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Impact Of Government Expenditure On Nigerian Economic Growth (1981 – 2010)
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1.5 SIGNIFICANCE OF THE STUDY
The
result of the study will be of great benefit to the federal republic of
Nigeria because economic growth is the motor *vehicle) of development.
Development is the sustained education of an entire society and social
activity towards a better tomorrow and more human life. The result of
this study will be significant in the following ways:
1) It will help the Nigerian government and her policy makers to restore fiscal discipline in Nigeria.
2)
The study will be important in debt management in Nigeria. This include
government restricting expenditure within he constraints imposed by
available revenue.
3) It will also have implication for formulating a workable model for Nigeria.
1.6 SCOPE AND LIMITATIONS OF THE STUDY
This
study will use an empirical analysis of macro-economic environment that
prevailed in Nigeria between 1981 and 2010. However, literature
especially and notable works and event that relates to the study will be
examined.
In the course of this work, many problem were encountered which affected the final result.
First,
the death of required statistics and limited access to literature. Some
journals and publications which could have been of immense help to this
work were unavailable.
Secondly, the result of the fourth chapter
were somehow affected by the problem of the use of secondary data in
Nigeria. Most of the estimates are not reliable.
Thirdly, there is
the limitation of the small sample size which has its attended
drawbacks. This research work is limited by a number of constraints;
greatest is the absence of vital data that would have boosted its result
expectation. There is also lack of strong evidence in the theoretical
framework of this topic that would have provided a reliable foundation
for us to stem from and particularly Nigeria case. Time constraint is
equally one of them.
Due to the above constraints the data to be used are mainly secondary data.
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ABSRACT - [ Total Page(s): 1 ]The work was on the impact of Government Expenditure on Nigeria Growth (1981 – 2010) dealing with secondary data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics Regression Analysis with (OLS) technique was used. Our findings indicate that there is a positive correlation between Inflation, Money Supply, Government Consumption Expenditure. While Money Supply and LGDP-I has a positive impact on the dependent variable (GDP). But the GE (Government Expenditure) and ... Continue reading---
