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ABSTRACT The study looked into how government sector spending affected economic growth in Nigeria using time-series data covering the 39-year period from 1981 to 2020. A thorough review of the relevant theoretical and empirical research was conducted, and the ordinary least square method of multiple regression analysis was used to estimate the model. GDPGR was represented by GDP growth, while the DFE, EE, HEE is proxied as defense, education, and health expenditures respectively. Results of the autoregressive distributed lag (ARDL) found that there is a long-term association between government spending and economic growth. Additionally, the findings indicate that government spending on health and education contributed significantly to Nigeria's economic growth over the study periods 1981-2020. Recommendations from the findings suggested that a law be kept in place to prevent the theft of public funds, and since public expenditures were significant, the government should increase its spending on sectors like human capital development, technology, power, roads, schooling, and health care, all of which have been shown to help the country's economy grow. by ADEJOBI, David Oluwatobi. Edition: Mr. Oluwatosin O. OluyomiMaterial type: Text; Format:
print
; Literary form:
Not fiction
Publisher: Ibafo Economics 2022Availability: No items available :
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Journal of Economic and Financial Issues Edition: Volume 6, Number 1Material type: Text; Format:
print
; Literary form:
Not fiction
Publisher: Jos, Nigeria Department of Economics, University of Jos June, 2022Availability: Items available for reference: Not for loan (1). :
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