Impacts Of Public Expenditure On Economic Growth In Nigeria

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19 (June 2019).pdf (2.62 MB)

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2019-06-19

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Department of Accounting, Faculty Of Administration, Nasarawa State University, Keffi

Abstract

The study seeks to investigate the impact of public expenditure on economic growth in Nigeria for the period 1961-2014. Administrative services, social and community services and economic services serve as proxy for Public expenditure while Gross Domestic Product served as proxy for Economic Growth. Secondary Data were obtained from CBN statistical bulletin. Ex post facto research design was used for the study. Descriptive statistics were employed in the study. Philip-Perron test and Ordinary Least Square (OLS) regression method was used in carrying out stationary test and Data analysis respectively. The results of the analysis showed that there is significant relationship between public expenditure on administrative services, social and community services and economic services on economic growth. Based on the findings, the study recommends that public expenditure components of Administrative services, social and community services and economic services should be increased which will invariably increase economic growth in Nigeria.

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https://keffi.nsuk.edu.ng/handle/20.500.14448/568

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