INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The study examined the dynamic relationship between Household Consumption Expenditure and Income Inequality in Nigeria from 1981 to 2019. The study employed Autoregressive Distributed Lag (ARDL) and Generalized Moment of Movement (GMM) as estimation techniques. The results showed that, Gini coefficient (as proxy for income inequality) demonstrate a positive but non-significant dynamic relationship with Household Consumption Expenditure in Nigeria. in line with the finding of this study, it is therefore recommended that, government should put more efforts in ensuring the reduction in the level of income inequality in Nigeria, even though it does not have a significant impact on Household Consumption Expenditure.
Keywords:
Household Consumption Expenditure, Income Inequality
Cite Article:
"The Dynamics Relationship between Household Consumption Expenditure and Income Inequality in Nigeria ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 10, page no.c633-c642, October-2023, Available :http://www.ijnrd.org/papers/IJNRD2310270.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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