Journal article | Zeitschriftenartikel
Re-examining the Wagner's law versus Keynesian hypothesis: evidence from Nigeria
This study investigates the Keynesian and Wagnerian views on public expenditure and economic growth in Nigeria using annual secondary data spanning from 1980 to 2011 obtained from the Central bank of Nigeria (CBN) statistical bulletins. The Augmented Dickey-Fuller (ADF), Johansen Cointegration and Granger Causality econometric methodologies were used in this study. The Johansen Cointegration test revealed the presence of a long-run cointegrated relationship between government expenditure (capital expenditure and recurrent expenditure) and economic growth (GDP) in Nigeria. The Granger Causality test found no mutual correlation between government expenditure (capital expenditure and recurrent expenditure) and economic growth (GDP) using the benchmark of 5% level of statistical significance. The findings of this study therefore indicate the non-existence of both Wagner's Law and Keynesian Hypothesis on public expenditure and economic growth in Nigeria during the period under review.
- ISSN
-
2300-2697
- Umfang
-
Seite(n): 142-146
- Sprache
-
Englisch
- Anmerkungen
-
Status: Veröffentlichungsversion; begutachtet (peer reviewed)
- Erschienen in
-
International Letters of Social and Humanistic Sciences(57)
- Thema
-
Wirtschaft
Wirtschaftspolitik
Volkswirtschaftstheorie
öffentliche Ausgaben
Hypothese
Nigeria
Gesetz
Staat
Wirtschaftswachstum
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Owolabi-Merus, O.
- Ereignis
-
Veröffentlichung
- (wo)
-
Schweiz
- (wann)
-
2015
- DOI
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:27 MESZ
Datenpartner
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Zeitschriftenartikel
Beteiligte
- Owolabi-Merus, O.
Entstanden
- 2015
Ähnliche Objekte (12)
Re-examining the Wagner's law versus Keynesian hypothesis: evidence from Nigeria
Re-examining inequality persistence
Re-examining inequality persistence
Re-examining progressive halakhah
Re-examining inequality persistence
Re-examining the Middle-Income Trap Hypothesis: What to Reject and What to Revive?
Re-Examining the Earnings Assimilation of Immigrants
Re-examining money market and economic growth nexus in Nigeria: A SVAR model approach
Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
Stock prices and monetary policy : Re-examining the issue in a New Keynesian model with endogenous investment
Did Kettlewell commit fraud? Re-examining the evidence
Re-examining the Wagner's law versus Keynesian hypothesis: evidence from Nigeria
Re-examining inequality persistence
Re-examining inequality persistence
Re-examining progressive halakhah
Re-examining inequality persistence
Re-examining the Middle-Income Trap Hypothesis: What to Reject and What to Revive?
Re-Examining the Earnings Assimilation of Immigrants
Re-examining money market and economic growth nexus in Nigeria: A SVAR model approach
Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
Stock prices and monetary policy : Re-examining the issue in a New Keynesian model with endogenous investment
Did Kettlewell commit fraud? Re-examining the evidence
Re-examining the Wagner's law versus Keynesian hypothesis: evidence from Nigeria
Re-examining inequality persistence
Re-examining inequality persistence
Re-examining progressive halakhah
Re-examining inequality persistence
Re-examining the Middle-Income Trap Hypothesis: What to Reject and What to Revive?
Re-Examining the Earnings Assimilation of Immigrants
Re-examining money market and economic growth nexus in Nigeria: A SVAR model approach
Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
Stock prices and monetary policy: Re-examining the issue in a New Keynesian model with endogenous investment
Stock prices and monetary policy : Re-examining the issue in a New Keynesian model with endogenous investment