Does Urbanization Matter For Poverty Reduction in Nigeria: An Empirical Evidence From Autoregressive Distributed Lag (ARDL) Estimation

Abstract Urbanization has been argued to be having an impact on several other development challenges. To this end, paper aims contribute the empirical literature by exploring effect of urbanization and its' magnitude poverty, both in short run long Nigeria. The macroeconomic analysis was conducted using data from 1982 2017 which obtained World Bank. Bound Test autoregressive distributed-lag (ARDL) estimation techniques were used test existence a cointegration relationship estimate long-run variables poverty reduction. Results study economic standpoint, provide strong evidence that remains important factor reduction further shows while international remittances have positive significant effect, foreign aid government expenditure negative effects long-term period. While findings suggest valid tool fight against need for sustainable policies efforts Nigerian is highly imperative.