Effect Of Public Expenditure On Poverty Reduction In Nigeria

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Vol 1, 7-9 Oct, 2019.pdf (447.27 KB)

Date

2019-10-07

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Department of Accounting, Nasarawa State University, Keffi.

Abstract

This study investigates the effect cf the public expenditure on poverty reduction in Nigerian entering the period 2001 to 20011. The study used regression analysis to establish the relationship between government spending on education and health (proxies for public expenditure) and poverty reduction The stationarity Of the data series is tested using Augnented Dickey-Fuller (ADF) test. Finding suggest that the relationship between government spending on education and poverty reduction in Nigeria is statistically insignificant Also the relationship between gouenment spending on health and poverty reduction is statistically insignificant The results indicate that public expenditure has no significant effect on poverty reduction in Nigeria The budgetary allocation to the education sector is still below the United Nations recommended rate cf 26% . On the basis cf the finding, the study recommends, among Others, that there should be gradual and steady increase in government spending in both education and health sectors cf the Nigerian economy with a View to reducing poverty rate in the country.

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Keywords

Public Expenditure, Poverty Reduction, Government Spending, Education Sector, Health Sector

Citation

Akinlabi, B.H, Kehinde, J.S. & Jegede, CA (2011). Public infrastructures: A n approach to poverty alleviation and economic development in Nigeria European Journal of Humanities and Social Sciences. 4(l),p29-48. Ames, B., Brown ,W., Devarajan, S., & Izquierdo A. (2001). Macroeconomic policy and poverty reduction. Washington, D.C.: International Monetary Fund and the World Bank Awe, A.A. (2013). Government expenditure and poverty reduction in Ekiti State, Nigeria Research Journal of Finance and Accounting. Vol. 4. No. 5, P95-104 Blaug, M. (1970) Introduction to the economics cf education Middlesex: Penquim Books Ltd Enyim, O. B. (2013). Government spending and poverty reduction in Nigeria’s economic International Journal of Social Sciences and Humanities Reviews 4 (1), p!03 - 115 Fan, S. (2008) .Dos alloaction cf public spending matter in poverty reduction? Evidence from Thailand. Asian Economic Journal, Vol. 22. No.4, p. 411-430. Geremek,B. (1994). Poverty A History. Oxford. Blackwell Gillin, J. (1926). Poverty and dependency Their relief and prevention Century. New York Grosh, M. (1995). Towards quantifying the trade-eff Administrative costs and incidence in Targeted Programmes in van de Walle and Nead (1995) Public Spending and the poor. pp 445-487 Gujarati, D. N. & Porter, D. C. (2009). Basic econometrics. 5th‘ed. Boston: McGraw-Hill..

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https://keffi.nsuk.edu.ng/handle/20.500.14448/728

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