1887

oa South African Journal of Economic and Management Sciences - Public expenditure and economic growth in a petroleum-based economy: Nigeria 1960-1992

Volume 2, Issue 3
  • ISSN : 1015-8812

 

Abstract

The study analyses the contribution of government expenditure to the economic growth process in Nigeria over the period 1960-1992. The results indicate that public expenditures on transport, communication and agriculture crowd-in private investment, while public spending on manufacturing and construction crowd-out private investment. Also, expenditures on education and health have a positive influence on private sector investment. Government must continue to perceive the creation of an enabling environment, at the least, as its own contribution to the economic growth process.

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/ecoman/2/3/AJA10158812_207
1999-09-01
2016-12-11

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error