Investigation Of The Impact Of Government Education Spending On Economic Growth

50 pages Chapters 5 ID: ECO0099

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DepartmentEconomics
TypeProject
Pages50
Chapters5
FormatMS Word & PDF
Reference No.ECO0099

Abstract

The aim of the study is to critically investigate the impact of government education expenditure on economic growth in Nigeria. The Real Gross Domestic Product (RGDP) was used as the dependent variable as a proxy for economic growth, the explanatory variables used in this study include; recurrent government expenditure on education (RGEE), Capital Government Expenditure On Education (CGEE), Gross Fixed Capital Formation (GFCF), Total Employment (TEMP) and total employment (proxy by employee compensation).the study employed annual time series data from 1981-2012, sourced from the CBN Statistica…

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