Effect Of Fiscal Policy On Gross Domestic Product: Evidence From Nigeria:- Anagwu, Amarachi N
ABSTRACT
The study analyzed the effect of fiscal policy on
economic growth in Nigeria using time series data from 1990 to 2016. The data
was sourced from Central Bank of Nigeria Statistical Bulletin. I iscai policy
was decomposed into government capital expenditure, recurrent expenditure, lax
revenue and non-tax revenue, while economic growth was measured by real gross
domestic product. The analysis of data was done using multiple regression
analysis. Based on the outcome of the regression analysis, it was found that
capital expenditure had a negative and significant ci.cel on economic growth,
while recurrent expenditure exerted a positive and significant effect on
economic growth in Nigeria. The effect of tax revenue was found to be positive
and insignificant, while non-tax revenue had a negative and insignificant
effect on economic growth in Nigeria. Based on the findings, it was recommended
among other things that Government of Nigeria should enhance investment in
productive expenditure including expenditure on education a> well as ensure
that funds meant for development on these sectors are properly utilized.
0.0
AMARACHI, N (2026). Effect Of Fiscal Policy On Gross Domestic Product: Evidence From Nigeria:- Anagwu, Amarachi N. Repository.mouau.edu.ng: Retrieved Feb 17, 2026, from https://repository.mouau.edu.ng/work/view/effect-of-fiscal-policy-on-gross-domestic-product-evidence-from-nigeria-anagwu-amarachi-n-7-2
NWANNEKE, AMARACHI. "Effect Of Fiscal Policy On Gross Domestic Product: Evidence From Nigeria:- Anagwu, Amarachi N" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 17 Feb. 2026, https://repository.mouau.edu.ng/work/view/effect-of-fiscal-policy-on-gross-domestic-product-evidence-from-nigeria-anagwu-amarachi-n-7-2. Accessed 17 Feb. 2026.
NWANNEKE, AMARACHI. "Effect Of Fiscal Policy On Gross Domestic Product: Evidence From Nigeria:- Anagwu, Amarachi N". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 17 Feb. 2026. Web. 17 Feb. 2026. < https://repository.mouau.edu.ng/work/view/effect-of-fiscal-policy-on-gross-domestic-product-evidence-from-nigeria-anagwu-amarachi-n-7-2 >.
NWANNEKE, AMARACHI. "Effect Of Fiscal Policy On Gross Domestic Product: Evidence From Nigeria:- Anagwu, Amarachi N" Repository.mouau.edu.ng (2026). Accessed 17 Feb. 2026. https://repository.mouau.edu.ng/work/view/effect-of-fiscal-policy-on-gross-domestic-product-evidence-from-nigeria-anagwu-amarachi-n-7-2