Nigerian Economic Society
Hi Guest,
Home | Paper Submission | Signup |
      
Providing intellectual leadership in economic management in Nigeria
GROWTH - POVERTY NEXUS AND INEQUALITY PERSPECTIVE: Empirical Discourse for Nigeria

GROWTH - POVERTY NEXUS AND INEQUALITY PERSPECTIVE: Empirical Discourse for Nigeria

 

Abstract: This study examines the empirical relationship among growth, inequality, and poverty in Nigeria. The rise in income inequality has diminished the poverty-reducing effects of higher growth. Using data on national income and poverty incidence, the paper estimated the empirical relationship for Nigeria using the White Heteroscedasticity-consistent SEs and covariance procedure. The regression results showed that growth- poverty nexus in Nigeria is nonlinear. An increase of 10 per cent in income would be translated to an increase in poverty of 17.2 per cent, while a mean Gini value of 42.7 would reduce inequalityy by 67.8 per cent. Also, a 10 per cent rise in income would result in reduction of the head-count poverty ratio of between 0.2 and 6.8 per cent. It concluded that the benefits in poverty reduction from growth would vary among different policy regimes. The paper canvassed for a stable macroeconomic framework, optimal policy mix, low and stable inflation, pro-poor government expenditure, as well as anti-poverty policies that ensure that people who escape from poverty never return to it.

Price: N500.00 | Add to cart
 

 

 

Login

Forget password? | Signup for Free!
Note: You must signup your email and create a password before you can register as an NES member
 

Latest News

NES Webinar on Covid-19 and the Nigerian Economy - Press Release

The Nigerian Economic Society (NES) in its Monthly Webinar series on the Nigerian economy hosted the...read more


NES PhD THESIS PRIZE AWARD: Call for Submissions

The Executive Council of the Nigerian Economic Society (NES) hereby announces the call for submissio...read more


Policy Brief on The Nigerian Fuel Subsidy Puzzle: Facts, Fallacies and the Way Forward

Background The issue of the appropriate pricing of petroleum products in Nigeria, of which fuel s...read more


2019 Election of New Council of the Nigerian Economic Society

The Executive Council of NES hereby informs its members that at the Business Session of 2019 Annual ...read more


2019 Nigerian Economic Society Annual Public Lecture Announcement

The Executive Council of NES has the pleasure to announce it's 2019 Annual Public Lecture with the t...read more


60th Annual Conference of the Nigerian Economic Society: Call for Abstracts

The Executive Council of NES has the pleasure to announce 60th Annual Conference with the theme "ECO...read more


E-Mail Subscription

VoguePayVisaMasterCard