Muhammad, Yusuf (2013): Corruption, Inequality of Income and economic Growth in Nigeria. Forthcoming in: Çankırı Karatekin University Journal of the Faculty of Economics an
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Abstract
The paper examines empirically, the effects of corruption on inequality of income and economic growth. Firstly, the long run structural relationship is examined through the technique of Autoregressive distributed lag model (ARDL). Secondly, the causality relationship is measured empirical results suggest a long run relationship between corruption, inequality of income and economic growth in the Nigeria. Emphasizing on the channels of influence of growth, the finding, in the dynamic corruption equation indicates that the coefficient of the economic growth is significantly negative. This implies that despite much rhetoric to the contrary fighting corruption in Nigeria requires resources. More so, the finding suggests inequality of income directly impact on economic growth. This implies that economic growth rises with inequality of income. The policy implication is that Nigeria economic growth problems are structural as such fighting corruption require huge economic resources.
Item Type: | MPRA Paper |
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Original Title: | Corruption, Inequality of Income and economic Growth in Nigeria |
English Title: | Corruption, Inequality of Income and Economic Growth in Nigeria |
Language: | English |
Keywords: | Co-integration, Inequality of income, per -capita income, Poverty |
Subjects: | O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General |
Item ID: | 52348 |
Depositing User: | muhammad yusuf |
Date Deposited: | 29 Dec 2013 04:52 |
Last Modified: | 26 Sep 2019 22:44 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/52348 |