The link between gender inequality, financial development, and economic growth in Nigeria
A spectral Granger causality approach
Bibliographic Data
| ID | 12307331 |
|---|---|
| Authors | Toluwalope Seyi Akinwande (0009-0002-9415-5224, Department of Economics Near East University Nicosia Cyprus), Fatma Turuc (0000-0002-8821-7401, Department of Economics Near East University Nicosia Cyprus, corresponding author), Mehdi Seraj (0000-0002-4746-6970, Department of Economics Near East University Nicosia Cyprus), Huseyin Ozdeser (0000-0001-5385-8949, Department of Economics Near East University Nicosia Cyprus) |
| Year | 2024 |
| Volume | 33 |
| Issue | 2 |
| Pages | 2429-2439 |
| Publication date | 2024-10-26 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sustainable Development (JOURNAL) |
| Journal identifiers | ISSN: 0968-0802 • E-ISSN: 1099-1719 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/sd.3252 |
| OpenAlex | W4403794895 |
| Language | EN |
| Citations received | 3 |
| References cited | 65 |
The male and female genders have crucial roles to play in economic advancement. Thus, the main reason for this research is to pinpoint the causal link between gender inequality (GPIN), financial development (FIDX), inflation (INFL), and economic growth (GDPC) in Nigeria from the year 1980–2020 utilizing the Spectral Granger and Pairwise Granger causality methods and “Residual Augmented Least Square (RALS) cointegration. The RALS result show confirms the stationarity properties of the variables. The Spectral Granger causality outcomes show that GPIN granger causes GDPC in the long, medium, and short–term. In addition, the FIDX granger causes GDPC in the long and short–term, while the medium–term impact is insignificant. For INFL, causality only occurs in the long–term. On the other hand, the Pairwise Granger causality results show that GPIN and FIDX granger cause GDPC, while INFL is insignificant. Therefore, if GPIN and FIDX can predict economic expansion, policymakers need to create policies that can reduce diverse forms of inequalities, promote financial development, and reduce inflation to the barest minimum
Causality (physics · Development economics · Econometrics · Economic inequality · Economics · Granger causality · Inequality · Link (geometry · Macroeconomics · Mathematical analysis · Physics · Economic Growth and Development · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Mathematics
Finance and the sources of growth
Introducing a New Broad-based Index of Financial Development
Gender Equality and Economic Growth
Testing for short- and long-run causality
Population, Technology, and Growth
Testing for a unit root in time series regression
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
Investigating Causal Relations by Econometric Models and Cross-spectral Methods
The Mediating Role of Inflation in the Relationship between Currency Depreciation and Economic Growth
Undoing the Regional Demos? Gender Equality and Economic Growth in Regional Development
Financial development and economic growth
Financial development and economic growth
Nigeria and the Organization of Islamic Cooperation
| Citations per year | 3 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |