Testing Relationship between Government Current Expenditures and Economic Growth in Nigeria

Abstract

This study investigates the relationship between government recurrent expenditures and economic growth in Nigeria for 18 years: 1999-2016. In doing this, the paper disaggregated government current expenditures into five categories used as explanatory variables. The estimated result showed that influence of government expenditures on national assembly, pensions and gratuities had insignificant effect on economic growth. However, total government expenditures on administration and public debt servicing had a positive and significant effect on economic growth. Also the study revealed that total government expenditures on transfers had insignificant effect on economic growth. Study therefore recommends that annual government recurrent expenditures on administration and public debt servicing should be sustained as they led to economic growth, but that all leakages arising from such spending should be blocked in order to achieve an enhanced growth.

Empirical Analysis of Government Agricultural Spending and Agricultural Output in Nigeria

“…Deducing from above, the study found that there is a positive influence of government agricultural spending on agricultural output in Nigeria in the long-run. The finding is consistent with that of Uremadu, Ariwa and Uremadu [11] and Iganiga and Unemhilin [18] that found a positive influence of government spending on the growth of agricultural output. However, it is at variance with that of De and Dkhar [21] who found that the effect of public agricultural expenditure on agricultural output is significantly negative.…”

“…The novelty in this current study is that it has considered the model in a system to take account of endogeneity that may exist among the explanatory variables. In a closely related study, Uremadu, Ariwa and Uremadu [11] also examined the effect of government agricultural expenditure on agricultural output in Nigeria using annual time series data from 1981 to 2014. Johansen cointegration test was employed in a bid to capture the effect of government agricultural expenditure on agricultural output within a system of equations.…”

Manajemen Hubungan Sekolah Masyarakat dalam Meningkatkan Citra Sekolah di Masa Pandemi Covid-19

“…Pada penelitian sebelumnya yang dilakukan oleh (Uremadu, 2017) Hubungan sekolah masyarakat telah menjadi trend untuk memperkuat hubungan dan komunikasi antara sekolah dengan organisasi lainnya (Çoruk, 2018). Sedangkan menurut (Auta & Noleen, 2018)…”