Título: Fiscal Policy Variables-Growth Effect: Hypothesis Testing
Autores: Oseni, Isiaq Olasunkanmi; Bells University of Technology, Ota Ogun State Nigeria
Babatunde, Onakoya Adegbemi; Department of Economics, College of Social and Management Sciences, Tai Solarin University of Education, Ijagun, Ijebu-Ode, Ogun State
Fecha: 2012-09-01
Publicador: American Journal of Business and Management
Fuente:
Tipo: Peer-reviewed Article
Tema: Economics
fiscal policy variables, endogenous growth theory, cointegration, error correction mechanism, ordinary least square method, CUSUM test
Fiscal Policy
Descripción: This study investigated the fiscal policy variables that contributed to growth in Nigeria for the period of 1981 to 2010 in view of hypothesizing the fiscal policy variables-growth effect. Secondary annual time-series data were used. Data on Productive expenditure, Unproductive expenditure, distortionary taxes, non-distortionary taxes, fiscal deficit and real growth rate of GDP were analyzed using cointegration and ordinary least square techniques. Cointegration results show a long run relationship among the variables. Results of fiscal-growth effect model invalidate the claim that only productive expenditure, distortionary taxes and fiscal deficit contribute to growth in case of Nigeria. These results draw attention towards the significance of non-distortionary taxes as addition to three fiscal policy variables that contribute to growth and government should reduce expenditure on recreational-cultural-religious affairs and other functions like political administrative expenses in order to achieve stabilization policies in Nigeria.
Idioma: Inglés

Artículos similares:

Role of Discretionary Current Accruals on Earning Management- A Case Study: Publicly Traded Companies at Tehran Stock Exchange por Kordlouie, Hamidreza; International Qeshm Branch, Islamic Azad University, Iran,Jadidol Eslami, Davood; Accounting Department, Shahid Shamsipour Faculty, Iran,Mahmoudzadeh, Elmira; Accounting Department, South Tehran Branch, Islamic Azad University, Iran
A Diagnostic Method for Procedural Justice por Flint, Douglas H.; Faculty of Business Administration, University of New Brunswick, Canada,Haley, Lynn M.; Faculty of Business Administration University of New Brunswick, Canada,McNally, Jeffrey J.; Facultyof Business Administration niversity of New Brunswick, Canada
Risky Business in Conflict Zones: Opportunities and Threats in Post Conflict Economies por Hacioglu, Umit; Beykent University, Istanbul, Turkey,Celik, Ismail Erkan; Beykent University, Istanbul, Turkey,Dincer, Hasan; Beykent University, Istanbul, Turkey
The Impact of Strategic Planning on Online Banking: An Empirical Study in Saudi Arabia por Abdalkrim, Gaafar Mohamed; Department of Business Administration, College of Science and Humanity Studies-Alsulial, Salman Bin Abdulaziz University, Saudi Arabiaa,Khrais, Laith Talal; Department of Business Administration, Salman Bin Abdulaziz University, Saudi Arabia
Management Information System as a Catalyst to Organisational Performance in the 21st Century: A Study of Selected Banks in Nigeria por A, Obasan Kehinde; Department of Business Administration, Olabisi Onabanjo University, Ago – Iwoye, Ogun State, Nigeria,A, Soyebo Yusuf; Department of Accounting and Finance, Lagos State University, Ojo, Nigeria
The Implementation Process of Nationalization of Workforce in Saudi Arabian Private Sector: A Review of “Nitaqat Scheme” por Sadi, Muhammad Asad; College of Industrial Management, King Fahd University of Petroleum and Minerals, Saudi Arabia
Theorising the Failure of Technological Innovation Diffusion in the Nigerian Automobile Industry: The Case of Ford Motors Nigeria por Oigiagbe, Oseme; Leeds Metropolitan University, Leeds, UK,George, Olusoji; Department of Business Administration, University of Lagos, Nigeria,Owoyemi, Oluwakemi; Department of Industrial Relations and Personnel Management, University of Lagos, Nigeria
An Analysis of Global Training and Experience Sharing in Multinational Companies por Moumita, Nishat; American International University, Dhaka, Bangladesh,Zaman, Laila; East West University, Dhaka, Bangladesh
Challenges of Electronic Payment Systems in Ghana: The Case of e-ZWICH por Haruna, Issahaku; Department of Economics and Entrepreneurship Development, Faculty of Integrated Development Studies, University for Development Studies
10 
Globalization and the Economy: What Students Think por Borstorff, Patricia C; College of Commerce and Business Administration, Jacksonville State University, AL, USA,Hearn, Mark W; College of Commerce and Business Administration, Jacksonville State University, AL, USA,Turley, Falynn; College of Commerce and Business Administration, Jacksonville State University, AL, USA