GOVERNMENT EXPENDITURE AND ECONOMIC GROWTH IN NIGERIA (1981 - 2015)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study examined government expenditure and Nigeria’s economic growth within the sample period of 1981-2015. The data for this research work (Gross Domestic Product, government recurrent expenditure and government capital expenditure) was obtained from the CBN Statistical Bulletin (2015) and analysed using ordinary least squares (OLS) technique. Gross domestic product was regressed against government recurrent expenditure and government capital expenditure. Certain econometrics tests were conducted such as Unit Root test, Cointegration test, and Vector Error Correction Model. The result showed that government expenditure had negative effect on economic growth of Nigeria for the period under review. The unit root test indicates that all the variables were stationary at first differencing. The Cointegration test revealed that the variables had a long run relationship with economic growth of Nigeria within the sample period this necessitated the application of Vector Erroe Correction Model, which revealed that government expenditure was statistically significant. Also the R2 was 0.67, showed that 67% of the changes in GDP was caused by changes in the explanatory variables. The f-statistics was statistically significant meaning that the explanatory variables had joint influence on GDP. The Durbin-Watson showed that there is no autocorrelation in the series. Based on this finding the research recommends among others that; government should also restructure its various organs of public administration in order to engender efficiency and effectiveness in service delivery in the cause of its spending.
Related Project Materials
ASSESSMENT OF COST CONTROL TECHNIQUES ON ROAD CONSTRUCTION PROJECT DELIVERY IN FCT ABUJA, NIGERIA
ABSTRACT
In construction industry the aim of project control is to ensure the projects finish on time, within budget and achieving other...
THE DESIGN AND IMPLEMENTATION OF ELECTRONICS SEQUENTIAL SIGN PATTER DISPLAY
Abstract
This design implementation of this electronic sequential sign post display employs the use of some specialized components. This...
THE IMPACT OF MONETARY POLICY ON FOREIGN TRADE IN NIGERIA
ABSTRACT
This research work examines the impact of monetary policies on foreign trade in Nigeria. The research made use...
AN ASSESSMENT OF THE CHALLENGES OF WOMEN IN MANAGEMENT POSITIONS IN SENIOR HIGH SCHOOLS IN THE BOLGATANGA MUNICIPALITY, GHANA
Background to the Study
The negative perception of women maintained by society manifests itself in man...
EFFECT OF BAD ROAD ON ECONOMIC DEVELOPMENT
Background of the study
Economic development of any economy is dependent on the ability of the country...
THE IMPACT OF SOCIAL DISTANCING AND FREQUENT HAND WASHING IN REDUCING THE SPREAD OF CORONA VIRUS (COVID 19) IN NIGERIA (A CASE STUDY OF LAGOS STATE)
ABSTRACT
This study focus on the impact of social distancing and frequent hand washing in reducing the spread of corona...
IMPACT OF ADVERTISING ON THE SERVICES OF FAST FOOD INDUSTRY
ABSTRACT
This work is on the impact of advertising on the services of fast food industry using Mr. Bigg...
PERFORMANCE EVALUATION OF MANET ROUTING PROACTIVE AND REACTIVE ROUTING PROTOCOLS USING NS3
ABSTRACT
Mobile Ad hoc network which is known as MANET is a network communication medium that is made up of mobile wireless node. The net...
POWER SUPPLY AND THE PERFORMANCE OF SMALL AND MEDIUM SCALE INDUSTRIES IN NIGERIA FROM (1986 – 2010)
ABSTRACT
This research work centers on the power supply and the performance of small and medium scale industries in Nigeria from 1986 &nd...
THE BIBLICAL EXAMINATION OF FACTORS RESPONSIBLE FOR DIVISIONS IN THE CHURCHES
Abstract
The main aim of the research is to determine if the difference in belief is the major cause of church division...
