Empirical Analysis Of The Impact Of Government Expenditure On Economic Growth
The study investigates the impact of government expenditure on economic growth of Nigeria from the period 1980-2011. The objective was set to address the problem of utilization of revenue targeted to improving the economic condition of Nigeria. The review of theoretical and empirical literature provided a basis for the selection and specification of model which was used to show if government capital and recurrent expenditure has positive or negative impact on economic growth. The data were got from CBN statistical bulletin. To proper solution to the problem, policies were recommended to tackle the setbacks to economic growth.
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Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of study
1.2 Statement of problem
1.3 Objective of the study
1.4 Statement of hypothesis
1.5 Significant of study
1.6 Scope and limitation of study
CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 Theoretical Literature
2.1.1 The Role of Public Expenditure
2.2 Empirical Literature
CHAPTER THREE
3.0 RESEARCH DESIGN AND METHODOLOGY
3.1 Model Specification
3.1.1 Regression Model
3.2 Method of Estimation
3.3 Method of Evaluation
3.4 Economic Apriori Expectation
3.5 Source of Data
CHAPTER FOUR
4.0 PRESENTATION AND ANALYSIS OF RESULT
4.1 Interpretation of Result
4.2 Evaluation of Result
4.2.1 Economic Apriori Criteria
4.2.2 Statistical Criteria {first order test}
4.2.2.1 Coefficient of Multiple Determinants {R2}
4.2.2.2 The student’s t-Test
4.2.3 F-Statistics
4.3 Economic Criteria
4.3.1 Test for Autocorrelation
4.4 Policy Implication
CHAPTER FIVE
5.0 SUMMARY, RECOMMENDATION, CONCLUSION
5.1 Summary
5.2 Recommendation
5.3 Conclusion
Bibliography
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