PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA
The paper evaluated the public finance in the military and civilian regime. It also examined the effects of recurrent expenditure, capital expenditure and revenue on Gross Domestic Product (GDP). The methodology used for this paper was mixed method. ARDL (Auto-Regression Distributed Lag) bounds tes...
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| Format: | Article |
| Language: | English |
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Kwara State University, Malete Nigeria
2023-11-01
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| Series: | Malete Journal of Accounting and Finance |
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| Online Access: | https://majaf.com.ng/index.php/majaf/article/view/23 |
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| _version_ | 1823859604631584768 |
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| author | Adeoye Afolabi |
| author_facet | Adeoye Afolabi |
| author_sort | Adeoye Afolabi |
| collection | DOAJ |
| description |
The paper evaluated the public finance in the military and civilian regime. It also examined the effects of recurrent expenditure, capital expenditure and revenue on Gross Domestic Product (GDP). The methodology used for this paper was mixed method. ARDL (Auto-Regression Distributed Lag) bounds test approach was used to estimate the result of this study. The finding of the study revealed that recurrent expenditure was more prevalent under civilian governments than the military governments. The ARDL (Auto-Regression Distributed Lag) indicated that revenue is significant in reducing the Gross Domestic Product. This finding suggests what is currently happening with the Federal Government where revenue adversely affect the Gross Domestic Product. The study recommends that the Federal Government should find more sources of revenue and the government spending should pass through proper accountability and transparent process.
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| format | Article |
| id | doaj-art-4421d795c4824ecaaca4f13cd6590b12 |
| institution | Kabale University |
| issn | 2735-9603 |
| language | English |
| publishDate | 2023-11-01 |
| publisher | Kwara State University, Malete Nigeria |
| record_format | Article |
| series | Malete Journal of Accounting and Finance |
| spelling | doaj-art-4421d795c4824ecaaca4f13cd6590b122025-02-10T23:06:33ZengKwara State University, Malete NigeriaMalete Journal of Accounting and Finance2735-96032023-11-0111PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIAAdeoye Afolabi0Kwara State University, Malete The paper evaluated the public finance in the military and civilian regime. It also examined the effects of recurrent expenditure, capital expenditure and revenue on Gross Domestic Product (GDP). The methodology used for this paper was mixed method. ARDL (Auto-Regression Distributed Lag) bounds test approach was used to estimate the result of this study. The finding of the study revealed that recurrent expenditure was more prevalent under civilian governments than the military governments. The ARDL (Auto-Regression Distributed Lag) indicated that revenue is significant in reducing the Gross Domestic Product. This finding suggests what is currently happening with the Federal Government where revenue adversely affect the Gross Domestic Product. The study recommends that the Federal Government should find more sources of revenue and the government spending should pass through proper accountability and transparent process. https://majaf.com.ng/index.php/majaf/article/view/23Revenuerecurrentexpenditurecapital expenditureeconomic growth |
| spellingShingle | Adeoye Afolabi PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA Malete Journal of Accounting and Finance Revenue recurrent expenditure capital expenditure economic growth |
| title | PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA |
| title_full | PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA |
| title_fullStr | PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA |
| title_full_unstemmed | PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA |
| title_short | PUBLIC FINANCE AND ECONOMIC GROWTH IN NIGERIA |
| title_sort | public finance and economic growth in nigeria |
| topic | Revenue recurrent expenditure capital expenditure economic growth |
| url | https://majaf.com.ng/index.php/majaf/article/view/23 |
| work_keys_str_mv | AT adeoyeafolabi publicfinanceandeconomicgrowthinnigeria |