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The Impact of Public Expenditure on Nigerian Economy (1970-2011) (Paperback)

Oga Victor

ISBN 10: 3659927872 / ISBN 13: 9783659927874
Editorial: LAP Lambert Academic Publishing, Germany, 2016
Nuevos Condición: New Encuadernación de tapa blanda
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Language: English. Brand new Book. The specific objectives of the study were to investigate empirically the kind of impact government expenditure has on economic growth, to examine how shocks transmits between government expenditure and economic growth and to outline the constraints limiting the effectiveness of government expenditure and economic growth in Nigeria. This study employed the use of annual Nigerian data for the period 1970 to 2011 for all the variables and the stationarity, granger causality, co-integration and autocorrelation tests were conducted. The study showed that government expenditure had a significant and positive impact on economic growth while imports, savings and unemployment rate had negative impacts on economic growth. Oil revenue also had a positive but insignificant impact on economic growth. The author's recommendations includes among others the following: government should increase her investment on productive economic activities and government should diversify by also investing in other sectors of the economy since the impact of the petroleum industry on growth was found to be insignificant. N° de ref. de la librería KNV9783659927874

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Título: The Impact of Public Expenditure on Nigerian...

Editorial: LAP Lambert Academic Publishing, Germany

Año de publicación: 2016

Encuadernación: Paperback

Condición del libro: New

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Reseña del editor:

The specific objectives of the study were to investigate empirically the kind of impact government expenditure has on economic growth, to examine how shocks transmits between government expenditure and economic growth and to outline the constraints limiting the effectiveness of government expenditure and economic growth in Nigeria. This study employed the use of annual Nigerian data for the period 1970 to 2011 for all the variables and the stationarity, granger causality, co-integration and autocorrelation tests were conducted. The study showed that government expenditure had a significant and positive impact on economic growth while imports, savings and unemployment rate had negative impacts on economic growth. Oil revenue also had a positive but insignificant impact on economic growth. The author’s recommendations includes among others the following: government should increase her investment on productive economic activities and government should diversify by also investing in other sectors of the economy since the impact of the petroleum industry on growth was found to be insignificant.

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