IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH
Abstract
This study assessed the impact of Government expenditure on economic
growth in Nigeria. The study was motivated by the increased contention
among development economists and policy makers as to the relationship
between Government expenditure and economic growth in Nigeria. It
therefore examined the impact of Government recurrent expenditure (GRE)
and Government capital expenditure (GCE) on Nigeria's economic growth
proxied by GDP. Secondary data was used for the research with the Central
Bank of Nigeria (CBN) statistical bulletin being the major source of the data
used for the analysis. The ordinary least square (OLS) method was used to
analyze the data presented in multiple regression. Based on the findings, we
recommend that there is need for government to target spending on
productive sectors of the economy which will bring about sustainable
economic growth.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.