Dysfunctional Association Between Public Expenditure Growth and National Consumption Cost: A Vector Error Correction Approach

نویسندگان

چکیده

The management of public expenditure is crucial due to its effect on people’s standard living. In line with this, this study investigated growth and national consumption costs using a vector error correction approach. objective determine the capital recurrent consumer price index. dependent variable in measured by index, while independent expenditures. An ex post facto research design was adopted, data for spanning from 1981 2019 sourced World Bank. Descriptive statistics, unit root tests, cointegration tests estimates were all conducted aid EViews 9. Based results, we concluded that there positive but insignificant relationship between index expenditures government Nigeria. We recommend Nigeria’s should increase projects will improve economy living standards people. Additionally, an urgent need proper monitoring allocations contained budget ensure efficient effective utilization funds, as help people economy.

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ژورنال

عنوان ژورنال: Asian Economic and Financial Review

سال: 2021

ISSN: ['2222-6737', '2305-2147']

DOI: https://doi.org/10.18488/journal.aefr.2021.1110.794.804