Fiscal Decentralisation, Public Expenditure Management and Human Capital Development in Nigeria

Social capital and public expenditure in Australia.

The structure of developed economies has changed radically in recent decades. As late as the 1960s, it was reasonable to describe the economy in terms of three stages of production: primary production—of agricultural and mineral raw materials; secondary production—a manufacturing industry that transformed raw materials into items of final consumption; tertiary production—a sector that provided ...

Brain Drain, Fiscal Competition, and Public Education Expenditure

Brain Drain, Fiscal Competition, and Public Education Expenditure This paper uses a two-country model with integrated markets for high-skilled labor to analyze the opportunities and incentives for national governments to provide higher education. Countries can differ in productivity, and education is financed through a wage tax, so that brain drain affects the tax base and has agglomeration eff...

0 Fiscal Decentralisation in the Czech Republic

Public Expenditure and Economic Growth in Nigeria (A Granger Causality Approach) 1983-2012

This paper examines the impact of government expenditure on the Nigerian economy for the period 1983 - 2012. The government expenditure components used as the explanatory variables in the model are: expenditures on Health, Education, Defense, Agriculture and Transportation and Communication. The Gross Domestic Product (GDP) was used as a parameter for measuring economic growth. In order to esta...

Human Capital Development and Economic Growth: Empirical Evidence from Nigeria

The study examined the contribution of different measures of human capital development to economic growth in Nigeria. It used data from Nigeria and adopted the growth account model which specifies the growth of GDP as a function of labour and capital. The model also included a measure of policy reforms. Based on the estimated regression and a descriptive statistical analysis of trends of govern...