EconPapers    
Economics at your fingertips  
 

Economic Size, Uncertainty, and Income Inequality in Nigeria

Rowland Obiakor, Emeka Akpa and Andy Okwu

MPRA Paper from University Library of Munich, Germany

Abstract: This paper investigates the effect of economic size and uncertainty on income inequality in Nigeria from 1980 to 2020. Using the ARDL methodology, and controlling for structural breaks, we investigate how economic size and uncertainty influence income inequality in Nigeria while controlling for the effects of government expenditure, oil rent, birth rate, and primary school enrollment rates. Results from the analysis shows that the short-run effects of economic size and uncertainty on income inequality is positive and insignificant. The effect in the long-run remains positive and insignificant for economic size, but negative and significant for uncertainty. The effects of other variables like government expenditure and birth rate are negative and statistically significant. The government of Nigeria need to treat the reduction of income inequality as a long-run phenomenon, but endeavour to reduce uncertainties in the short run which exacerbates income inequality.

Keywords: Economic size; uncertainty; income inequality; ARDL (search for similar items in EconPapers)
JEL-codes: D63 (search for similar items in EconPapers)
Date: 2022-06-30
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Journal of Economics and Allied Research 2.7(2022): pp. 250-264

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/113637/1/MPRA_paper_113637.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:113637

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2025-03-19
Handle: RePEc:pra:mprapa:113637