International records / OpenAlex research

Budget Deficit and Economic Growth: An Empirical Analysis of Real Sectors’ Performance in Nigeria

Globally, countries have adopted budget deficit as a means of improving the economy. However, the concern of many Nigerians as regard to budget deficit is on whether the upsurge of Budget deficit has contributed to the growth of Nigeria economy. This study examines budget deficit and economic growth: an empirical analysis of the real sectors’ performance in Nigeria. The objectives were to examine the effect of budget deficit on the agricultural sector, the industrial sector and the service sector contribution to economic growth. The study applied Generalised Method of Moment (GMM)model on seco…