Idongesit Udoh - Academia.edu (original) (raw)

Papers by Idongesit Udoh

Research paper thumbnail of Fiscal Policy and Inflation in Nigeria

Asian Journal of Economics, Business and Accounting

Aims: This study aims to analyze how Nigerian government activities impact inflation, considering... more Aims: This study aims to analyze how Nigerian government activities impact inflation, considering the inadequacy of monetary policy. It focuses on recurrent and capital expenditures in various sectors and their influence on inflation, as well as public debt and tax revenue's role in inflation dynamics. Study Design: The study employed secondary data. Place and Duration of Study: Data sources include the National Bureau of Statistics (NBS), Central Bank of Nigeria (CBN) statistical bulletin, Debt Management Office (DMO), and World Development Indicators (WDI) spanning from 1986 to 2021 Methodology: The study employs econometric techniques, including unit root tests and Autoregressive Distributive Lag (ARDL) analysis, with Inflation Rate (IFL) as the dependent variable. Independent variables representing fiscal policy include capital expenditure on transfers (CTRA), recurrent expenditure on administration (RADM), recurrent spending on social and community services (RSCS), recurre...

Research paper thumbnail of Environment and Growth Sustainability: An Empirical Analysis of Extended Solow Growth Model

Journal of Environmental Science and Economics

The concern about how sustainable growth in the economy can be achieved without a negative impact... more The concern about how sustainable growth in the economy can be achieved without a negative impact on the environment has become a major issue in the world today due to climate change. This study extended the Solow growth model (SGM) to include ecological resources, land, and population. The study also empirically assesses the impact of particulate emission damage (ped), natural resources (nar), growth in agricultural land (gal), and population growth (pgr) on output per worker in Nigeria. An ARDL technique was adopted to empirically analyse the data. The results from the study found that output per worker increased with an increase in the explained variables used in the study. The study concluded that sustainable growth can be achieved through the reduction of human activities that deplete the environment. The study also recommended the need to prevent depletion of land and natural resources and equip the population with productive skills and technology.

Research paper thumbnail of Globalization and Income Inequality in Nigeria

Zenodo (CERN European Organization for Nuclear Research), Jan 22, 2023

The main objective of this study was to empirically examine the influence of globalization on inc... more The main objective of this study was to empirically examine the influence of globalization on income inequality in Nigeria from 1986 to 2021. The income inequality was represented by the Gini coefficient while globalization was measured by key indices like foreign direct investment, remittances, and trade openness. With the use of the autoregressive distributed lag (ARDL) approach which was as a result of the stationary of our series at levels and first difference as reported by the Augmented Dickey-Fuller unit root test, the study observed that a long-run relationship exists amid inequality and measures of globalization. In the short-run, it was realized that foreign direct investment, remittances, trade openness, and urbanization aided in reducing income inequality in the short-run while inflation accelerated income inequality within the study period. In the long-run, the only measure of globalization that significantly reduce income inequality is remittances; while foreign direct investment significantly increased income inequality in the long-run. the paper concluded that it is not inevitable that measures of globalization have different influence on inequality of income and wealth depending on time.

Research paper thumbnail of Fiscal Policy and Inflation in Nigeria

Asian Journal of Economics, Business and Accounting

Aims: This study aims to analyze how Nigerian government activities impact inflation, considering... more Aims: This study aims to analyze how Nigerian government activities impact inflation, considering the inadequacy of monetary policy. It focuses on recurrent and capital expenditures in various sectors and their influence on inflation, as well as public debt and tax revenue's role in inflation dynamics. Study Design: The study employed secondary data. Place and Duration of Study: Data sources include the National Bureau of Statistics (NBS), Central Bank of Nigeria (CBN) statistical bulletin, Debt Management Office (DMO), and World Development Indicators (WDI) spanning from 1986 to 2021 Methodology: The study employs econometric techniques, including unit root tests and Autoregressive Distributive Lag (ARDL) analysis, with Inflation Rate (IFL) as the dependent variable. Independent variables representing fiscal policy include capital expenditure on transfers (CTRA), recurrent expenditure on administration (RADM), recurrent spending on social and community services (RSCS), recurre...

Research paper thumbnail of Environment and Growth Sustainability: An Empirical Analysis of Extended Solow Growth Model

Journal of Environmental Science and Economics

The concern about how sustainable growth in the economy can be achieved without a negative impact... more The concern about how sustainable growth in the economy can be achieved without a negative impact on the environment has become a major issue in the world today due to climate change. This study extended the Solow growth model (SGM) to include ecological resources, land, and population. The study also empirically assesses the impact of particulate emission damage (ped), natural resources (nar), growth in agricultural land (gal), and population growth (pgr) on output per worker in Nigeria. An ARDL technique was adopted to empirically analyse the data. The results from the study found that output per worker increased with an increase in the explained variables used in the study. The study concluded that sustainable growth can be achieved through the reduction of human activities that deplete the environment. The study also recommended the need to prevent depletion of land and natural resources and equip the population with productive skills and technology.

Research paper thumbnail of Globalization and Income Inequality in Nigeria

Zenodo (CERN European Organization for Nuclear Research), Jan 22, 2023

The main objective of this study was to empirically examine the influence of globalization on inc... more The main objective of this study was to empirically examine the influence of globalization on income inequality in Nigeria from 1986 to 2021. The income inequality was represented by the Gini coefficient while globalization was measured by key indices like foreign direct investment, remittances, and trade openness. With the use of the autoregressive distributed lag (ARDL) approach which was as a result of the stationary of our series at levels and first difference as reported by the Augmented Dickey-Fuller unit root test, the study observed that a long-run relationship exists amid inequality and measures of globalization. In the short-run, it was realized that foreign direct investment, remittances, trade openness, and urbanization aided in reducing income inequality in the short-run while inflation accelerated income inequality within the study period. In the long-run, the only measure of globalization that significantly reduce income inequality is remittances; while foreign direct investment significantly increased income inequality in the long-run. the paper concluded that it is not inevitable that measures of globalization have different influence on inequality of income and wealth depending on time.