FISCAL POLICY AND ECONOMIC GROWTH IN NIGERIA
Abstract
The study examines the impact of Fiscal Policy on Economic Growth in Nigeria over the period of 1991 to 2023 using Autoregressive Distributed Lag (ARDL) Bound Test approach. The dependent variable is real Gross Domestic Product while, the independent variables are government capital expenditure (GCEX), Government total domestic debt (GTDD) and Government transfer payment (GTP). The result of the bound test shows that there is long run relationship among the variables employed. Also, in the longs run, government capital expenditure, Government total domestic debt and Government transfer payment do not impact significantly on economic growth in Nigeria. The study therefore recommends among others that Government of Nigeria should prioritize and increase her expenditure on capital infrastructure in some critical sectors like electricity and road in the economy that are fundamental which can trickle down to economic growth and development in Nigeria.
This article is available as a PDF download
Published in UNIPORT JOURNAL OF BUSINESS, ACCOUNTING & FINANCE MANAGEMENT
ISSN: 1596-9911
This article appears in our peer-reviewed academic journal
View JournalRelated Articles
Explore similar research in our collection
FINANCIAL LINK ANALYTICS AND INVESTMENT FRAUD PREVENTION IN NIGERIA: EVIDENCE FROM PROFESSIONAL FORENSIC EXPERTS
ALEXANDER TUNDE OGUNTUASE, FOLUKE RACHAEL ODUWOLE
Jul 21, 2026
This study examined the influence of Financial Link Analytics (FLA) on investment fraud prevention i...
View ArticleELECTRONIC TAX SYSTEM AND TAX COMPLIANCE, EVIDENCE FROM NIGERIA TAX JURISDICTION.
THOMAS AYOBAMI BABARINDE, OLADELE JOHN AKINYOMI, JOSHUA ODUTOLA OMOKEHINDE, TAOFIK AKINWUMI TALEAT
Jul 17, 2026
The study explores the impact of e-tax on tax submission conduct among taxpayers in Nigeria. To rea...
View ArticleTHE IMPACT OF GLOBAL TRENDS IN DIGITAL PAYMENT SYSTEMS ON FINANCIAL PERFORMANCE AND OPERATIONAL EFFICIENCY OF LISTED DEPOSIT MONEY BANKS: EVIDENCE FROM MOBILE BANKING AND OTHER DIGITAL CHANNELS
EBE, EMMANUEL CHUKWUMA, NWANKWO, PETER EMEKA, OKEREKE, CHIMAOBI DARLINGTON
May 27, 2026
This study examines the effect of global trends in digital payment systems on the financial perfor...
View Article