fiscal policy and economic growth in nigeria pdf

Fiscal policy and economic growth in nigeria pdf

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Published: 10.05.2021

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Macroeconomic policies and economic growth in Nigeria

The study examined the impact of government fiscal and monetary policies on economic growth within the period of 33 years Time series data were derived from the Central Bank of Nigeria statistical bulletin, while the method of analysis was the Johansen Cointegration test, vector error correction method and the Wald test of coefficient.

The Nigerian government over the years embarked on diverse macroeconomic policy options to tinker the economy on the path of growth and development. Amongst the policy options readily employed is that of fiscal policy. Despite the lofty place of fiscal policy in the management of the Nigerian economy, the economy is yet to come on the path of sound growth and development. The intent of fiscal management is essentially to stimulate economic and social development by pursuing a policy stance that ensures a sense of balance between taxation, expenditure and borrowing that is consistent with sustainable growth. However, the extent to which fiscal management engenders private investment continues to attract theoretical and empirical debate especially in developing countries like Nigeria.

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Nordhaus, Venus Khim-Sen Liew, Andreas Schabert, Leeper, Wong, Ka-fu,


The system can't perform the operation now. Try again later. Citations per year. Duplicate citations. The following articles are merged in Scholar. Their combined citations are counted only for the first article.

Results showed that there is difference in the effectiveness of fiscal policy in stimulating economic growth during and after regulation period.

Macroeconomic policies and economic growth in Nigeria

So, All of authors and contributors must check their papers before submission to making assurance of following our anti-plagiarism policies. Macroeconomic policies and economic growth in Nigeria was determined through co-integration and error correction modeling techniques. The time series properties of the variables were investigated by conducting a unit root test using annual series data for the period and the data source was mainly Central Bank of Nigeria Statistical Bulletin. The result of the parsimonious ECM analysis shows that monetary rather than fiscal policy exerts a great positive impact on economic growth in Nigeria. Also, the granger causality results show bidirectional causation between GDP, total government expenditure and broad money supply.

Tax revenue is frequently considered as an alternative form of sustainable financing within a stable and predictable fiscal environment to promote growth and enable governments to finance their social and infrastructural needs. The objective of the study is to examine the effect of tax revenue on economic growth of Nigeria and Ghana. The study used multiple regressions as tools of analysis. The study finds a positive impact of tax revenue on the gross domestic product of Nigeria and Ghana confirming prior studies.

This study examines the asymmetric effect of government spending on economic growth in Nigeria over the period — Specifically, this study investigates whether the response of economic growth to government spending shocks differs according to the nature of shocks on them. In addition, the authors examine whether the stabilizing effects of fiscal policies are dependent on the state of the business cycle. The study adopts the linear fiscal reaction function in addition to the nonlinear regression model of Hatemi-J , , Granger and Yoon , which allows us to separate negative shocks from positive shocks to government spending.

Duplicate citations

Похоже, он не передал ничего хотя бы отдаленно похожего на набор букв и цифр - только список тех, кого ликвидировал. - Черт возьми! - не сдержался Фонтейн, теряя самообладание.  - Он должен там. Ищите. Джабба окончательно убедился: директор рискнул и проиграл. Шеф службы обеспечения систем безопасности спустился с подиума подобно грозовой туче, сползающей с горы, и окинул взглядом свою бригаду программистов, отдающих какие-то распоряжения. - Начинаем отключение резервного питания.

Ключ к шифру-убийце - это число. - Но, сэр, тут висячие строки. Танкадо - мастер высокого класса, он никогда не оставил бы висячие строки, тем более в таком количестве. Эти висячие строки, или сироты, обозначают лишние строки программы, никак не связанные с ее функцией. Они ничего не питают, ни к чему не относятся, никуда не ведут и обычно удаляются в процессе окончательной проверки и антивирусной обработки. Джабба взял в руки распечатку.

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  • Posmontsorgi 16.05.2021 at 10:05

    Fiscal policy fosters economic growth and development through a number of different channels. These include the macroeconomic (influence on budget deficit​.

  • Ila L. 16.05.2021 at 20:54

    PDF | This article aims at determining the impact of various components of fiscal policy on the Nigerian economy. We simply used descriptive.

  • Rachelle S. 17.05.2021 at 15:43

    This paper aims to study the effect of fiscal and monetary policy on economic growth in Nigeria. The major objective of this research work is to.

  • Olympia D. 18.05.2021 at 22:28

    Target times pdf free download why are you suitable for this job sample answer pdf


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