The relationship between good governance, economic growth and poverty reduction in Nigeria

This study attempts to examine the relationship between good governance and poverty reduction in Nigeria. The study applies a time series data set, which covers the period from1980 to 2011. However, considering the small sample size of the data, the study employed the Autoregressive Distributed Lag...

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Main Author:	Yusuf, Muhammad
Format:	Thesis
Published:	2013
Subjects:	HC Economic History and Conditions
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id	my-mmu-ep.6286
record_format	uketd_dc
spelling	my-mmu-ep.62862016-01-26T03:12:13Z The relationship between good governance, economic growth and poverty reduction in Nigeria 2013-08 Yusuf, Muhammad HC Economic History and Conditions This study attempts to examine the relationship between good governance and poverty reduction in Nigeria. The study applies a time series data set, which covers the period from1980 to 2011. However, considering the small sample size of the data, the study employed the Autoregressive Distributed Lag Model (ARDL) approach, introduced by Pesaran et al. (2001). It an approach which tests the existence of a relationship between variables in levels which are applicable irrespective of whether the underlying regressors are purely I(0), purely I(1) or mutually integrated. This study also uses the Error Correction Model (ECM) to estimate the short–run dynamic relationship between good governance and poverty reduction. The findings of the study provide evidence of a long term relationship between good governance and poverty reduction. The results of the ARDL suggest that good governance co-integrates with poverty reduction. However, there is no evidence to show that economic growth integrates with poverty reduction in Nigeria. The measures of governance such as the rule of law, quality of bureaucracy, and strong civil liberty significantly affect poverty reduction in the short run, the coefficient of the error correction term is negative and significant and the magnitude of the coefficient indicates the extent to which any disequilibrium is corrected in more than two periods. 2013-08 Thesis http://shdl.mmu.edu.my/6286/ http://library.mmu.edu.my/diglib/onlinedb/dig_lib.php phd doctoral Multimedia University Faculty of Management
institution	Multimedia University
collection	MMU Institutional Repository
topic	HC Economic History and Conditions
spellingShingle	HC Economic History and Conditions Yusuf, Muhammad The relationship between good governance, economic growth and poverty reduction in Nigeria
description	This study attempts to examine the relationship between good governance and poverty reduction in Nigeria. The study applies a time series data set, which covers the period from1980 to 2011. However, considering the small sample size of the data, the study employed the Autoregressive Distributed Lag Model (ARDL) approach, introduced by Pesaran et al. (2001). It an approach which tests the existence of a relationship between variables in levels which are applicable irrespective of whether the underlying regressors are purely I(0), purely I(1) or mutually integrated. This study also uses the Error Correction Model (ECM) to estimate the short–run dynamic relationship between good governance and poverty reduction. The findings of the study provide evidence of a long term relationship between good governance and poverty reduction. The results of the ARDL suggest that good governance co-integrates with poverty reduction. However, there is no evidence to show that economic growth integrates with poverty reduction in Nigeria. The measures of governance such as the rule of law, quality of bureaucracy, and strong civil liberty significantly affect poverty reduction in the short run, the coefficient of the error correction term is negative and significant and the magnitude of the coefficient indicates the extent to which any disequilibrium is corrected in more than two periods.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Yusuf, Muhammad
author_facet	Yusuf, Muhammad
author_sort	Yusuf, Muhammad
title	The relationship between good governance, economic growth and poverty reduction in Nigeria
title_short	The relationship between good governance, economic growth and poverty reduction in Nigeria
title_full	The relationship between good governance, economic growth and poverty reduction in Nigeria
title_fullStr	The relationship between good governance, economic growth and poverty reduction in Nigeria
title_full_unstemmed	The relationship between good governance, economic growth and poverty reduction in Nigeria
title_sort	relationship between good governance, economic growth and poverty reduction in nigeria
granting_institution	Multimedia University
granting_department	Faculty of Management
publishDate	2013
_version_	1747829621678669824

The relationship between good governance, economic growth and poverty reduction in Nigeria

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