Skip to content
Research Article Open access CC BY 4.0

Impact of Income Inequality on Poverty Level in Nigeria: Evidence from ARDL Model

Ibrahim Musa, Emmanuel Enaberue, Sule Magaji

Asian Journal of Economics, Business and Accounting · pp. 86–98 · Published 23 Mar 2024

10.9734/ajeba/2024/v24i51295

Abstract

This study used the Auto Regressive Distributed Lag (ARDL) model to assess the impact of income disparity on the degree of poverty in Nigeria. Based on the association each income determinant showed with the Gini coefficient of income disparity in the Nigerian economy, the study's findings indicated that there is a long-run positive relationship between the poverty level and the Gini coefficient of income inequality in Nigeria. Therefore, it is advised to improve a more equitable distribution of wealth, which will effectively lessen income inequality and poverty in Nigeria. The government should concentrate its efforts on developing and implementing more realistic employment programs in Nigeria. Since the empirical results of this study have demonstrated that decreasing income disparity in Nigeria by an increase in the employment rate has not been sufficient. A more practical approach to employment would allow people to use their money to build wealth rather than just get by, which would increase the level of income distribution.

ARDL modeling income inequality poverty level

References (11)

  1. 1 Environmental science and pollution research [DOI]
  2. 2 Redistribution, Inequality, and Growth [DOI]
  3. 3 SOCIAL EXCLUSION AND SOCIAL SOLIDARITY: THREE PARADIGMS
  4. 4 The determinants of life expectancy and environmental degradation in Pakistan: evidence from ARDL bounds test approach [DOI]
  5. 5 Structural basis for substrate selection by the SARS-CoV-2 replicase [DOI]
  6. 6 Elemental and Molecular Segregation in Oil Paintings due to Lead Soap Degradation [DOI]
  7. 7 Determinants of the Export Function in Morocco: Evidence from ARDL and Dynamic ARDL Models [DOI]
  8. 8 Impact of International Trade On Economic Growth: The Granger Causality Test Approach [DOI]
  9. 9 IMPACT OF INTERNATIONAL TRADE ON ECONOMIC GROWTH: THE GRANGER CAUSALITY TEST APPROACH [DOI]
  10. 10 How large are African inequalities? Towards Distributional National Accounts in Africa, 1990 - 2017
  11. 11 Abuja Journal of Business and Management [DOI]

Cited by 7

Exploring the Role of Governance on Poverty in Malaysia: Evidence From the BARDL Approach

Yogeeswari Subramaniam, Muzafar Shah Habibullah · Sustainable Development · 2026

Income inequality and deposit money bank profitability in Nigeria: A panel data analysis

Olabisi Rasheedat Oladipo · Social Sciences & Humanities Open · 2025

Showing 3 of 7 known citations — external sources report more than can currently be individually listed.

Article metrics

Real usage data collected on this platform.

1

Page views

0

PDF downloads

0

Outbound clicks

7

Citations

Views over time

Views by country

Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".

Traffic sources

Referring site, by host.

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.