ABSTRACT
The general purpose of this study is to
examine the effect of government expenditure on economic growth in Nigeria.
Based on the analysis and the empirical results of the study between Gross
Domestic Product (GDP) and government capital expenditure it is revealed that the estimated coefficient
of the regression parameter have a positive sign and thus conform to our
a-priori expectation. The implication of the sign is that the dependent
variable Gross Domestic Product (GDP) is positively affected by government
capital expenditure. The study revealed a very good relationship between the
dependent variable Gross Domestic Product (GDP) and independent variable
government capital expenditure. From the study, capital expenditure has a
significant effect on gross domestic product. The regression results showed
that the estimated coefficient of the regression parameter of 4.735 have a
positive sign and thus conform to our a-priori expectation. The implication of
the sign is that the dependent variable Gross Domestic Product (GDP) is
positively affected by Recurrent Expenditure (GREXP). The coefficient of
determination R-square of 0.845 implies that 84.5% of the sample variation in
the dependent variable Gross Domestic Product (GDP) is explained or caused by
the explanatory variable while 15.5% is unexplained. The study concludes
Government should conduct a proper evaluation and assessment in order to spend
on critical sectors that will catalyze economic activities to impact positively
on the economy.
EMMANUEL, J (2024). Impact Of Government Expenditure On Economic Growth In Nigeria:- Emmanuel Christiana J. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-emmanuel-christiana-j-7-2
JACHINMA, EMMANUEL. "Impact Of Government Expenditure On Economic Growth In Nigeria:- Emmanuel Christiana J" Mouau.afribary.org. Mouau.afribary.org, 06 Mar. 2024, https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-emmanuel-christiana-j-7-2. Accessed 31 Oct. 2024.
JACHINMA, EMMANUEL. "Impact Of Government Expenditure On Economic Growth In Nigeria:- Emmanuel Christiana J". Mouau.afribary.org, Mouau.afribary.org, 06 Mar. 2024. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-emmanuel-christiana-j-7-2 >.
JACHINMA, EMMANUEL. "Impact Of Government Expenditure On Economic Growth In Nigeria:- Emmanuel Christiana J" Mouau.afribary.org (2024). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-emmanuel-christiana-j-7-2