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2019•Journal of Advances in Social Science and HumanitiesRequires access

Effect of Government Expenditure on Economic Growth in Nigeria (1986 -2018)

Muhammad Dahiru Ahmad, Wada Mato Rantan, Yunana Titus Wuyah

Open publisher page 2 citations

Abstract

This paper investigates the effect of government expenditure on economic growth in Nigeria using time series data spanning 1986-2018 were analysed using the Ordinary Least Squared Regression technique. It was found that government capital expenditure and government recurrent expenditure has a positive and significant impact on economic growth. Government expenditure drives economic growth in Nigeria and the study recommends that more of government’s resources should be directed to especially capital expenditure and recurrent expenditure in terms of income to increase aggregate demand.

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What this paper is about

This paper investigates the effect of government expenditure on economic growth in Nigeria using time series data spanning 1986-2018 were analysed using the Ordinary Least Squared Regression technique. It was found that government capital expenditure and government recurrent expenditure has a positive and significant impact on economic growth. Government expenditure drives economic growth in Nigeria and the study recommends that more of government’s resources should be directed to especially capital expenditure and recurrent expenditure in terms of income to increase aggregate demand.

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Available abstract

This paper investigates the effect of government expenditure on economic growth in Nigeria using time series data spanning 1986-2018 were analysed using the Ordinary Least Squared Regression technique. It was found that government capital expenditure and government recurrent expenditure has a positive and significant impact on economic growth. Government expenditure drives economic growth in Nigeria and the study recommends that more of government’s resources should be directed to especially capital expenditure and recurrent expenditure in terms of income to increase aggregate demand.

Key concepts: Aggregate expenditure, Government expenditure, Capital expenditure, Economics, Government (linguistics), Ordinary least squares, Capital (architecture), Human capital

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