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Var Modelling of Dynamics of Poverty, Unemployment, Literacy and Per Capita Income in Nigeria


  • Obalade Adefemi Alamu

    (Assistant Lecturer at Ekiti State University, Ado Akiti, Faculty of Management Sciences, Department of Finance PMB 5363, Ekiti State, Nigeria)

  • Ebiwonjumi Ayooluwade

    (University of Ilorin, Faculty of Physical Sciences, Department of Statistics, PMB 1515, Kwara State, Nigeria)

  • Adaramola Anthony Olugbenga

    (Senior Lecturer at Ekiti State University, Faculty of Management Sciences, Department of Finance PMB 5363, Ekiti State, Nigeria)


Research background: Poverty, unemployment, literacy and per capita income are intertwined. However, there seems to be a disconnect between literacy and good living in Nigeria.

Suggested Citation

  • Obalade Adefemi Alamu & Ebiwonjumi Ayooluwade & Adaramola Anthony Olugbenga, 2019. "Var Modelling of Dynamics of Poverty, Unemployment, Literacy and Per Capita Income in Nigeria," Folia Oeconomica Stetinensia, Sciendo, vol. 19(1), pages 73-88, June.
  • Handle: RePEc:vrs:foeste:v:19:y:2019:i:1:p:73-88:n:6
    DOI: 10.2478/foli-2019-0006

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    References listed on IDEAS

    1. Atsedeweyn, A. Asrat & Olubusoye, Olusanya E., 2009. "A Comparison of Alternative Estimators of Macro-Economic Model of Ethiopia," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 18(1), pages 116-116, December.
    2. McCarty, Therese A & Schmidt, Stephen J, 1997. "A Vector-Autoregression Analysis of State-Government Expenditure," American Economic Review, American Economic Association, vol. 87(2), pages 278-282, May.
    3. Kimberly L. Haden & Larry W. VanTassell, 1988. "Application of Vector Autoregression to Dynamic Relationships within the U.S. Dairy Sector," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 10(2), pages 209-216.
    4. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
    5. Peter Jensen & Michael Svarer, 2003. "Short- and long-term unemployment: How do temporary layoffs affect this distinction?," Empirical Economics, Springer, vol. 28(1), pages 23-44, January.
    6. David A. Bessler, 1984. "Relative Prices and Money: A Vector Autoregression on Brazilian Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(1), pages 25-30.
    7. Michael S. Kaylen, 1988. "Vector Autoregression Forecasting Models: Recent Developments Applied to the U.S. Hog Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 701-712.
    8. World Bank, 2005. "World Development Indicators 2005," World Bank Publications - Books, The World Bank Group, number 12426, December.
    9. Park, Timothy A., 1990. "Forecast Evaluation For Multivariate Time-Series Models: The U.S. Cattle Market," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(1), pages 1-11, July.
    10. repec:wbk:wbpubs:12425 is not listed on IDEAS
    11. Awan, Masood Sarwar & Malik, Nouman & Sarwar, Haroon & Waqas, Muhammad, 2011. "Impact of education on poverty reduction," MPRA Paper 31826, University Library of Munich, Germany.
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    More about this item


    VAR; Poverty; Unemployment; Illiteracy; per capital income;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • P43 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Finance; Public Finance


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