International records / OpenAlex research
Public Expenditure and Economic Development in Nigeria
This study investigates the relationship between public expenditure and economic development in Nigeria, focusing on the distinct effects of capital and recurrent expenditure. Anchored on Human Capital Theory, the study aims to determine how these two expenditure components influence improvements in the Human Development Index (HDI) as a holistic measure of development. A positivist and deductive research design was adopted, relying on ex-post facto and time-series methods. Secondary data covering 1981–2022 were sourced from the World Development Indicators, UNDP Human Development Reports, and…
