ABSTRACT
This study investigates the effect
of government expenditure on the economic growth of Nigeria. The objectives of
the study are to determine the effect of government expenditure on Gross
Domestic Products, Standard of living and inflation rates in Nigeria. To
achieve the objectives of the study secondary data on Government expenditure,
GDP, consumption and inflation rates were collected for the period 2010 to 2017
and analysed using multiple regression techniques. The findings show that
government (Capital and recurrent) expenditure has a significant effect on GDP
of Nigeria. Secondly, that government (Capital and recurrent) has a significant
influence on standard of living in Nigeria. Lastly, that government (Capital
and recurrent) has no significant influence on inflation rate in Nigeria. The
researcher therefore recommends that government should increase its expenditure
to further drive economic growth. That Government should diversify their
capital investment to areas that will reduce cost of living; so as increase the
standard of living. That In light of the position of the relationship between
the rate of inflation and economic growth, some level of inflation is
advisable/tolerable for economic growth to take place. That Zero inflation
should not be the goal of monetary authority, but sustainable level of
inflation for sustainable growth rate. Therefore, some level of inflation is
good for economic growth in Nigeria.
MONDAY, A (2024). Effect of government expenditure on the economic growth of Nigeria (2012 -2019):- Monday Jessica A.. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-the-economic-growth-of-nigeria-2012-2019-monday-jessica-a-7-2
AKUNNA, MONDAY. "Effect of government expenditure on the economic growth of Nigeria (2012 -2019):- Monday Jessica A." Mouau.afribary.org. Mouau.afribary.org, 07 Mar. 2024, https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-the-economic-growth-of-nigeria-2012-2019-monday-jessica-a-7-2. Accessed 31 Oct. 2024.
AKUNNA, MONDAY. "Effect of government expenditure on the economic growth of Nigeria (2012 -2019):- Monday Jessica A.". Mouau.afribary.org, Mouau.afribary.org, 07 Mar. 2024. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-the-economic-growth-of-nigeria-2012-2019-monday-jessica-a-7-2 >.
AKUNNA, MONDAY. "Effect of government expenditure on the economic growth of Nigeria (2012 -2019):- Monday Jessica A." Mouau.afribary.org (2024). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-the-economic-growth-of-nigeria-2012-2019-monday-jessica-a-7-2