AN ASSESSMENT OF THE RELATIONSHIPS BETWEEN POPULATION DENSITY AND LABOUR PRODUCTIVITY OF DEPOSIT MONEY BANKS IN NORTHWESTERN NIGERIA
Aishatu Adamu Zubair and Ibrahim Abdulhamid Danlami
Volume 8 Issue 1
Abstract
The striking disparity in terms of growth between the real sector and the money sector has attracted the attention of various researchers on why such disparityexists. In Nigeria, the banking sector is by far the fastest-growing compared to that of production. Ideally, all the capital generated by banks supposed to be not only exhausted but also utilized by the manufacturing industry that is not the case in Nigeria. Apart from growing faster than the real sector, the banking sector provides employment to the teaming population more than the real sector. It is believed that the concentration of population gives room for more labour productivity of the deposit money banks (DMBs). This study investigated the existence of disparity or otherwise in terms of labour productivity of the banks located indensely populated areas and those located in sparsely populated areas ofNorthwestern Nigeria. The study utilized Ordinary Least Square (OLS) on a log-linear model, derived from Cobb-Douglas production function, combined with a dummy variable. The result shows that the labour productivity of the DMBs located in densely populated areas is higher than those located in sparsely populated areas. The study recommends the concentration of DMBs in densely populated areas for more labour productivity. Keywords: Deposit Money Banks, Labour, Northwestern Nigeria, Population, Productivity.
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