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Government expenditure and standard of living in an emerging market in Africa–Nigeria
Economic Journal of Emerging Markets Pub Date : 2020-10-01 , DOI: 10.20885/ejem.vol12.iss2.art4
Sarah Elechi Jeff-Anyeneh , Amalachukwu Chijindu Ananwude , Gideon Kasie Ezu , Andrew Izuchukwu Nnoje

The effect of government expenditure on the standard of living has different impact for various level of economies. In this study, we determined the effect of government recurrent and capital expenditure on the standard of living in Nigeria using a test of causation. The long and short run estimates were done by utilizing an Autoregressive Distributive Lag (ARDL) model using data that spanned from 1981 to 2018. Findings/Originality: Precipitously, we asserted that government recurrent and capital expenditure have a significant effect on the standard of living in Nigeria. Nevertheless, that is not the true reflection of the living standard in the country. There is an enormous need for the government to increase its expenditure on the health sector. Investment in healthcare is positively related to economic growth and has the potential of reducing poverty, hence a better standard of living. The Federal Government of Nigeria ought to, as a matter of direness, prioritize capital expenditure over recurrent expenditure.

中文翻译:

非洲-尼日利亚新兴市场的政府支出和生活水平

政府支出对生活水平的影响对不同层次的经济有着不同的影响。在这项研究中,我们使用因果关系检验确定了政府经常性支出和资本支出对尼日利亚生活水平的影响。长期和短期估计是通过使用自回归分布滞后 (ARDL) 模型使用 1981 年至 2018 年的数据完成的。 结果/原创性:我们断言政府经常性和资本支出对生活水平有显着影响在尼日利亚。然而,这并不是该国生活水平的真实反映。政府迫切需要增加对卫生部门的支出。医疗保健投资与经济增长呈正相关,具有减少贫困的潜力,从而提高生活水平。作为一个可怕的问题,尼日利亚联邦政府应该优先考虑资本支出而不是经常性支出。
更新日期:2020-10-01
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