Effect Of Government Expenditure On Economic Growth Of Nigeria (1986-2018)
ABSTRACT
The study examined the effect of
government expenditure on economic growth of Nigeria from 1986-2018. The study
made use of ex post facto research design which involved gathering time series
data from the Central Bank of Nigeria statistical Bulletin 2018 edition. The
Ordinary Least Square method was used as method of data analysis. The findings
of the work revealed that there is a positive insignificant effect on recurrent
and capital expenditure on economic growth of Nigeria. The study therefore
concludes that government expenditure significantly affects economic growth of
Nigeria and that there is a long run relationship between government
expenditure and economic growth of growth during the period under study. On the
basis of the findings, it was recommended that government should use recurrent
expenditure that would increase consumption and enhance economic activities. Also,
government should increase its capital expenditure and judiciously embark on
project that would boost economic growth.
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EMERUWA, C (2021). Effect Of Government Expenditure On Economic Growth Of Nigeria (1986-2018). Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-of-nigeria-1986-2018-7-2
CHIDINMA, EMERUWA. "Effect Of Government Expenditure On Economic Growth Of Nigeria (1986-2018)" Mouau.afribary.org. Mouau.afribary.org, 23 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-of-nigeria-1986-2018-7-2. Accessed 02 Nov. 2024.
CHIDINMA, EMERUWA. "Effect Of Government Expenditure On Economic Growth Of Nigeria (1986-2018)". Mouau.afribary.org, Mouau.afribary.org, 23 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-of-nigeria-1986-2018-7-2 >.
CHIDINMA, EMERUWA. "Effect Of Government Expenditure On Economic Growth Of Nigeria (1986-2018)" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-of-nigeria-1986-2018-7-2