This study is an empirical examination of the effect goods and services tax on capital expenditure in Nigeria for period 2005 - 2020. The specific objectives are to ascertain value added (VAT) (CAPEX) secondly determine Customs Excise Duties Nigeria. theoretically linked Benefit Received Theory. was ex-post-facto research which made use secondary data obtained from Central Bank Statistical Bull...

This study aims to analyze the relationship between defense expenditure and growth of economy in Sri Lanka applying annual data during period 1990-2019 by engaging ARDL bounds test Granger causality test. Economic is considered as a dependent variable whereas; expenditure, broad money supply, capital investment exchange rate are independent variables for this study. The findings revealed that s...

This thesis analyzes the impact of capital budget on capital spending in the U.S. states. The analysis is based on the James Poterba's 1995 study of the impact of a capital budget on capital spending using 1962 U.S. state-level data. I first replicate Poterba's model using the 19921996 data set that I had constructed for this study. I then extend Poterba's model to include a set of variables th...

In this paper we apply a thorough cointegration analysis to annual time-series data for the U.K. in the period, 1948-1997, to examine whether government revenue and expenditure have been congruent. The data do provide considerable evidence of a cointegrated long-run relation between government revenue and expenditure in the U.K. during this period implying that the two have been congruent in th...