Impact of Public Debt on Poverty in Nigeria: A Vector Autoregressive Analysis
Catherine Chidinma Mbah, Chizoba Linda Tevin-Anyali, Chike Okoli Kingsley, Emilia. Mukaosolu Mgbemena
Asian Journal of Economics, Business and Accounting · pp. 371–381 · Published 6 Apr 2024
10.9734/ajeba/2024/v24i51316Abstract
This study examined the impact of public debt on poverty in Nigeria for the period 1985 to 2021. The study regressed poverty against public debt in a vector error correction model using the Johansen approach. The study found a long-run relationship between public debt and poverty in Nigeria. The effect of public debt on poverty in Nigeria was found to be positive and permanent, becoming more pronounced with time. The study recommends the government’s deliberate effort in restraining continuous unsustainable public borrowing while also determining the maximum threshold at which debt servicing becomes poverty-reinforcing.
Cited by 0
No indexed citations yet.
Related research
- Effects of Climate Change, Poverty and Macroeconomic Policies on Agricultural Trade Performance in Nigeria — shares topic coverage
- Does Income Diversification Reduce Poverty in Rural Households? — shares topic coverage
- Economic Aspects and Applied Policies of Poverty Reductionin Malaysia — shares topic coverage
- Determinant of Rural Household Poverty Nexus Fuel Consumption among Fisherfolks in Kwara State, Nigeria — shares topic coverage
- Determinants of Poverty Status among Crop and Fish Farmers in Southern Nigeria — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
0
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.