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Solving The Poverty Crisis In Nigeria: An Applied General Equilibrium Approach

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  • GODWIN CHUKWUDUM NWAOBI

Abstract

PERHAPS, POVERTY AND PLENTY IS THE WORLD'S GREATEST CHALLENGE. THIS STUDY THEREFORE PROPOSE AN APPLIED(COMPUTABLE)GENERAL EQUILIBRIUM APPROACH, THAT IS A RENEW ATTENTION TO THE PROBLEM OF POVERTY , EMPLOYMENT AND INEQUALITY THAT EARLIER STRATEGIES FOCUSING ON RAPID GROWTH WERE UNABLE TO RESOLVE. USING NIGERIA AS A CASE STUDY, WE PERFORM THE SPECIFICATION, ESTIMATION AND CALIBRATION OF A POVERTY-BASED MODEL WITHIN DATA FRAMEWORK OF SOCIAL ACCOUNTING MATRIX(SAM). THE RESEARCH OUTPUT IS EXPECTED TO BE THE POLICY RESPONSE TO THE ENVISAGED COMPLEX HUMANITARIAN EMERGENCIES(CHEs) FACING POOR COUNTREIS SUCH AS NIGERIA.

Suggested Citation

  • Godwin Chukwudum Nwaobi, 2003. "Solving The Poverty Crisis In Nigeria: An Applied General Equilibrium Approach," Computational Economics 0312003, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpco:0312003
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/comp/papers/0312/0312003.pdf
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    References listed on IDEAS

    as
    1. Ajakaiye, D.O., 1999. "Macroeconomic Effects of VAT in Nigeria: a Computable General Equilibrium Analysis," Papers 92, African Economic Research Consortium.
    2. Steven J. Keuning & Willem A. de Ruuter, 1988. "Guidelines To The Construction Of A Social Accounting Matrix," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 34(1), pages 71-100, March.
    3. repec:aer:wpaper:92 is not listed on IDEAS
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    Cited by:

    1. Dr Pally Ejime Agidi PhD, 2023. "Nigeria as the Poverty Headquarters of the World: Implications for Her National Development and Relationship with External World," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(10), pages 461-469, October.
    2. Ogbole F.E. OROKPO & Christopher Ochanja NGARA, 2017. "ICT as Alternative Model for Poverty Reduction in Nigeria: An Appraisal of the Telecom Revolution," International Journal of Publication and Social Studies, Asian Economic and Social Society, vol. 2(1), pages 14-22, March.
    3. Adebayo Temitope A, 2020. "Evaluation of Nigeria Poverty Alleviation and Sustainable Development," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(9), pages 431-434, September.
    4. Dr. Godwin Chukwudum Nwaobi, 2004. "Corruption And Bribery In The Nigerian Economy: An Empirical Investigation," Public Economics 0404006, University Library of Munich, Germany.

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    More about this item

    Keywords

    POVERTY; APPLIED GENERAL EQUILIBRIUM MODEL; SOCIAL ACCOUNTING MATRICE; NIGERIAN ECONOMY; EMPLOYMENT; INEQUALITY;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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