Modelling Income Inequality and Child Labour: Effect on Child Nutrition

Semiu Ayinla Alayande^1, and Ankeli Uchechi. C²

¹Department of Mathematical Sciences, College of Natural Sciences, Redeemer’s University, Ede, Osun State, Nigeria

²Federal Polytechnic Ede, Ede, Osun State, Nigeria

Cite this paper:
Semiu Ayinla Alayande and Ankeli Uchechi. C. Modelling Income Inequality and Child Labour: Effect on Child Nutrition. Journal of Finance and Economics. 2022; 10(2):43-46. doi: 10.12691/jfe-10-2-2

Abstract

Childhood malnutrition is a real-life chronic problem and one of the global major public health challenges, especially in developing countries like Nigeria. Income inequality causes socio-political unrest and it has been directly linked to a reduction in happiness level as well. The returns to capital are distributed unequally enough that some families still must send their children to work in order to sustain themselves. In this article, Augmented Dickey-fuller unit root test and Phillip Peron test are used to determine the existence of long run equilibrium relationship among the variables. There is a long run positive relationship between the Gini coefficient, unemployment rate and mortality rate. The model shows that education, real GDP, inflation and government growth in expenditure does not affect child labour directly.

Keywords:
income inequality child labour Gini co-efficient Augumented Dicket-fuller

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