Does Economic Growth, External Debt, and Institutional Quality Promote Poverty and Income Inequality in Nigeria?
Magaji Ibrahim Yakubu,
Samson Adeniyi Aladejare
Abstract:This study assessed the effect of economic growth on poverty and inequality in Nigeria between 1990 and 2022. The research applied the ARDL technique in its empirical analysis. Findings from the study indicated that economic growth does not have significant long-run impact on poverty and inequality. However, the short-run relationship showed that economic growth increases inequality in Nigeria. External debt was revealed to further aggravate poverty and inequality in the long-run. Also, while government effect… Show more
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