Impact Of Government Expenditure On Economic Growth In Nigeria (1985-2014)

ABSTRACT This study examined the impact of government expenditure on economic growth in Nigeria for the period 1985-2014.The study employed Vector Error Correction Model (VECM) to examine the effect that government expenditure has on economic growth in Nigeria and also co-integration test was used to test for long-run relationship between government expenditure and economic growth in Nigeria. The result of the test for this study revealed that government capital and recurrent expenditure contributed significantly on economic growth in Nigeria and according to the co-integration test; it reveal…