期刊名称：International Journal of Research in Management, Science & Technology
印刷版ISSN：2321-3264
出版年度：2014
卷号：2
期号：1
出版社：Prannath Parnami Institute of Management & Technology, Hisar
摘要：Study investigates effect of government expenditure on economic growth of the Nigeria economy between the periods of (1961-2013). The authors adopt quantitative research methodology using Augmented Dicky-Fuller to test for the stationarity of the variables. Research materials are sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin and UNCTAD Statistical Bulletin. Study found that government expenditure on (capital administration, re-current social and community services, and re-current economic services) contributes positively to economic growth; while, economic expenditure, capital transfers, re-current administration expenditure and re-current transfers contributes negatively to economic growth in Nigeria. The authors reject the null hypothesis and conclude that there is significant relationship between federal government public expenditure and economic growth. Study recommends that the government should continuously increase expenditures (like, capital administration, re-current social and community services, and re-current economic services) that accelerates economic growth, while, increasing expenditures on economic services, capital transfers, re-current administration and re-current transfers to enhance economic growth. The researchers also recommend government to strengthen its core functions by creating strong macro-economic and structural policies to checkmate corrupt top government officials from embezzling government fund in the name of providing jumbo projects and white elephant project that resulted in fund misappropriation which cannot translate positively to economic development of Nigeria. Finally, the authors recommend further studies on government expenditure on ministries establishment and parastatals (MEP) and its impact on the Nigerian economic growth
关键词：Augmented dicky-fuller; co-integration; developed economies; developing economies; economic growth; government expenditure
