International records / OpenAlex research

The Role of Fiscal Policy in the Management of Nigerian Economy

This study critically examined the role of fiscal policy in managing Nigeria’s economy, specifically assessing the impact of government expenditure, taxation, and public debt on Real Gross Domestic Product (RGDP). It employed time series data and the Autoregressive Distributed Lag (ARDL) model, supported by unit root tests and bounds testing to analyze short-run and long-run dynamics. The key findings were clear. Firstly, government spending, especially on areas like roads, schools, and hospitals, had a strong positive effect on economic growth, particularly in the short term. Secondly, taxes …