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Fiscal Policy and the Manufacturing Sector Performance: Effect on Economic Growth

This study examines the impact of the labour market and the manufacturing sector on Nigeria's economic growth from 1993 to 2023. Employing the Solow-Swan growth model and Dynamic Ordinary Least Square (DOLS) analysis, the study investigates the relationship between economic growth and key variables such as labour market participation, manufacturing output, gross fixed capital formation, inflation, and interest rates. The findings reveal that the labour market, manufacturing output, and gross fixed capital formation positively and significantly influence Nigeria's real GDP, indicating their piv…

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    SHA-256 67a1389307ef1982a9d8a363d48e91e35e90daf0edeb9400cdfb6727bd0e795c
    from https://www.iiardjournals.org/get/IJSSMR/VOL. 11 NO. 1 2025/Fiscal Policy and the Manufacturing 357-368.pdf