External Financing of Budget on Sustainable Economic Growth in Nigeria
نویسندگان
چکیده
The papers attempt to validate/invalidate economic growth sustainability vis-à-vis external financing of budget in Nigeria. channels - multilateral, Paris Club, London promissory notes, bilateral, Euro bond, diaspora debts, and others were tracked relation sustainability. data is accessed from Emission Database for Global Atmospheric Research [EDGAR], the World Bank Development Indicator (WDI), Central Nigeria (CBN) statistical bulletin, forty years (1981 2020). study analysis follows plotting visual trend series ascertain its movement over time. Likewise, descriptive inference – skewness (sk), Kurtosis (k) & Jacque-Bera (JB) statistics inferred normality. Also, Augmented Dickey-Fuller (ADF) unit root test, cointegration, vector autoregression (VAR), impulse response function (IRF) technique formed basis estimation tools. Finding validates that there no significant long-run relationship between sustainable As a result, reduction, or stop further contracting purposes, ensuring funding-project-tied, strongly recommended.
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ژورنال
عنوان ژورنال: International Journal of Financial Research
سال: 2023
ISSN: ['1923-4023', '1923-4031']
DOI: https://doi.org/10.5430/ijfr.v14n3p43