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Re-Examining the Long-Run Relationship between Military Spending and Economic Growth in Nigeria: An Autoregressive Distributed Lag Approach

In recent times, Nigerian military expenditure has continued to increase owing to multiple insecurity challenges which has affected economic activities. Rising military spending is justified because no meaning economic development can be attained in the presence of insecurity. Thus, this study re-examines the longrun relationship between military spending and economic growth in Nigeria. The study utilized data on Real Gross Domestic Product (RGDP), Military Spending as a percentage of GDP (MGDP), Gross Fixed Capital Formation (GFCF), Exchange Rate (EXCH) and Balance of Trade (BOT) sourced from…

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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	International Journal of Research and Innovation in Social Science
Date	2026-01-01
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.47772/ijriss.2026.100700969
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W7203832684`

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Re-Examining the Long-Run Relationship between Military Spending and Economic Growth in Nigeria: An Autoregressive Distributed Lag Approach. OpenAlex research, 2026. Vero Archive, record openalex:W7203832684.