UNEMPLOYMENT, POVERTY NEXUS: NIGERIAN STUDY

OKORIE, George Chisom and Agbarakwe, Henry Ugochukwu and ANOWOR, OLUCHUKWU F UNEMPLOYMENT, POVERTY NEXUS: NIGERIAN STUDY. In: Biennial Conference on Interdisciplinary Studies, Godfrey Okoye University, Enugu.

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Abstract

This paper examined the relationship between unemployment rate and poverty incidence in Nigeria. It made use of secondary data for the period of 1980-2013 sourced from major Financial and Social indicators, CBN various issues and Poverty Profile for Nigeria, NBS various issues. Trend graph analysis, Correlation coefficient analysis and Granger causality tests were engaged in the analysis. The results indicated that there was a positive sign cant correlation between unemployment and poverty in Nigeria. This result was corroborated by the Trend graph analysis which is presented in figure 1. Furthermore, from the Granger causality tests, it was established that unemployment granger causes poverty in Nigeria. The economic implication of this result is that poverty is an increasing function of unemployment. In the light of this finding, the researchers recommend that Nigerian government should intensify efforts geared towards implementation of unemployment reduction policies. This will significantly reduce poverty incidence in Nigeria.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 24 Sep 2019 20:16
Last Modified: 24 Sep 2019 20:16
URI: http://eprints.gouni.edu.ng/id/eprint/2095

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