Poverty and household expenditure patterns are like the two sides of a coin, where poverty is a state of lacks and denial; household expenditure patterns are the mirrors of households’ welfare. This study investigated the effects of some household expenditure patterns on the odds ratio of poverty adopting logit model. Study showed that about 52.25 percent of Nigeria’s populations are poor. Expenditure patterns of the households were classified into socio-economic characteristics: poverty ...
Generally, it can be argued without doubt that the engine of Nigeria economic growth lies on crude oil exploration. In this study, it is recognized that corruption was-used as an independent variable because of its substantial adverse effect on Nigerian economy. Corruption has really eaten deep into the economy of the country and that is one of the major crises that Nigeria is facing today. This study analyses the impact of crude oil export on Nigeria economy and its level of corruption. The ...
This paper investigates if there is a significant long – run relationship between cocoa exports and economic growth in Nigeria. The study covers the periods between 1981 to 2014. The underlying models are the export led growth, hypothesis, neo – classical growth model, presbich trade model and Keynesian model. In the formulated model, real gross domestic product was used as a proxy for economic growth. The explanatory variables used were cocoa export earnings, exchange rate and government...