Impact Of Government Expenditure On Economic Growth Of Nigeria (I982-2017):- Ogbonna, Sunday C
ABSTRACT
The
purpose ofthe study was to assess the effect of government expenditure on
economic growth in Nigeria (1982 - 2017). The study identified two specific
objectives with two corresponding research questions and hypotheses. Secondary
data obtained from CBN Statistical Bulletin (2015) on variables such as
agriculture government expenditure on agriculture and salaries and wages and
Gross Domestic Product (GDP) (as a proxy for economic growth) was used in the
study. The data covered the period of26 years ranging from 1982 to 2017. The
collected data were analyzed using ordinary least square (OLS) multiple
regression method. The findings revealed that government expenditure on
agriculture has significant impact on economic growth in Nigeria. It also
revealed that government expenditure on salaries and wages has significant
impact on economic growth in Nigeria. Based on the findings and conclusions
ofthe study, it was recommended among others that government should provide
adequate fund for agriculture and salaries and wages should be paid promptly.
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OGBONNA, O (2024). Impact Of Government Expenditure On Economic Growth Of Nigeria (I982-2017):- Ogbonna, Sunday C. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-of-nigeria-i982-2017-ogbonna-sunday-c-7-2
OGBONNA, OGBONNA. "Impact Of Government Expenditure On Economic Growth Of Nigeria (I982-2017):- Ogbonna, Sunday C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 08 Jul. 2024, https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-of-nigeria-i982-2017-ogbonna-sunday-c-7-2. Accessed 23 Nov. 2024.
OGBONNA, OGBONNA. "Impact Of Government Expenditure On Economic Growth Of Nigeria (I982-2017):- Ogbonna, Sunday C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 08 Jul. 2024. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-of-nigeria-i982-2017-ogbonna-sunday-c-7-2 >.
OGBONNA, OGBONNA. "Impact Of Government Expenditure On Economic Growth Of Nigeria (I982-2017):- Ogbonna, Sunday C" Repository.mouau.edu.ng (2024). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-of-nigeria-i982-2017-ogbonna-sunday-c-7-2