Impact of Expansionary Budget on Living Standard in Kaduna State, Nigeria (1996 – 2015)
Journal Title: Saudi Journal of Business and Management Studies - Year 2016, Vol 1, Issue 3
Abstract
Abstract: This paper provides empirical analysis of the impact of expansionary budget on living standard in Kaduna State, Nigeria. Relevant time series data were used from 1996 to 2015 which were collected from the Kaduna State Ministry of Budget and Economic Planning. The Ordinary Least Square (OLS) method was used to analyze static and log – linearized model of the data. The result of the regression analysis shows that expansionary budget which is represented by macroeconomic variables (ESE, ASE, RDE, SSE) in Kaduna State exert positive impact on standard of living. The paper therefore, recommended that the implementation mechanism of budgetary discipline should be adequately entrenched for effective implementation and as such the implementation mechanism of expansionary budget in Kaduna State should be checked for effective enhancement of the standard of living because if left unchecked it could jeopardize the entire effort of attaining the social and developmental goals. Keywords: Budget, Expansionary Budget, Living Standard, Economic Growth, Unit Root
Authors and Affiliations
Gimba V. K, Isah Husein Adagiri
Keywords
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