{"id":7881,"date":"2022-12-15T09:57:04","date_gmt":"2022-12-15T09:57:04","guid":{"rendered":"https:\/\/file.currentschoolnews.com\/?post_type=product&p=7881"},"modified":"2022-12-15T13:27:36","modified_gmt":"2022-12-15T13:27:36","slug":"public-spending-in-nigeria-testing-the-validity-of-wagners-law","status":"publish","type":"product","link":"https:\/\/pastexamquestions.com\/product\/public-spending-in-nigeria-testing-the-validity-of-wagners-law\/","title":{"rendered":"Public Spending In Nigeria; Testing The Validity of Wagner\u2019s Law"},"content":{"rendered":"
– Public Spending In Nigeria; Testing The Validity of Wagner\u2019s Law –<\/strong><\/span><\/p>\n Download Public Spending In Nigeria; Testing The Validity of Wagner\u2019s Law<\/strong><\/span>. Students who are writing their projects can get this material to aid their research work.<\/span><\/span><\/p>\n The present study endeavors to examine the validity of Wagner\u2019s law in Nigeria over the period of 1970_ 2015.<\/p>\n Specifically, the study investigated the link between government expenditure and economic growth in Nigeria using ordinary least square econometric technique and in addition tested the Wagner\u2019s law using\u00a0 Pairwise Granger causality test.<\/p>\n The empirical findings revealed that Capital expenditure had a positive significant effect on economic growth while Recurrent expenditure on the other hand had an insignificant positive effect on economic growth in Nigeria.<\/p>\n The result further showed that there is a bi \u2013 directional causality between government expenditure and\u00a0 economic growth implying that in Nigeria both Wagner\u2019s law of increasing state activities (increase in gross domestic product increases public expenditure) and Keynesian hypothesis holds true for Nigeria.<\/p>\n <\/span><\/a><\/p>\n 1.1 Background of the Study<\/strong><\/p>\n Countries all over the world make efforts to achieve their macroeconomic goals through their fiscal and monetary policies.<\/p>\n The impact of public expenditure in realizing these fiscal policy goals of pursuing economic growth, equity in income distribution and maintaining macroeconomic stability have emerged as one of the great issues in recent years.<\/p>\n Developed economies and developing nations have been faced with an increasing size of government activities and its effect (impact) on economic growth has become an emerging debate.<\/p>\n However, the over-riding growth in government spending (expenditure) appears \u00a0to be a universal phenomenon applying to most countries of the world regardless of their level of economic advancement.<\/p>\n Public expenditure is a fundamental instrument that influences the sustainability of public finance via effects on fiscal balances and government debts. Moreover, public expenditure can also pursue other goals, including employment, output and redistribution of income which can contribute to economic well being .<\/p>\n Although the financing of government\u00a0 expenditure can\u00a0 be\u00a0 growing in general , the provision of social and physical infrastructures through these government spending (financing of government expenditure) can enhance and improve productivity through\u00a0 a more efficient and effective allocation of resources (Abu &Abdullahi,2010).<\/p>\n <\/span><\/a><\/p>\n First, note that we are one of the best and most reliable online platforms because we don\u2019t retain any of your personal information or data as regards making payments online.<\/span><\/p>\n Make a bank deposit or mobile transfer of \u20a62,000\u00a0<\/strong>only to the account given below;<\/span><\/p>\n Bank Name:<\/b>\u00a0UBA Account Number:<\/b>\u00a01022564031 Account Name:<\/b>\u00a0TMLT PRO SERVICES<\/span><\/p>\n After making the payment,\u00a0CLICK HERE\u00a0<\/strong><\/a>to send the following on WhatsApp;<\/span><\/p>\n or Call Us On\u00a0+2348082284439<\/b> Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp within 5 Minutes.<\/span><\/p>\n We understand that due to the high rate of fraud, many people are afraid of making purchases online but be rest assured that PastExamQuestions will deliver your material after payment. <\/span><\/p>\n Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp.<\/span><\/p>\n Have we been able to satisfy you? How well do you think the material will be helpful after having gone through it? Does the price worth the material? <\/span><\/p>\n Let\u2019s hear from you! We recommend that our customers give feedback at the end of every transaction to enable us to serve better. <\/span>You can do this by clicking the review button on this page. <\/span><\/p>\n Where is the review button? >> Just scroll up to where you see reviews<\/em><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":" If you are interested in getting this project material \u201cPublic Spending In Nigeria; Testing The Validity of Wagner\u2019s Law<\/span><\/strong>\u201d<\/strong><\/em>, click on the DOWNLOAD BUTTON<\/strong><\/a> to make payment and the file will be delivered to your email immediately after confirmation.<\/p>\n","protected":false},"featured_media":46161,"comment_status":"open","ping_status":"closed","template":"","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"product_cat":[29],"product_tag":[109],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/product\/7881"}],"collection":[{"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/comments?post=7881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/media\/46161"}],"wp:attachment":[{"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/media?parent=7881"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/product_cat?post=7881"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/product_tag?post=7881"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/pastexamquestions.com\/wp-json\/wp\/v2\/yst_prominent_words?post=7881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Abstract<\/strong><\/h3>\n
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