THE IMPACT OF GOVERNMENT EXPENDITURE ON STANDARD OF LIVING OF THE PEOPLE OF NIGERIA (1982 – 2012)
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- NGN 3000
Abstract
This research study on the impact of government expenditure on standard of living in Nigeria (1982-2012). The objective of this research are to examine the impact of government expenditure on standard of living in the Nigeria economy and examining the growth of government expenditure and the factors that induces such growth. This research made use of secondary data, which were sourced from central bank of Nigeria statistical bulletin (2012). The data were collected for a period of 31 years (i.e. 1982-2012). The data collected were per capita income, recurrent government expenditure, capital government expenditure, unemployment, growth rate of per capita income, growth rate of gross domestic product. The ordinary least square regression technique was employed in the analysis of the data and the result of the analysis showed that Government expenditure has a positive impact on per capital income, Government expenditure has a positive impact on unemployment in the Nigeria economy and Government expenditure has a positive impact on the growth rate of per capital income
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