study as well as the method of analysis makes the research work a dependable

reference material for students and researchers who may want to embark on a

similar study.

1.9 SCOPE OF THE STUDY

The study focuses on the impact of government expenditure on economic growth

in Nigeria from 2001 to 2021. Data used for this study was gotten from KBS

(Kaduna State bureau of statistics). The variable used in the study is on impact of

government expenditure on economic growth in Nigeria. In research studies of this

nature, there is normally the enthusiasm to touch as much area as possible which is

connected to this subject matter. However due to the exclusive nature of this work,

those topics of interest can only briefly examine.

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2018 2450.99 70.5

2019 3250.82 5.4

2020 3452.98 90.6

2021 352.71 91.7

Source: National Bureau of Statistics, Kaduna State Office

ANALYSIS I: CORRELATION ANALYSIS

Aim: To ascertain the relationship between expenditure and economic growth.

Hypothesis:

H0: There is no significant relationship between expenditure and economic growth

H1: There is significant relationship between expenditure and economic growth

Level of significance

α -0.05

Decision Criteria

Reject Ho if P-value ¿ Alpha value at (0.05) level of significance otherwise do not

reject

Test Statistic

9
The second table gives information about the regression parameter, the column

labeled B under unstandardized coefficient give the intercept and the slope of the

model. Therefore the model here can be written as y= 22.473 + 2.024(x), where y

is the economic growth (dependent) and x is the expenditure (independent). The

last column gives us the significant value of the hypothesis that the intercept and

the slope are significantly different from zero (the slope). More interest is on the

slope, the p-value of the slope 0.899 is greater than 0.05 we therefore conclude that

there is linear relationship between economic growth and expenditure.

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 CHAPTER FIVE

5.0 SUMMARY, CONCLUSION AND RECOMMENDATION

5.1 SUMMARY

Chapter one discussed about the background, aim and objective of the study as

well as the scope and coverage, chapter two consist of the literature review.

However, the chapter three consists of Methodology, chapter four data presentation

and data analysis and four consists of summary, conclusion and recommendation.

5.2 CONCLUSION

The correlation between expenditure and economic growth is 0.017, the p-value of

the correlation coefficient is (0.943), is greater than alpha value 0.05, we therefore

conclude that the correlation between expenditure and economic growth is not

significant at 50% level.

The column labelled R in the first table shows the linear relationship (regression

(0.030) between the dependent variable, the linearity of relationship is an

assumption considered before doing the linear regression. The column that is

labelled as R square is the square of the correlation coefficient it is telling us that

(0.001) of the dependent variable is explained by the independent variable.

11
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