Effect Of Budget Deficit On Nigerian Economy (2005-2016)

Norah Chinwendu | 56 pages (9555 words) | Projects

ABSTRACT

The research was undertaken to ascertain the effects of budget deficits on the Nigerian economy. Ex-post facto research design was adopted using secondary data extracted from the annual report of the CBN and statistical bulletin from 2005-2016. The study used the ordinary least square method of simple regression to analyse the research work and the variables were logged based on the fact that they are of different magnitudes. The study revealed that the estimated coefficient of the regression parameter has a positive sign which implies that there is a very high relationship between budget deficits and the various dependent variables. It was recommended that the government should introduce Structural Adjustment Programme to adjust some of the budget made before approval, to minimize their external borrowing and stick to plan.

TABLE OF CONTENTS

Title page

Declaration

Certification

Dedication

Acknowledgements

Table of contents

List of tables

Abstract

CHPATERONE: INTRODUCTION

1.1 Background of the Study

1.2 Statement of the Problem

1.3 Objectives of the study

1.4 Research Questions

1.5 Research Hypothesis

1.6 Significance of the Study

1.7 Scope of the Study

CHAPTERTWO: REVIEW OF RELATED LITERATURE

2.1 Conceptual Framework 8

2.1.1 The Concept of Budgeting. 9

2.1.2 Concept of Budget Deficit 10

2.1.3 Financing of Budget Deficits 10

2.1.4 Budget Classification 11

2.1.5 Government Budgeting System 14

2.1.6 Kinds of Budgeting 16

2.1. 7 Objectives of Budgeting 20

2.1.8 Problems of Budgeting 21

2.1.9 Characteristics ofBudgeting 22

2.1.10 Functions/Benefits of Budgeting 23

2.1.11 Economic Effects of Budget Deficit 24

2.2 Theoretical Framework 25

2.2.1. The standard view of budget deficits 25

2.2.2. The Richardiari view of budget deficits 26

2.2.3. The neoclassical view of budget deficits 28

2.3 Empirical Review 30

SECTION THREE: RESEARCH METHODOLOGY

3 .1 Research design 32

3.2 Area of the study 32

3 .3 Method of data collection 33

3 .4 Method of data analysis 34

3 .6 Model Specification 34

CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND DISCUSSION

4.1 Data Presentation 36

4.2 Data Analysis 36

4.3 Test of hypothesis 37

4.3.1 Test of hypothesis one 37

4.3.2 Test of hypothesis two 39

4.3.3 Test ofhypothesis three 40

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1 Summary 43

5 .2 Conclusion 43

5.3 Recommendations 43

REFERENCES

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APA

NORAH, C (2021). Effect Of Budget Deficit On Nigerian Economy (2005-2016). Repository.mouau.edu.ng: Retrieved Sep 19, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-budget-deficit-on-nigerian-economy-2005-2016-7-2

MLA 8th

CHINWENDU, NORAH. "Effect Of Budget Deficit On Nigerian Economy (2005-2016)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 12 Jan. 2021, https://repository.mouau.edu.ng/work/view/effect-of-budget-deficit-on-nigerian-economy-2005-2016-7-2. Accessed 19 Sep. 2024.

MLA7

CHINWENDU, NORAH. "Effect Of Budget Deficit On Nigerian Economy (2005-2016)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 12 Jan. 2021. Web. 19 Sep. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-budget-deficit-on-nigerian-economy-2005-2016-7-2 >.

Chicago

CHINWENDU, NORAH. "Effect Of Budget Deficit On Nigerian Economy (2005-2016)" Repository.mouau.edu.ng (2021). Accessed 19 Sep. 2024. https://repository.mouau.edu.ng/work/view/effect-of-budget-deficit-on-nigerian-economy-2005-2016-7-2

Effect Of Budget Deficit On Nigerian Economy (2005-2016)

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