The Contribution of Government Expenditure to Promote Economic Growth in Nigeria
Journal Title: International Journal of Humanities and Social Science Invention - Year 2017, Vol 6, Issue 9
Abstract
The research investigate the contribution of government expenditure to promote economic growth in nigeria using annual time series data and employed ADF and PP for the unit root, Johansen cointegration, ordinary least square and Granger causality tests as the means of statistical inference. The result revealed that both the series are cointegrated of order one except the LGDP that bestow the combination of stationary at level value and Johansen revealed cointegration of the series at 5 percent significant level while government expenditure were found to be negatively affect the economic growth and private investment and exchange rate are positively relate. The result of Granger causality indicates unidirectional causality running from government expenditure, private investment and exchange rate. To this end, the study recommends that, government should give emphasis on capital expenditure through the provision critical infrastructure and to provide appropriate measures that can aid stimulate private investment potentials and attract foreign direct investment
Authors and Affiliations
Kachalla Umar Mustapha, Dr. Umar Lawan
Keywords
Related Articles
- EP ID EP405906
- DOI -
- Views 56
- Downloads 0
Role of Teachers in Quality Enhancement Education and Human Development
Education means to draw out, to bring up, and to foster and so on. In wider and less definite sense education implies the influences of whole environment upon the individual. It is in fact a process of development in whi...
The Roles of the Language Laboratory in Teaching Languages: A Case Study of Bayero University, Kano
This paper presents some simple ways of teaching languages using the facilities of a typical language laboratory and discusses a sample of the software available for advanced researches in phonetics and phonology, as wel...
Predictors of Institutional Climate
The present investigation is an endeavor to find predictors of Teachers training Institutional Climate. The opinion of 100 teacher trainees studying in three Teachers training Institute was collected through Anand’s Teac...
A Critical survey of the Mahabharta
The Mahabharata, world’s largest epic ever written. The value of this epic is not reduced even an inch in the last 5500 years rather it will be going to increase by the time passes. This is a paper aimed at the critical...
Nature of Indian Federalism: An Analysis of Historical Basis and Problems
Federalism constitutes a complex governmental mechanism for the governance of a country. It binds into one political union several autonomous, distinct, separate and disparate entities or administrative units. It seeks t...