International records / OpenAlex research

Fiscal Policy-Economic Growth Correlates: Further Evidence from Nigeria Economy

The study investigated the impact of fiscal policy on economic growth in Nigeria from the period of 1970 to 2014.The data used was sourced from Central Bank of Nigeria Statistical Bulletin of various issues and World Bank Development Indicator (WDI) and the Cointegration and Error Correction (ECM) approaches were utilized in analyzing the data.The result of the unit root test shows that government capital expenditure, oil revenue, gross domestic product and tax revenue are stationary at first difference I(1), while government recurrent expenditure is stationary at levels at levels I(0).The co-…