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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主要作者: Yusuf, Muhammad
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出版: 2013
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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