The Impact of Official Aid on Poverty Reduction: Empirical Evidence From Nigeria (1981-2014) Using the Ardl and Bound Test Approach

Ugwuanyi, Uche Boniface; Ezeaku, Hillary Chijindu; Ibe, Imo G.

doi:10.14207/ejsd.2017.v6n2p111

Cited by 21 publications

(31 citation statements)

References 13 publications

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“…As it is depicted in the table 5, the results obtained revealed that the elasticity coefficient of ODA had non-significant positive effect on poverty incidence as shown by the t-statistic and p-value. Similar findings were also observed in other studies (see for instance Ekpo & Afangideh, 2012;Ugwuanyi, Ezeaku, & Ibe, 2017) but in contrast to that obtained by Woldekidan (2015).…”

Section: Estimated Long Run Elasticities For the Selected Ardl Modelssupporting

confidence: 92%

Why Has Growth Not Trickled Down to the Poor? A Study of Nigeria

Young¹

2019

RES

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Despite impressive economic growth and major economic reform policies the search for poverty-reducing growth strategies remains a perennial question in many developing countries as poverty persists unabated. This motivates the current study to investigate empirically growth-poverty nexus in Nigeria spanning between the period 1970 and 2017. The paper attempted to answer the question: why has growth not trickled down to the poor? Time series econometrics were applied to test the cointegrating, short- and long-run dynamics among the variables. The results obtained revealed that growth trickled down to the poor only when high rates of employment growth accompanied high rates of economic growth. In addition to employment, the result also revealed that the form of capital formation, rather than its absolute value, appears to matter to the question of why has growth not trickle down to the poor. Thus, economic growth policies that promote an increase in income in conjunction with a high rates of employment growth are more effective in combating poverty than those that focus only on average income levels.  

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Section: Estimated Long Run Elasticities For the Selected Ardl Modelssupporting

confidence: 92%

Why Has Growth Not Trickled Down to the Poor? A Study of Nigeria

Young¹

2019

RES

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“…The study adopted a multivariate model specification following Ewetan et al, (2020) and Ugwuanyi et al, (2017) but incorporated different variables in the three models specifying the relationship between the variables of interest. The mathematical expression of the relationships is as follows:…”

Section: Methodology 41 Model Specification and Variablesmentioning

confidence: 99%

“…Where lnPovt is poverty indicator and it is represented by household consumption expenditure (Ugwuanyi et al, 2017). This study uses household final consumption expenditure per capita.…”

Section: Methodology 41 Model Specification and Variablesmentioning

confidence: 99%

“…Furthermore, the household final consumption expenditure is consistent with the definition of poverty by the World Bank as "the inability to attain a minimal standard of living" gauged relative to their basic consumption needs (World Bank 1990). The proxy has been used in poverty related study by Ugwuanyi et al,( 2017) Fiscal federalism is represented by both federal and state government expenditures. While FE which is the proportion of federal or central government expenditure in total government expenditure and SE which is the proportion of the state government expenditure in total government expenditure.…”

Section: Methodology 41 Model Specification and Variablesmentioning

confidence: 99%

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Effectiveness of Fiscal Federalism for Poverty Reduction in Nigeria: An Analysis of Federal and State Governments’ Expenditures

Aderoju

Sanusi²

2020

Preprint

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One of the sustained political and economic strategies that have been adopted by various countries over three decades to achieve the desired level of development is fiscal federalism. Through this economic development strategy, various levels of government within an economy have been involved in the pursuit of reducing poverty over the decades. The purpose of this study is to examine the relationship between government expenditure on poverty reduction with respect to federal and state government expenditures respectively. The study employed the auto-regressive distributed lag (ARDL) estimation technique to establish long-run relationship, and to examine the magnitude of the effect of federal and state government expenditures in both the short-run and long-run periods using time-series data for the period 1981 to 2018. Results obtained indicate that only state government expenditure has positive effect on poverty reduction in Nigeria. The findings of this study therefore support the need for greater decentralization and increase in fiscal expenditure responsibilities and strengthening revenue capability in favor of state governments, giving that achieving desired poverty reduction could be achieved through increased state government spending.JEL Classification: E62, H50, I30

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“…It is natural to suggest that an increase in the inflow of foreign aid could benefit poverty alleviation (which is found in our study). Nevertheless, there are contradictory relationships between these two variables, from strongly positive [111,112] to insignificant [32,34] and even negative [33,113]. For example, Boone [114] demonstrated that foreign aid could increase consumption, but in a situation of high-income inequality (typical for many least developed and developing countries), such increased consumption did not benefit the poor and thus barely contributed to poverty alleviation.…”

Section: Model 1: Poverty Reductionmentioning

confidence: 99%

The Impact of Foreign Capital Inflows on Agriculture Development and Poverty Reduction: Panel Data Analysis for Developing Countries

et al. 2021

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Combating poverty through the development of agricultural production and providing rural people with new employment and income opportunities in agriculture has become one of the major concerns of both policymakers and scholars worldwide. In many developing countries, government policies have failed to achieve the desired poverty alleviation goals due to the lack of financial resources. Despite that, few comprehensive studies have so far unambiguously identified the effects of the exogenous factor of capital inflows on the level of poverty and agriculture development. In this paper, the authors attempt to shed light on the poverty–agriculture–capital trilemma pattern by revealing the impacts of six types of foreign capital inflows on the parameters of poverty reduction and agriculture development. The panel unit root test and pool mean group estimation techniques were employed for observing the short-term and long-term linkages between dependent and explanatory variables across fourteen developing economies of Latin America, Asia, and Eastern Europe. It was revealed that poverty reduction could be positively affected by an increase in the values of agricultural exports, foreign direct investment, foreign development assistance, and remittances received from migrant workers. The level of agriculture could be improved by deeper integration of developing economies to global food supply chains as either suppliers or consumers of food and agricultural products.

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The Impact of Official Aid on Poverty Reduction: Empirical Evidence From Nigeria (1981-2014) Using the Ardl and Bound Test Approach

Cited by 21 publications

References 13 publications

Why Has Growth Not Trickled Down to the Poor? A Study of Nigeria

Why Has Growth Not Trickled Down to the Poor? A Study of Nigeria

Effectiveness of Fiscal Federalism for Poverty Reduction in Nigeria: An Analysis of Federal and State Governments’ Expenditures

The Impact of Foreign Capital Inflows on Agriculture Development and Poverty Reduction: Panel Data Analysis for Developing Countries

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