THE IMPACT OF INTERNALLY GENERATED REVENUE (IGR) ON OUTPUT IN KWARA STATE (1988-2017)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This study examine the impact of internally generated revenue IGR) on economic output in Kwara State from 1988 to 2017. The data were however analysed using Autoregressive Distributive Lag model (ARDL) and Vector Autoregressive (VAR). The ARDL test for cointegration at the levels of variables carried out by employing the Bound test within the framework of the estimated ARDL model. The first model is Autoregressive Distributed Lag (ARDL) model developed by Pesaran et al (2001), the second model is the Vector Auto regression (VAR) model which is employed to test for impulse response function and serves as a complement to estimated ARDL model. This was done by specifying and estimating of a regression model. Based on the first model, all the varibales were not statistically significant in determining the output level in the state which is contrary to previous studies such as Ogundayo, Onakoya and Afintini(2017);Augus and David(2011) amongst others established a conflicting results. similarly, results of the second model indicates that inflation rate, interest rate as well as gap(deficit) have negative impact on output which conform with the studies of Hakan, Ali and Hassan (2008; Faraji and Kenani(2013) Jelilov (2016) interest rate on output was contrary amongst others.Given the above findings, the study therefore recommended the followings amongst other:The state government should imbibe the culture of fiscal discipline as well as huge capital expenditure so as to ensure growth in output level in the state. Also, the government should ensure that more funds are being expended on developmental project rather than stomach infrastructure couple with adequate and properly monitoring in order to achieve inclusive growth of output similarly, The rate of interest should be market determined in order to encourage investment inflow into the state. Finally, Price control mechanism should be put in place with the aim of checkmating the undesirable effect of inflation rate on the economic output of the Kwara State, Nigeria.
Related Project Materials
An Assessment of Healthcare Infrastructure and Its Effect on Immunization Rates in Niger State
Background of the Study
Healthcare infrastructure is a fundamental determinant of im...
An Appraisal of Data Analytics in Customer Segmentation and Marketing Strategies: A Case Study of Banks in Sokoto State
Background of the Study
Data analytics refers to the use of advanced analytical techniques and technologies to process and analyze large...
ASSESSMENT OF CIVIL SOCIETY ORGANIZATION - LEGISLATURE PARTNERSHIP: A CASE STUDY OF THE FIRST AND SECOND SESSIONS OF THE 9TH NATIONAL ASSEMBLY
Background to the Study
Civil Society Organizations (CSOs) are enormously important players in international development...
THE IMPACT OF DIGITAL TRANSFORMATION ON BUSINESS AGILITY
THE IMPACT OF DIGITAL TRANSFORMATION ON BUSINESS AGILITY
The study aims to: (1) investigate the impact of digital transformation on busin...
An examination of the accessibility of online learning for economically disadvantaged students in Gusau Central LGA, Zamfara State
Background of the Study
Online learning has emerged as a transformative approach to education, offering flexibility and access to diverse...
The effect of geopolitical pressures on the operations of traditional rulers in Potiskum Local Government Area, Yobe State
Background of the Study
In Potiskum Local Government Area (LGA), located in Yobe State, Nigeria, traditional rulers play an essential role i...
PROMOTING ENTREPRENEURSHIP THROUGH VOCATIONAL EDUCATION
Abstract: This research explores strategies for promoting entrepreneurship through vocation...
ASSESSMENT OF ELECTION MALPRACTICE AND DEMOCRATIZATION IN NIGERIA’S FOURTH REPUBLIC
ABSTRACT
The conduct of free and fair elections has become the yardstick for measuring the strength and credibility of a...
ASSESSMENT OF MANAGEMENET OF SMALL SCALE BUSISNESS IN NIGERIA
ABSTRACT
This project is a review of the assessment of management of small scale business in Nigeria.
ABSTRACT This study is carried out to examine an empirical investigation of Covid-19 effect on Products...
AN EMPIRICAL INVESTIGATION OF COVID-19 ON PRODUCT SALES AND MARKETING
