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Impact of oil export revenue on economic growth and consumers wellbeing in Chadpar Kadidja Sarah Mamadou IPAG Business School - MSC in Internationational Business Management 2021 |
Chapter No. 4:Results and Analysis4.1Primary Data Results4.1.1Demographic Profile200 general consumers were selected as respondent sample for this research who belonged Chad, an African country. The purpose of this research is to observe how the generation of revenue through export of Oil products affects the economic growth and the wellbeing of consumers in Chad. The graph 1 given below shows the gender profile for the respondents of this research. The graph depicts that the male to female ratio is almost balance with 49% men and 51% women.
Figure 3 Gender Profile Graph 3 shows the education profile for the selected sample. The selected education groups are graduate, post graduate and masters, while those having degrees except these are classified in the others group. 55% of the respondents are post graduate, 28% are masters and 13% are graduates, while 4% have other degrees. The education profile shows that the consumers of oil products in Chad have a high education tendency, making them competent for participating in this study.
Figure 4: Education Profile 4.1.2Survey ResultsThe survey questionnaire included 8 questions for the purpose of collecting data to reflect the impact of the study variables, in addition to the questions that captured the demographic details of the respondents. The first question was to capture the feelings of the respondents about the impact that oil exportation had on the Chad residents. The question was «Have you noticed any change in your social life before and after the oil exportation?» The results for this question have been depicted in graph 3. Have you noticed any change in your social life before and after the oil exportation?
Figure 5: Results for Question 1 Graph 5 shows that the majority of the respondents agreed with the fact that oil exportation has brought about social changes in Chad. 81 respondents agreed and 42 strongly agreed with this item. The results depict that the social life has improved as a response of oil exportation by increasing the flow of revenue in the market. The second question was aimed to capture the impact that the oil production has had on the buying powers of the locals in Chad. The question was stated as «Did you notice any purchasing power before and after the oil production?» The responses of this question have been shown in graph 4. 81 respondents agreed to this statement and 42 strongly agreed. The results depict that the buying power of the locals in Chad have improved in response to the production of oil. The results have depicted that the increase of economic growth through production of oil has occurred which has improved the buying powers of the locals. Did you notice any purchasing power before
Figure 6: Results for Question 2 The third question was aimed to capture the impact that the oil production has had on the rate of employment in the locals in Chad. The question was stated as «Have oil exportation contributed to unemployment rate?» The responses of this question have been shown in graph 5. 84 respondents agreed to this statement and 42 strongly agreed. The results depict that the employment rates of the locals in Chad have improved in response to the export improvement of oil. The results have depicted that the oil export industry has opened new chances of employment for the locals. Have oil exportation contribute to unemployment
Figure 7: Results for Question 3 The fourth question was aimed to capture the impact that the oil generated revenue has had on the buying powers of the locals in Chad, in almost similar context as the second question. The question was stated as «Did the oil wealth has changed your ability to buy things?»The responses of this question have been shown in graph 6. 84 respondents agreed to this statement and 42 strongly agreed. The results depict that the buying power of the locals in Chad have improved in response to the generation of wealth through production and export of oil. Did the oil wealth has changed your ability to buy
Figure 8: Results for Question 4 The fifth question was aimed to capture how well the government is managing oil produced wealth in Chad. The item was stated as «From your point of view is the government managing the oil wealth as it should.» The responses of this question have been shown in graph 7. 68 respondents agreed to this statement and 58 strongly agreed. The results depict that in view of the locals, the government is managing the revenue generated from oil production and export in a good and efficient manner. From your point of view is the government managing the oil wealth as it should.
Figure 9: Results for Question 5 The sixth question was aimed to capture the impact that the oil generated revenue has had on the federal level poverty in the country. The question was stated as «Did you think oil exportation effect the federal poverty status?» The responses of this question have been shown in graph 8. 89 respondents agreed to this statement and 42 strongly agreed. The results depict that the poverty levels have improved in the locals of Chad have in response to the generation of wealth and job opportunities through production and export of oil. Figure 10: Results for Question 6 0 10 20 30 40 50 60 70 80 90 Strongly Disagree Disagree Undecided Agree Strongly Agree 6 15 22 89 42 Did you think oil exportation effect the federal poverty status?
The seventh question was aimed to capture the impact that the oil production has had on the ability of the country to improve its finances. The question was stated as «In your point of view oil exportation increase confidence in ability to achieve a financial goal.» The responses of this question have been shown in graph 9. 69 respondents agreed to this statement and 50 strongly agreed. The results depict that the locals believe that the oil exportation can improve the financial conditions in the country as a whole. 35 out of 200 respondents have shown that they are undecided about the results of this item. This undecided population depicts that some of the locals are yet undecided about the financial benefits of the exportation and production procedures of oil in Chad. In your point of view oil exportation increase confidence in ability to achieve a financial goal.
Figure 11: Results for Question 7 The eight and the last question was aimed to capture the effects that the oil production has had on the income volatility of the locals in Chad. The question was stated as «In your point of view oil exportation increases volatility income in the country.» The responses of this question have been shown in graph 10. 82 respondents agreed to this statement and 44 strongly agreed. The results depict that the income volatility of the locals in Chad have improved in response to the production and exportation of oil. In your point of view oil exportation increase volatility
Figure 12: Results for Question 8 |
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