POPULATION GROWTH INDUCED AND HOUSEHOLDS FINANCIAL VULNERABILITY IN NIGERIA

Autori

  • Chidinma C. Mbah Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria
  • Chike K. Okoli Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria
  • Chinecherem M. Uzonwanne Rev.Sr(Dr), Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria

DOI:

https://doi.org/10.46827/ejefr.v5i2.1155

Parole chiave:

population growth, financial vulnerability, household welfare

Abstract

Nigeria has been recording a rapid increase in its population over the years. This reality has posed a serious concern for the welfare of households especially as the increase in population growth puts households at the risk of financial vulnerability. Based on this, this study is on the move to examined the impact population growth induced has on household in Nigeria. The study made use of secondary data obtained from World Bank and the Central Bank statistical bulletine spanning from 1981 to 2020 to analyze the impact of population growth induced and its financial vulnerability on household using a structural vector autoregressive model (SVAR). After the analysis, the study found out that in the long run, an increase in financial vulnerability, due to an increase in population growth decreases household welfare in Nigeria. Hence, this study recommends that the Nigerian legislature should formulate a law against rapid population growth induced to ensure that the increase in population does not outscore the means of subsistence. JEL: H10; H31

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Biografie autore

  • Chidinma C. Mbah, Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria
    Chidinma C. Mbah is a lecturer in the Department of Economics, Faculty of Social Sciences, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria. She hails from Akpo, Aguata Local Government Area, Anambra State, Nigeria. She obtained her B.Sc Economics, M.Sc Economics and PhD (in view) from Chukwuemeka Odumegwu Ojukwu University (formally Anambra State University), Anambra State, Nigeria. She Specializes in Development and International Economics.
  • Chike K. Okoli, Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria
    Chike K. Okoli is a lecturer in the Department of Economics, Faculty of Social Sciences, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria. He hails from Amaokpala, Orumba North Local Government Area, Anambra State, Nigeria. He obtained his B.Sc Economics from Chukwuemeka Odumegwu Ojukwu University (formally Anambra State University), Anambra State, Nigeria. M.Sc Economics and PhD (in view) from Nnamdi Azikiwe University, Awka, Anambra State Nigeria. He specializes in Development Economics.
  • Chinecherem M. Uzonwanne, Rev.Sr(Dr), Department of Economics, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria
    Uzonwanne Maria Chinecherem (PhD) is a lecturer in the Department of Economics, Faculty of Social Sciences, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria. She specializes in Development Economics.

Riferimenti bibliografici

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Pubblicato

2021-09-24

Fascicolo

V. 5 N. 2 (2021)

Sezione

Articles