Budget Implementation and Economic Growth in Nigeria: An Exploratory Review (2014-2018)
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2018, Vol 8, Issue 4
Abstract
The study examined the implementation of budget and economic growth in Nigeria from 2014-2018. The objective is to investigate the impact of Public Capital Expenditure (PCE), Public Recurrent Expenditure (PRE) and Public Debt Expenditure (PDEX) on economic growth of Nigeria during the period under review. Using ex-post factor research design, data on PCE, PRE and PDEX (explanatory variables) and economic growth (dependent variable) proxied by Gross Domestic Product (GDP) were collected from Central Bank of Nigeria (CBN) and National Bureau of Statistics (NBS) reports. The data were empirically analyzed using multiple regressions. The results revealed that PCE and PRE have significant impact on GDP except PDEX that do not show any impact. The study recommended that government should pay attention to budgeting more of her resources (revenues) on PCE and PRE, implement and monitor the budgets for desired economic growth.
Authors and Affiliations
Sani Alfred Ilemona, Nwite Sunday
Keywords
Related Articles
- EP ID EP506440
- DOI 10.6007/IJARAFMS/v8-i4/5571
- Views 69
- Downloads 0
Effects of Individual Characteristics and Work Related Factors on the Turnover Intention of Accounting Professionals
Employee turnover is very costly for organizations. Apart from costs related to hiring of new employees, loss of experienced personnel may lead to a variety of problems in organizations such as decrease in productivity,...
Constructive Relationship between Accountancy and the Corporate Governance, Under the Context of Normalization
The Social, Cultural and Political Factors that Influence the Level of Mergers and Acquisitions
The aim of this paper is to analyze the cultural, social and political factors that can influence the mergers and acquisition (M&As) decision. Our study analyze if the investors perception towards investment in an econom...
Econometric Analysis Model of the Correlation between Final Consumption and Gross Disposable Income
This article highlights the effective possibilities for the use of linear regression model to analyze the evolution of final consumption. In this context, I consider this indicator as a dependent variable, whose variatio...
Predictive Relationships among the Elements of the Fraud Diamond Theory: The Perspective of Accountants
This study researched the predictive relationships among the elements of fraud diamond theory and how accountants rank these relationships for early detection of fraud. A ranking Likert scale questionnaire on the four el...