Government Expenditure, Inflation and Economic Growth in Nigeria

Authors

  • Oluwatoyosi Tolulope Olurin
  • Ruth Tolulope Omosebi
  • Timothy Adisa Soetan
  • Abolade Francis Akintola

Keywords:

Education, Health, Transfer, Inflation, Economic growth

Abstract

This study investigate the impact of government expenditure on inflation and economic growth in Nigeria from 1989 to 2021. Annual time series data obtained from Central Bank of Nigeria statistical bulletin were used for the study. Data gathered were analyzed with Ordinary Least Square (OLS) technique. Empirical result obtained from the study revealed that government expenditure and inflation have positive and significant impact on economic growth in Nigeria. The study recommends that government should increase expenditure on health and transfer and adopt one digit inflation rate to enhance economic growth in Nigeria.

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Published

2024-06-30

How to Cite

Olurin, O. T., Omosebi, R. T., Soetan, T. A., & Akintola, A. F. (2024). Government Expenditure, Inflation and Economic Growth in Nigeria. Lapai Journal of Economics, 8(1), 35–49. Retrieved from https://ojs.ibbujournals.com.ng/index.php/lje/article/view/1261

Issue

Vol. 8 No. 1: 2024

Section

Articles

License

The journal is primarily used for research and statutory supplement for researchers. No individual, organization or institution that has the exclusive right to reprint, reproduce and distribute without the consent of the journal editorial board

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