Determinants of non debt government expenditure in Nigeria: 1970-2003.

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dc.contributor.authorAbeng, Magnus O.
dc.date.accessioned2018-10-15T12:01:56Z
dc.date.available2018-10-15T12:01:56Z
dc.date.issued2005-06
dc.description.abstractThis paper is an empirical attempt to situate and examine the trend in the growth and structure of non-debt government expenditure in Nigeria. The objective is to elicit the determining factors driving non-debt expenditure growth profile, and by implication the growth of gross domestic product (GDP) in Nigeria. The study found a continuous downward movement, compared with allusions of increasing size of government expenditure as measured by the expenditure to GDP ratio. Econometric analysis indicated the existence of positive relationships and high sensitivity of total non debt expenditure to population growth, gross domestic product, total revenue and political activities, but an inverse relationship with inflation rate. The paper recommended the diversification of the revenue base of the economy, injection of capital investment, strengthening the tax mechanism as well as the deliberate formulation and implementation of policies that would engender expenditure on social and community services with a view to improving the living standards of the people and fostering growth and development in the process.en_US
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dc.description.provenanceMade available in DSpace on 2018-10-15T12:01:56Z (GMT). No. of bitstreams: 1 Determinants of nondebt government expenditure in nigeria 1970 - 2003.pdf: 1466200 bytes, checksum: 63a12dbb72d601c4b1d60d1714a56d6a (MD5) Previous issue date: 2005-06en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationAbeng, Magnus O. (2005). Determinants of non debt government expenditurein Nigeria: 1970-2003. Economic and Financial Review, 43(2), 37–71.en_US
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/324
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Department.en_US
dc.relation.ispartofseriesVol. 43;No. 2
dc.subjectGovernment expenditure,en_US
dc.subjectEconomic development,en_US
dc.subjectPublic expenditure,en_US
dc.subjectGross Domestic Product (GDP),en_US
dc.subjectNigeria.en_US
dc.titleDeterminants of non debt government expenditure in Nigeria: 1970-2003.en_US
dc.typeArticleen_US

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