International records / OpenAlex research
Optimizing Public Infrastructure Investment: Evaluating Government Expenditure Efficiency and Economic Growth in Nigeria
This study therefore examined the effect of government expenditure on infrastructural development and its influence on economic growth in Nigeria from 1999-2022. Using secondary data obtained from the Central Bank of Nigeria, World Development Indicators, and African Infrastructure Development reports, the paper adopts the Autoregressive Distributed Lag (ARDL) model to investigate short-, mid-, and long-run relationship between public expenditure and gross domestic product (GDP). Augmented Dickey-Fuller (ADF) test results support that the variables are integrated at mixed order of integration,…
