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Impact of Public Spending on Poverty Reduction in Nigeria

This study examined the impact of public spending on poverty reduction in Nigeria, focusing on Education and health. Using time-series data from 1985 to 2016, the Autoregressive Distributed Lag (ARDL) model assessed short- and long-term effects. Descriptive statistics showed an average poverty rate of 55.50%, with government spending on Education and health averaging ₦113.43 billion and ₦65.97 billion, respectively. Despite increased expenditure, poverty remained high. The unit root test confirmed stationarity at the first difference, and cointegration analysis indicated a long-run relationshi…

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    from https://www.nber.org/system/files/chapters/c2302/c2302.pdf