The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Sources of Income Inequality in Nigeria: Decomposition Approaches
|
|
Author(s): A. S. Oyekale (North-West University, South Africa), A. I. Adeoti (University of Ibadan, Nigeria)and T. O. Oyekale (Institute of Food Security, Environmental Resources and Agricultural Research (IFSERAR), Federal University of Agriculture-Abeokuta, Nigeria)
Copyright: 2014
Pages: 21
Source title:
Econometric Methods for Analyzing Economic Development
Source Author(s)/Editor(s): Peter V. Schaeffer (West Virginia University, USA)and Eugene Kouassi (University of Cocody, Cote d'Ivoire)
DOI: 10.4018/978-1-4666-4329-1.ch005
Purchase
|
Abstract
Income inequality and poverty in Nigeria are closely related. This chapter analyzes the contributions of income sources and socio-economic factors to income inequality, and estimates the contributions of income redistribution and growth to poverty reduction. Household survey data obtained from the National Bureau of Statistics (NBS) are used. Results show that in 2004, income inequality was higher in rural than in urban areas. Wage and non-farm income made the largest contributions to urban income inequality, while agricultural and wage incomes contributed most to rural inequality. Household size, urbanization, and education significantly increased income inequality, while age, paid/salaried jobs, and non-farm enterprises decreased it (p<0.05). Between 1998 and 2004, income redistribution reduced poverty but income growth increased it. The authors therefore recommend that welfare enhancing programs that benefit the poor should be identified and that better economic opportunities should be created for those in rural areas.
Related Content
|
N. Geethanjali, K. M. Ashifa, Avantika Raina, Jayashree Patil, Rameshwaran Byloppilly, S. Suman Rajest.
© 2024.
19 pages.
|
|
Praveen Kakada, Muhammed Shafi M. K..
© 2024.
14 pages.
|
|
P. S. Venkateswaran, Divya Marupaka, Sachin Parate, Amit Bhanushali, Latha Thammareddi, P. Paramasivan.
© 2024.
15 pages.
|
|
M. Lishmah Dominic, P. S. Venkateswaran, Latha Thamma Reddi, Sandeep Rangineni, R. Regin, S. Suman Rajest.
© 2024.
15 pages.
|
|
S. Sivabala, P. Vidyasri.
© 2024.
23 pages.
|
|
H. Hajra, G. Jayalakshmi.
© 2024.
22 pages.
|
|
Anusha Thakur.
© 2024.
15 pages.
|
|
|