International records / OpenAlex research
Investigating the Crowding Out Effect of Government Expenditure on Private Investment
This study investigates the crowding out effect of government expenditure on private investment in Nigeria using annual data spanning from 1981-2015.The research is shaped by the high level of competition that investors are exposed to in the economy.Competitiveness is also supported by government plans to reduce investment burden by increasing expenditure in all strategic sectors of the economy.The present paper adds to the existing literature by investigating the effect of disaggregated government expenditure on private investment in Nigeria.The estimation techniques of the study include pre-…
