Local Government Area. It is recommended that, there should be establishment of financial institutions in the study area which will help traders to have access to loans to enable them expand their business to earn more income.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Hannatu Babajo. 2019. \u201cEffects of Periodic Markets on Job Creation, Socioeconomic Growth and Sustainable Development\u201d. Global Journal of Human-Social Science - B: Geography, Environmental Science & Disaster Management GJHSS-B Volume 18 (GJHSS Volume 18 Issue B5): .

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GJHSS Volume 18 Issue B5
Pg. 15- 23

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-B Classification: FOR Code: 040699

Submission ReceivedDecember 15, 2017
Peer Review Double Blind
Handling Editor
Accepted January 2, 2018
Published January 15, 2018

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Issue date

January 5, 2019

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Article Matrices

Total Score: 131

Country: United Kingdom

Subject: Global Journal of Human-Social Science - B: Geography, Environmental Science & Disaster Management

Authors: Hannatu Babajo (PhD/Dr. count: 0)

View Count (all-time): 188

Total Views (Real + Logic): 3005

Total Downloads (simulated): 1521

Publish Date: 2019 01, Sat

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Total Views: 3005

Total Downloads: 1521

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