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Cogent Economics & Finance Volume 11, 2023 - Issue 1
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Financial Economics

Socio-economic inclusion and sustainable economic growth: Empirical analysis of Nigeria and South Africa

Olajumoke Rebecca Ogunniyi1 Management and Social Sciences, Department of Accounting, KolaDaisi University, Ibadan, NigeriaView further author information
,
Abiodun Funso Okunlola2 Department of Business Management, College of Economic and Management Sciences (CEMS), University of South Africa, Pretoria, South AfricaCorrespondence[email protected] [email protected]
ORCID Iconhttps://orcid.org/0000-0002-4692-7878View further author information
ORCID Icon,
Michael Akinade Alatise3 School of Business, Department of Economics, University of Ibadan. Ibadan, NigeriaView further author information
&
Rafiu Adewale Aregbeshola4 College of Economic and Management Sciences (CEMS), Department of Business Management, University of South Africa, Pretoria, South AfricaView further author information
Article: 2163077 | Received 10 Jul 2022, Accepted 22 Dec 2022, Published online: 01 Feb 2023

Figures & data

Figure 1. Socio-economic inclusion link path to sustainable economic growth.

Source: Authors compilation
Figure 1. Socio-economic inclusion link path to sustainable economic growth.

Figure 2. SEG—Nigeria.

Source: edgar.jrc.ec.europa.eu/report_2021
Figure 2. SEG—Nigeria.

Figure 3. SEG—South Africa.

Source: edgar.jrc.ec.europa.eu/report_2021
Figure 3. SEG—South Africa.

Figure 4. Social & economic inclusion.

Source: www.data.worldbank.org
Figure 4. Social & economic inclusion.

Figure 5. South Africa social & economic inclusion.

Source: www.data.worldbank.org
Figure 5. South Africa social & economic inclusion.

Table 1. Descriptive result

Table 2. Panel unit root result

Table 3. Panel co-integration results

Table 4. Lag selection criteria

Table 5. VAR process

Table 6. Fixed/random effect result

Table 7. Granger causality result

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