International records / OpenAlex research
Public Expenditure and Economic Growth in Nigeria: A Multivariate Approach to Wagner's Hypothesis
This study examined the effect of Public Expenditure on Economic Growth in Nigeria for the period 1985 to 2023 using data from the CBN Statistical Bulletin 2022. The model used Real Gross Domestic Product (RGDP) for economic growth while Public Expenditure is measured in Expenditure on Administration (ADM), Expenditure on Economic Services (ECONS), Expenditure on Social and Community Services (SOCS), and Expenditure on Transfers (TRANS). It factored Inflation rate (INF) as a control variable. The Autoregressive Distributive Lag (ARDL) revealed long run relationship in the model. It also reveal…
