Effect of Government Expenditure on Economic Growth in Nigeria (2009-2018):- Okonya-Chukwu, Chidiadi V
ABSTRACT
This
research work Centers on the effect ofGovernment Expenditure on Economic Growth
in Nigeria. Given that Government Expenditure is at the core ofeconomic
stabilization, it is important to examine carefully how it influences the
economic growth so that it would be in agreement with other macroeconomic
objectives. Gross domesticproduct (GDP) was proceeded on the Aggregate
Government capital expenditure and Government Recurrent expenditure in Nigeriafor
the period of2009-2018. The multiple linear regression ofanalysis was used in
analyzing the data collected, and the model used is multiple regression models.
From the result, it is clear that Government Expenditure has a positive and
insignificant impact on the economic growth ofa country. It has been shown in
the cause ofthe research through the review ofempirical literature as well as
the regression results that economic growth in the Nigerian economy is
basically a fiscalpolicyphenomenon, as generally held. Consequently, based
onfindingsfrom the research, the Government shouldpaypriority attention to how
capital expenditure is allocated. Government Expenditure should be adequately
supervised andfurther studies should be conducted to investigate other
influences on the economic growth ofNigeria which would aid budgeting and
implementation.
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OKONYA-CHUKWUJCHIDIADI, V (2024). Effect of Government Expenditure on Economic Growth in Nigeria (2009-2018):- Okonya-Chukwu, Chidiadi V. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-in-nigeria-2009-2018-okonya-chukwu-chidiadi-v-7-2
VALERINE, OKONYA-CHUKWUJCHIDIADI. "Effect of Government Expenditure on Economic Growth in Nigeria (2009-2018):- Okonya-Chukwu, Chidiadi V" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-in-nigeria-2009-2018-okonya-chukwu-chidiadi-v-7-2. Accessed 23 Nov. 2024.
VALERINE, OKONYA-CHUKWUJCHIDIADI. "Effect of Government Expenditure on Economic Growth in Nigeria (2009-2018):- Okonya-Chukwu, Chidiadi V". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Jul. 2024. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-in-nigeria-2009-2018-okonya-chukwu-chidiadi-v-7-2 >.
VALERINE, OKONYA-CHUKWUJCHIDIADI. "Effect of Government Expenditure on Economic Growth in Nigeria (2009-2018):- Okonya-Chukwu, Chidiadi V" Repository.mouau.edu.ng (2024). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-on-economic-growth-in-nigeria-2009-2018-okonya-chukwu-chidiadi-v-7-2