Okonkwo, K. (2018) IMPACT OF FISCAL POLICY ON ECONOMIC GROWTH IN NIGERIA. Diploma thesis, GODFREY OKOYE UNIVERSITY, ENUGU.
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Abstract
This work is based on an empirical analysis of the impact of fiscal policy on economic growth in Nigeria 1981-2015.Themainobjectiveofthisstudyistoempiricalinvestigate/assesstheimpactoffiscalpolicyonNigeriaeconomicgrowth.Amodelwasconstructedtoincorporaterealgrossdomesticproduct(RGDP)asthedependentvariable,tax,capitalexpenditure,recurrentexpenditure,domesticdebtastheindependentvariableandtestedusingtheordinaryleast-square(OLS)techniques.Theempiricalresultshowsthattax,capitalexpenditureandrecurrentexpenditurehavesignificantimpactoneconomicgrowthwhereasdomesticdebthavenosignificantimpactontheeconomicgrowth,moreso,theresultequallyindicatethattaxandcapitalexpenditurehavepositiveimpactontheeconomicgrowthinNigeria,whereasrecurrentexpenditureanddomesticdebthavenegativerelationshipontheeconomicgrowthinNigeria.Basedontheresult,theresearcherrecommendsthatHavingseenthepositiverelationshipthatexistbetweentaxandcapitalexpenditureontheeconomicgrowthinNigeria,NigeriangovernmentshouldallocatemoremoneytothecapitalprojectknowingverywellthatitwillhaveasignificantpositiveimpactontheeconomicgrowthinNigeria.
| Item Type: | Thesis (Diploma) |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Arts > Faculty of Law > Faculty of Management and Social Sciences |
| Depositing User: | MISS Kosisochukwu Okonkwo |
| Date Deposited: | 14 Aug 2018 11:29 |
| Last Modified: | 14 Aug 2018 11:29 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/632 |
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