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Egypt Economic 122008 Egypt Economic 122008 Big Data 2.0 - How the UK Government Can
Optimise Its Use of Big Data Big Data 2.0 - How the UK Government Can Optimise Its Use of Big
Data Foreign trade and economic growth in nigeria (1980 2010) Foreign trade and economic growth
in nigeria (1980 2010) Socio political instability and foreign direct investments in ghana an ardl.
Prior to Rostow. attacks to development had been based on the premise that “modernization” was
characterized by the Western universe ( wealthier. Higher income tax discourages individual from
working for long hours or even searching for jobs. These included the rapid expansion of
infrastructural facilities and. In contrast, expenditure on agriculture was found to have a significant
though negative impact on economic growth. Impact of the Adoption of Improved Varieties of
Household Income of Farmers i. In Saudi Arabia, Abdulah (2000) analyzed the relationship between
government expenditure and economic growth. Keywords: Government expenditure; Economic
growth; Unit root test; Co-integration; ARDL model. Although the theoretical positions on the
subject are quite diverse, the conventional wisdom is that a large government spending is a source of
economic instability or stagnation. However, the results showed also that real government recurrent
expenditure affects growth only by little. Indistinguishable from Magic: How the Cybersecurity
Market Reached a Trillion. Furthermore, the government should stimulate investment and output
using monetary and fiscal policies to increase internally generated revenue and reduce government
borrowing. The study also indicates that government expenditure does not play any supporting role
for private investment in Ghana and lastly it was that the Wagnerian hypothe. It has benefited
farmers in both the commercial and communal. Empirical findings support the existence of a level
relationship between public spending indicators and economic growth in Nigeria. Government
agricultural expenditure on extension variable was also stationary at 90% level of confidence. This.
This implies that government spending in agriculture, education, defense, and internal security
services as well as structural adjustment programme are significant factors influencing the level of
economic growth in Nigeria. However, causality runs from economic growth to government
expenditure in 10 out of the countries, confirming the Wagner’s law. The determination of the project
feasibility under all methods is shown in the sub-sections below. The results produce evidence of
statistically stable long run relationship and short run adjustment among the variables in the
estimated model. The study concludes that the Nigerian economy is on the wrong path to sustainable
growth and development. Performance Implication of Agricultural Transformation Agenda Support
Program. Elo’s result 2023: Return on investment increased to 6 per cent and cost effi. In Zimbabwe,
agriculture has been the mainstay of the national economy accounting for about 15 to 20 percent of.
The choice of the exchange policies in the primary commodity exporting countr. Musgrave believes
that Wagner was thinking of proportion of public sector in the economy. Government Expenditure
and Economic Growth in Nigeria, 1981-2013: A Bound Tes. Results from the empirical analyses
provide strong evidence indicating that agriculture is an engine of economic. CAPEXT Granger
Cause RECEXP while RECEXP does not Granger Cause CAPEXP. Alexander Decker Determinants
of Income Inequality Among Cooperative Farmers in Anambra State Determinants of Income
Inequality Among Cooperative Farmers in Anambra State ijtsrd R01813115127 R01813115127 IOSR
Journals Agricultural Output and Economic Growth in Nigeria Agricultural Output and Economic
Growth in Nigeria Premier Publishers Performance Implication of Agricultural Transformation
Agenda Support Program.
Just talk to our smart assistant Amy and she'll connect you with the best. Journal of Economics and
Sustainable Development, 4(2): 71-78. CAPEXT Granger Cause RECEXP while RECEXP does not
Granger Cause CAPEXP. If spending is focused on improving infrastructure, this could lead to
increased productivity and a growth in the long-run aggregate supply. Incisively, recurrent
expenditures of government were found to be significantly impacting on economic growth in a
negative way while the positive impacts of public capital expenditures were not significant to
economic growth over the period of the study. Is it true that has the nation is expanding its public
expenditure on provision of infrastructural facilities, the economy has been growth-enhancing. Tone
at the top: the effects of gender board diversity on gender wage inequal. C Is it true that has the
nation is expanding its public expenditure on provision of infrastructural facilities as well as
administration financing, the economy has been growth-enhancing? D. If spending is focused on
welfare benefits or pensions, it may reduce inequality, but it could crowd out more productive private
sector investment. Total capital and recurrent expenditures would be used as proxy variables to
measure the impact of government expenditure while Gross Domestic Product (GDP) will be used
as the proxy variable to measure economic growth. 1. 8 DEFINITION OF TERMS Government
expenditure: Government Expenditure refers to the expenses incurred by the State for the
maintenance of the economy as a whole. Oni, L. B., Aninkan, O. O.and Akinsanya, T. A. (2014).
Joint effects of capital and recurrent expenditures in. A positive relationship between real GDP and
government agricultural expenditure on research and development. Status and potential of improving
crop sub Status and potential of improving crop sub Effects of foreign direct investment inflows into
agriculture on food securit. Is there any causal relationship between government expenditure either
capital or recurrent expenditure and economic growth in Nigeria? 2. The long run estimates revealed
that recurrent and capital expenditure have a positive effect on GDP and are significant. Lin
Economics 2010 219 Highly Influential 4 Excerpts Save Public Spending and Economic Growth:
Empirical Investigation of Sub-Saharan Africa Mesghena Yasin Economics 2003 Existing studies on
the relationship between government spending and economic growth provide inconclusive empirical
evidence. But, the growth is not due to the rising government spending. The error correction
mechanism has a negative sign and is significant. However, changes in government consumption
expenditure as a share of GDP has a positive and significant impact on real economic growth rate in
the short-run but an insignificant influence in the long-run. Figure 3: Trend of real agriculture
expenditure on credit assistance by government in Zimbabwe. Therefore it will not be alarming if the
economy is experiencing surplus or equilibrium on the records of balance of payment. Keywords:
Government expenditure; Economic growth; Unit root test; Co-integration; ARDL model. Lumbini is
found as most visited pilgrimage by foreigners. A synthesis of taylor’s and fayol’s management
approaches for managing market. I am grateful to God for providing me with sustenance during my
endeavors. Furthermore, the government should stimulate investment and output using monetary and
fiscal policies to increase internally generated revenue and reduce government borrowing. Outlays on
health and defence were all found to be insignificant determinants of economic growth. The findings
showed that expenditure on education was a highly significant determinant of economic growth
while expenditure on economic affairs, transport and communication were also significant albeit
weakly. The two quarters taken together reflect slowereconomic growth in the second half of 1984
than in the first half (table1). Agriculture in Zimbabwe (1980-2000): After independence, more
priority was given to agriculture as a means.
In this study, the structure and size of government expenditure determine the pattern of growth in
the economy. Fan, Hazel and Thorat (2000), showed that investment has a positive relationship to
economic growth. Impact of exports on economic growth of ecowas countries a comparative analys.
Usman, A., Mobolaji, H. I., Kilishi, A. A., Yaru, M. A.and Yakubu, T. A. (2011). Public expenditure
and economic. Adrian Sanabria Tone at the top: the effects of gender board diversity on gender wage
inequal. Impact of the Adoption of Improved Varieties of Household Income of Farmers i. Public
spending is a reflection of the policy choices of the government. Download Free PDF View PDF See
Full PDF Download PDF Loading Preview Sorry, preview is currently unavailable. September is
historically a tough month for stocks, but September 2018 was surprisingly not too terrible compared
to the past. Ayodele Economics 2016 The purpose of this paper was to assess the impact of
government capital expenditures on economic growth in Nigeria during 1970 and 2012. Jarque-Bera
Normality Test F-stat 0.484258(0.784955). However investment expenditure required second
differencing to become. The study adopted the Error Correction model and Granger Causality Test.
One of the cardinal minds in 20th century Development Studies was W. W. Rostow. an American
economic expert and authorities functionary. This paper gives a further evidence on the relationship
between government expenditure and economic growth in the case of Malaysia. In peculiar, this
paper provides new grounds that shed visible radiation on the linkages between economic freedoms
via the debt-growth theoretical account in a panel of 65 developing states. Impact of government
school to-land agricultural project on rural development. Lin Economics 2010 219 Highly Influential
4 Excerpts Save Public Spending and Economic Growth: Empirical Investigation of Sub-Saharan
Africa Mesghena Yasin Economics 2003 Existing studies on the relationship between government
spending and economic growth provide inconclusive empirical evidence. However literature shows
that the relationship is mixed. Empirically, Bose et al. (2003) examined the growth effect of public
expenditure by sectors using panel data for. Using the ordinary least square method for estimating
multiple. For this to be executed properly, it is essential to put in place the right personnel. But, the
growth is not due to the rising government spending. Better still, if there are infrastructures to
improve commerce with the system or social amenities to raise the welfare of average citizen of the
economy. The study found the component of total expenditure impacting negatively (except
education and health) and insignificantly on growth rate; further diagnosis test reveals capital
expenditure may likely induce significant impact on growth rate in the long-run. A few studies report
positive and significant relation between government spending and economic growth while several
others find significantly negative or no relation between an increase in government spending and
growth in real output. 1. 2 Statement of problem. We argue that this may not be unconnected with
the high level of corruption prevalent in the public sector where funds that are meant for provision or
maintenance of social-economic activities like agriculture, roads, transportations, schools and
hospitals are diverted for personal use. The secondary data gathered and recurrent and capital
expenditure. Real Gross Domestic Product, a proxy for economic growth was adopted as the
dependent variable while Total Recurrent Expenditure and Total Capital Expenditure constituted the
independent variables. According to Wagner, there are inherent tendencies for the activities of
different layers of a government (such as central, state and local government) to increase both and
extensively.
The Keynesian aggregate expenditure is adopted as a framework to explain the role of government
spending on output. Analysis of the effects of capital flight on economic growth evidence from ni.
Jarque-Bera Normality Test F-stat 0.484258(0.784955). In addition, government should encourage
and support the private sector to accelerate economic growth. Nepal is famous destination for
pilgrimage due to its prominent, glorious and prideful historical places. Mittnik and Neumann (2001)
also established that public investment has positive influence on GDP. The Calculation of Optimal
Osmotic Dehydration Process Parameters for Mushroo. A war is not paid for from taxation; no
nation has such large taxable capacity. The findings show that there that there is a positive
relationship between real GAP as against the recurrent and capital expenditure. Evidence from the
Tunisian Stock Exchange Are Size and January Effects Related. Assessment of budgetary allocation
to agricultural sector and its effect on a. The first one is connected with Wagner and the other with
Washman and Peacock. All the capital expenditure appraisal techniques adopted. Is there any causal
relationship between government expenditure either capital or recurrent expenditure and economic
growth in Nigeria? 2. Figure2: Trend of real agriculture expenditure on extension by government in
Zimbabwe (1980. Eyo OE (2008). Macroeconomic Environment and Agricultural Sector Growth in
Nigeria. You can download the paper by clicking the button above. To browse Academia.edu and the
wider internet faster and more securely, please take a few seconds to upgrade your browser.
Oluwatobi and Ogunrinola (2011), examined the impact of government recurrent and capital
expenditures on. Table 2 thus shows that the F-stat lies above the upper bound tabulated by Pesaran
et al. (2001) and therefore. Secondly, the outcome of the study will aid government in channeling its
limited financial resources towards sectors in the economy that are growth enhancing. An Analysis of
the Relationship between Fiscal Deficits and Selected Macroeco. The overall impact of government
expenditure on non agriculture on GDP is. Alexander Decker Demand for money in hungary an ardl
approach by nikolaos dritsakis Demand for money in hungary an ardl approach by nikolaos dritsakis
Balaji Bathmanaban Revisiting the link between government spending and economic growth in the
pr. Brown, R. L., Durbin, J.and Evans, J. M. (1975). Techniques for testing the constancy of
regression relations over. Therefore, bigger gov’t sector could lead to less efficient economy as gov’t
spending takes place of private-sector spending. Impact of government school to-land agricultural
project on rural development. Tone at the top: the effects of gender board diversity on gender wage
inequal. Prior to Rostow. attacks to development had been based on the premise that
“modernization” was characterized by the Western universe ( wealthier. From the results, RECEXP
Granger Cause RGDP while RGDP Granger Cause RECEXP.
CAPEXP Granger Cause RGDP while RGDP Granger Cause CAPEXP. They founded their analyses
upon a political theory of public determination namely that governments like to spend more money
and citizens do not like to pay taxes, and that government need to pay some attention to the wishes
of their citizens. Based on this, the study attempts to investigate the impact of both government
recurrent and capital expenditure on growth performance using an econometric analysis based on
Johansen technique for the period of 1970-2009. Public investment was found to stimulate output
thereby increasing government revenues (which, in turn, enhance government spending). The results
revealed that government expenditures and economic growth are not co-integrated. A rise in the
government expenditure has the same effects as a reduction in the tax rates on aggregate demand.
The final step is the estimation of the short-run dynamic coefficients via the error correction model.
From the results, RECEXP Granger Cause RGDP while RGDP Granger Cause RECEXP. This study
examined the effect of various components of Government Expenditures on Economic Growth in
Nigeria for periods between 1981 and 2020. He maintained that there was a functional relationship
between the growth of an economy and government activities with the result that the governmental
sector grows faster than the economy. In this study, the structure and size of government expenditure
determine the pattern of growth in the economy. Real Gross Domestic Product, a proxy for
economic growth was adopted as the dependent variable while Total Recurrent Expenditure and
Total Capital Expenditure constituted the independent variables. Another important factor of
budgeting is the ability to. Download Free PDF View PDF See Full PDF Download PDF Loading
Preview Sorry, preview is currently unavailable. The capital expenditure decision of purchasing a
more efficient machine by CU Boxes Incorporation shall be evaluated with the aid of the three main
methods of capital expenditure. In India, Rajan and Sharma (2008) examined the effect of
government development expenditure on economic growth during the period 1950-2007. The data
spanned 115 countries to derive broad generalizations for the market economics investigated. In the
same vein, higher profit tax tends to increase production costs and reduces investment expenditure as
well as profitability of firms. Two hypotheses which flowed from the research questions were tested
with the application of Granger Causality Test, Johansen Rank Cointegration Test and Error
Correction Mechanism. The Johansen cointegration test was applied to verify the long run
relationship between the variables and the Granger causality test was employed to determine the
existence and direction of causation between government expenditure and economic growth. Is
Financial Development A Factor to the Leading Growth Profile of the South. Empirical findings
support the existence of a level relationship between public spending indicators and economic
growth in Nigeria. Attari Attiya Y. Javed Economics 2013 82 Highly Influential PDF 3 Excerpts
Save The Impact of Government Expenditure on Economic Growth: A Study of Asian Countries K.
P. K. S. Lahirushan W. Gunasekara Economics 2015 Main purpose of this study is to identify the
impact of government expenditure on economic growth in Asian Countries. Government
expenditures are primarily funds released by the three layers of the government namely, the Federal,
State and Local governments. Improving Smallholder Farmers Access to Finance Through
Warehouse Receipt Sys. This suggests that investment is essential in trying to increase GDP. The
relationship was significant at 5 percent level. Their analysis suggested that the evaluated fiscal
scenario poses significant risks to growth sustainability and historical experience Indicates that the
initial growth performance largely depends on the efficiency of scale-up expenditure. Health
economy is the top priority for every country, not depending whether the country is developed or
developing one.