Social Factors Associated with Insecurity in Nigerian Society
Abstract
:1. Introduction
2. Literature Review
2.1. Conceptual Review
2.2. Theoretical Foundations
2.3. Empirical Review
2.3.1. Review of Effects of Insecurity on Economic Growth
2.3.2. Evaluation of Causes of Insecurity in the Society
3. Methodology
4. Result
5. Conclusions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Variable | Description | Data Measurement | Transformation Type | Data Collection Period | Source |
---|---|---|---|---|---|
Insecurity | Measured in national currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) | |
Unemployment Rate | Measured in national currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) | |
Infrastructure | Measured in local currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) | |
Healthcare facilities | Measured in domestic currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on th June 2023) | |
Funding of Education | Measured in home currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) | |
Agricultural Development | Measured in local currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) | |
Community Social Services | Measured in domestic currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) | |
High Cost of Living | Measured in national currency (Naira) | Natural logarithm | 1991–2022 | CBN Statistical Bulletin https://www.cbn.gov.ng/documents/Statbulletin.asp (accessed on 14 June 2023) |
INSY | UNMP | PNFR | PHLT | PFED | PAGR | CSSS | HCOL | |
---|---|---|---|---|---|---|---|---|
Mean | 5.08 | 1.42 | 6.17 | 3.78 | 4.42 | 2.67 | 3.55 | 4.07 |
Median | 5.42 | 1.36 | 6.39 | 4.27 | 4.85 | 3.22 | 3.31 | 4.22 |
Maximum | 7.22 | 1.79 | 7.87 | 6.05 | 6.47 | 4.34 | 6.11 | 6.04 |
Minimum | 2.12 | 1.31 | 3.33 | 0.14 | 0.23 | 0.16 | 0.48 | 1.00 |
Std. Dev. | 1.71 | 0.14 | 1.17 | 1.88 | 1.77 | 1.44 | 2.08 | 1.29 |
Skewness | −0.53 | 1.66 | −0.77 | −0.54 | −0.83 | −0.56 | −0.17 | −0.60 |
Kurtosis | 1.98 | 4.37 | 2.99 | 1.93 | 2.81 | 1.82 | 1.45 | 2.78 |
Jarque-Bera | 2.85 | 17.2 | 3.19 | 3.06 | 3.69 | 3.49 | 3.34 | 2.01 |
Probability | 0.24 | 0.18 | 0.20 | 0.22 | 0.16 | 0.17 | 0.19 | 0.36 |
Sum | 162 | 45.4 | 197 | 121 | 141 | 85.4 | 113 | 130 |
Sum Sq. Dev. | 90.2 | 0.63 | 42.9 | 109 | 97.2 | 64.7 | 134 | 51.7 |
Observations | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 |
VARIABLE | INSY | UNMP | PNFR | PHLT | PFED | PAGR | CSSS | HCOL |
---|---|---|---|---|---|---|---|---|
INSY | 1.00 | |||||||
UNMP | 0.51 | 1.00 | ||||||
PNFR | 0.74 | 0.50 | 1.00 | |||||
PHLT | 0.79 | 0.49 | 0.73 | 1.00 | ||||
PFED | 0.77 | 0.47 | 0.75 | 0.78 | 1.00 | |||
PAGR | 0.75 | 0.46 | 0.72 | 0.75 | 0.73 | 1.00 | ||
CSSS | 0.76 | 0.52 | 0.79 | 0.76 | 0.73 | 0.71 | 1.00 | |
HCOL | 0.77 | 0.57 | 0.77 | 0.77 | 0.78 | 0.70 | 0.72 | 1.00 |
Variable | ADF T-Statistic | Critical Value @ 5% | p-Value | Order of Co-integration | PP T-Statistic | Critical Value @ 5% | p-Value | Order of Co-integration |
---|---|---|---|---|---|---|---|---|
LNINSY | −5.01 | −2.99 | 0.00 | I(0) | −7.26 | −2.96 | 0.00 | I(1) |
LNUNMP | −3.52 | −2.99 | 0.02 | I(1) | −3.23 | −2.96 | 0.03 | I(1) |
LNHCOL | −3.11 | −2.97 | 0.03 | I(1) | −3.27 | −2.96 | 0.02 | I(0) |
LNPAGR | −4.07 | −2.99 | 0.00 | I(0) | −11.28 | −2.96 | 0.00 | I(1) |
LNPNFR | 6.68 | −2.96 | 0.00 | I(1) | −6.61 | −2.96 | 0.00 | I(0) |
LNPHLT | −4.89 | −2.99 | 0.00 | I(0) | −8.82 | −2.96 | 0.00 | I(1) |
LNPFED | −4.46 | −2.98 | 0.00 | I(0) | −4.08 | −2.96 | 0.00 | I(0) |
LNCSSS | −8.26 | −2.96 | 0.00 | I(1) | −8.18 | −2.96 | 0.00 | I(1) |
F-Statistic | Significance | I0 Bound | I1 Bound |
---|---|---|---|
6.02 | 10% | 2.03 | 3.13 |
5% | 2.32 | 3.50 | |
2.5% | 2.60 | 3.84 | |
1% | 2.96 | 4.26 |
Lag | LogL | LR (Likelihood Ratio) | FPE (Final Predictor Error) | AIC (Akaike Information Criterion) | SC (Schwarz Information Criterion) | HQ (Hannan–Quinn Info Criterion) |
---|---|---|---|---|---|---|
0 | 20.44 | NA | 0.026 | −0.829 | −0.455 | −0.709 |
1 | 20.72 | 0.402 * | 0.027 * | −0.782 * | −0.361 * | −0.647 * |
2 | 20.78 | 0.074 | 0.029 | −0.719 | −0.252 | −0.569 |
Dependent Variable: LNINSY | ||||
---|---|---|---|---|
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
C | 0.81 | 0.94 | 0.85 | 0.40 |
LNINSY(−1) | 0.47 | 0.26 | 1.79 | 0.09 ** |
LNCSSS(−1) | −0.03 | 0.07 | −0.48 | 0.63 |
LNHCOL(−1) | 0.68 | 0.32 | 2.12 | 0.05 *** |
LNPAGR(−1) | −0.13 | 0.13 | −0.99 | 0.33 |
LNPFED(−1) | −0.47 | 0.19 | −2.41 | 0.02 *** |
LNPHLT(−1) | 0.48 | 0.21 | 2.31 | 0.03 *** |
LNPNFR(−1) | 0.18 | 0.18 | 0.99 | 0.33 |
LNUNMP(−1) | −0.79 | 0.44 | −1.82 | 0.08 ** |
Dependent Variable: D(LNINSY) | ||||
---|---|---|---|---|
Method: Least Squares | ||||
Variable | Coefficient | Std. Error | t-Statistic | Prob. |
C | 0.034002 | 0.080298 | 0.423444 | 0.6765 |
D(LNINSY(−1)) | 0.375386 | 0.262375 | 1.430726 | 0.1679 |
D(LNCSSS(−1)) | −0.043067 | 0.080737 | −0.533428 | 0.5996 |
D(LNHCOL(−1)) | 0.803957 | 0.394329 | 2.038801 | 0.0549 ** |
D(LNPAGR(−1)) | −0.117793 | 0.096009 | −1.226892 | 0.2341 |
D(LNPFED(−1)) | −0.661963 | 0.160354 | −4.128144 | 0.0005 *** |
D(LNPHLT(−1)) | 0.716182 | 0.183187 | 3.909560 | 0.0009 *** |
D(LNPNFR(−1)) | −0.082304 | 0.170818 | −0.481823 | 0.6352 |
D(LNUNMP(−1)) | −0.973583 | 1.163512 | −0.836762 | 0.4126 |
ECM(−1) | −1.039294 | 0.279001 | −3.725053 | 0.0013 *** |
F-statistic | 0.627 | Prob. F(2,18) | 0.545 |
Obs*R-squared | 1.953 | Prob. Chi-Square(2) | 0.376 |
F-statistic | 1.864 | Prob. F(9,20) | 0.118 |
Obs*R-squared | 13.68 | Prob. Chi-Square(9) | 0.134 |
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Omodero, C.O. Social Factors Associated with Insecurity in Nigerian Society. Societies 2024, 14, 74. https://doi.org/10.3390/soc14060074
Omodero CO. Social Factors Associated with Insecurity in Nigerian Society. Societies. 2024; 14(6):74. https://doi.org/10.3390/soc14060074
Chicago/Turabian StyleOmodero, Cordelia Onyinyechi. 2024. "Social Factors Associated with Insecurity in Nigerian Society" Societies 14, no. 6: 74. https://doi.org/10.3390/soc14060074
APA StyleOmodero, C. O. (2024). Social Factors Associated with Insecurity in Nigerian Society. Societies, 14(6), 74. https://doi.org/10.3390/soc14060074