POVERTY AND INCOME INEQUALITY IN NIGERIA: ANY CAUSALITY?

Dr Ogbeide-osaretin Evelyn Nwamaka and David Onyinyechi Agu   (Published 2015)

Dr Evelyn Nwamaka
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Abstract

The issue of poverty has continued to pose serious threat to the continued cordial existence of an economy like Nigeria. Issues pertaining to poverty and inequality have also continued to receive wider attention among scholars in various economies of the globe. However, there seems to be a gap in literature as to the existence of a causal relationship between poverty and inequality. Should there be causality; the direction of causality is yet to be known, especially as it pertains to Nigerian economy. Therefore, this study seeks to establish whether or not there is a causal relationship between poverty and inequality in Nigeria. Adopting Granger causality techniques, this study finds out that there is a direct line of causality between poverty and inequality as well as indirect channels through unemployment and low life expectancy on inequality which exacerbate poverty in Nigeria.


Item Type: Journal article(non-copyrighted)
Format: PDF document,   431.21 KB
Copyright: Creative Commons LicenseCreative Commons license
Keywords: Poverty, Inequality, Gini, Unemployment, Granger causality, Life expectancy rate
Department: Accounting and Economics
Field of Study: Economics
Uploaded By: Aimomoh Joseph Inofe
Date Added: 27 Jun 2018 11:17am
Last Modified: 27 Jun 2018
Journal URL: http://edouniversity.edu.ng/oer/journal/poverty_and_income_inequality_in_nigeria_any_causality


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