scholarly journals Insecurity and Economic Growth in Nigeria: A Diagnostic Review

2018 ◽  
Vol 14 (4) ◽  
pp. 377
Author(s):  
Bright Enakhe Onime

This paper examines the effect of insecurity on economic growth in Nigeria. Apart from its direct effect on the populace, it also affects the economy. Using elements of descriptive qualitative analysis and data from secondary sources, the paper analyzed its effect on some economic parameters. The analysis showed that insecurity affects economic growth by drying-out investments, increases unemployment and dwindles government revenue, amongst others. Despite these effects, government capital expenditure on internal security did not grow astronomically to match the hydra-headed problem. This paper therefore recommended an increase in capital expenditure on internal security and concludes with a discussion of some policies to be designed and targeted at addressing the economic effects of insecurity.

2016 ◽  
Vol 5 (4) ◽  
pp. 56
Author(s):  
Oyediran, Leye Sherifdeen ◽  
Sanni, Ibrahim ◽  
Adedoyin, Lukman ◽  
Oyewole Olabode Michael

The need to better the lots of citizens through government expenditure has raised questions on the impact of government expenditure on the economic development and growth of nations. It is against this background that this paper examined the antecedent effect of government spending on the Nigerian economic growth. The general objective of the study is to ascertain the relationship between government expenditure and economic growth in Nigeria; specifically, the study examined: (i) the significance influence of government capital expenditure on economic growth in Nigeria and (ii) the significance influence of government recurrent expenditure on economic growth in Nigeria. The study employed ordinary least square (OLS) multiple regression analysis in estimating the specified model, with the Gross Domestic Product (GDP) as the dependent variable, while Capital Expenditure (CAPEXP) and Recurrent Expenditure (REXP) are the independent variables. Data between 1980 – 2013 were collected from secondary sources through the National Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN). Results showed that in Nigeria, there exist a significant relationship between the government expenditure and economic growth. The study therefore recommends instilling fiscal discipline in government expenditures, and putting in place structural mechanisms to act as surveillance on capital spending so as to boost the nation’s human and social capital.


2020 ◽  
Vol 4 (2) ◽  
pp. 190-199
Author(s):  
Fatima Tuzzahara Alkaf

The purpose of this study was to determine the contribution of the import structure to total import in Indonesia and also to determine the share of import structures in Indonesia on economic growth during the period 1997-2018. The analysis of this research is conducted by applying descriptive qualitative analysis. During the study period, it was found that the structure of imports that contributed a lot to total imports in a row was imports of raw materials followed by imports of capital goods after that import of consumer goods. Furthermore, the share of the import structure in Indonesia towards Gross Domestic Product (GDP), whose major role is the import of raw/auxiliary materials followed by imports of capital goods and then imports of consumer goods. So it can be concluded that Indonesia's dependence on imported goods is still very high, especially imports of raw materials and capital goods.


2020 ◽  
Vol 6 (3) ◽  
pp. 428
Author(s):  
Muhammad Anwar Fathoni

This study aims to explain the positioning of the Halal Industry in Indonesia. This study also identifies opportunities and challenges in its development. The method used in this study is a descriptive-qualitative method with a phenomenological approach. The data obtained were analyzed using qualitative analysis through data reduction, categorization, and verification. This research found that Indonesia has the potential to develop the Halal Industry in various sectors, especially halal food, halal travel, halal fashion, and halal finance. The development of the Halal Industry also has the potential to increase national economic growth. However, Indonesia must face various challenges such as the low halal awareness, low local product competitiveness, and problems in implementing the Halal Product Guarantee Regulation.


2015 ◽  
Vol 5 (2) ◽  
pp. 173
Author(s):  
Siti Amalia

The purpose of this study was to determine the direct effect of economic growth and inflation against unemployment and poverty in Samarinda, to determine the direct effect of unemployment on poverty in Samarinda, and also the indirect effect of inflation on economic growth and poverty in Samarinda. Data analysis and hypothesis used in this study were path analysis method (Path Analysis Model). Based on the results of quantitative and qualitative analysis and hypothesis testing it can be generated the economic growth and inflation effect on unemployment in Samarinda. So that, government are expected to make better employment opportunities in order to reduce the number of unemployment in Samarinda.


2020 ◽  
Vol 1 (1) ◽  
pp. 40-45
Author(s):  
Juma‘eh ◽  
Harin Tiawon ◽  
Alexandra Hukom

Decentralization of the government that passed since 2004 provides an opportunity to improve the welfare of the community if financial management is carried out effectively. Unfortunately, some regions failed to take advantage of this opportunity. This study aims at analyzing the effect of fiscal capacity and government spending on economic growth and social welfare in Central Kalimantan Province. Path analysis and multiple regression tests using IBM SPSS Version 25.0 are used to analyze government capital expenditure and economic growth in 2007-2017. The results show that fiscal capacity and government spending have a significant direct effect on economic growth. Fiscal capacity and government expenditure do not have a significant direct effect on economic growth, while economic growth has a significant direct effect on economic growth. Meanwhile, fiscal capacity and government spending have a significant indirect effect on the welfare of the community through economic growth in the province of Central Kalimantan in the 2010-2017 period. In addition, efforts to increase sources of the regional revenue, mainly local revenue, are needed to increase regional financial independence in the implementation of regional autonomy and to enhance economic growth.


Author(s):  
Ayoka Cynthia Odinakachi ◽  
Nzotta Samuel Mbadike ◽  
Kanu Success Ikechi

This study examined the effect of federal government revenue and expenditure on the economic growth of Nigeria for the period 1983 to 2018. Prior to now many studies have been completed on the subject matter and yet there doesn't seem to be a consensus of opinion amongst the different researchers on the relationship between revenue and expenditure interface in Nigeria. This could be ascribed to the different approaches gies set forward to clarify the relationship; thus warranting the need for this research .The investigation embraced an ex-post facto research design to produce test results via Bounds test, ARDL short/long run estimates and to make forecasts. The full scale economic factors used in the study includes Real Gross domestic product (proxy for economic growth), federal government retained revenue, non-oil revenue, capital expenditure and recurrent expenditure. We chose to be different in this study with a conscious omission of oil revenue as a variable of study. Findings of the research showed that federal government retained revenue; non-oil revenue and recurrent expenditure were statistically significant in explaining the relationship with economic growth in the short run; while capital expenditure was not at 5% Alpha level. Federal government retained revenue was also found to be statistically significant in the long run. On the basis of these findings, it was concluded that the influential growth variables are federal government retained revenue; non-oil revenue and recurrent expenditure. The researchers thus recommend that government should be tactful in her efforts at fiscal policy synchronization. There is need to monitor Nigeria’s expenditure pattern, increase in revenue and a consequent increase in governments retained revenue. This will make for an effective adjustment in the utilization of capital expenditures and to assist with raising the level of economic growth in Nigeria


Author(s):  
Ketrina Arwakom ◽  
Syaikhul Falah ◽  
Anthonius H. Citra Wijaya

The purpose of this research is to evaluate the effect of the economic growth and the capital expenditures on self-generated revenue of Supiori Regency during 2008 to 2014 partially and simultaneously. This research was a causative research aims to test hypotheses and explain the phenomenon in relation of the research variables. Data collected was from secondary sources such as government publication documents comprise of economic growth information, the amount of capital expenditures, and the region self-generated revenue. The population in this study was Audited Budget Realization Report and economic growth of Supiori Regency and Papua Province from 2008 to 2014. While the sample consisted of economic growth information based on accepted prices, capital expenditures and self-generated revenue of Supiori Regency and Papua province from 2008 to 2014. All these data being analyzed used a classical assumption test and path analysis. According to the analysis, the results showed that the economic growth of Supiori Regency has a positive and significant effect on self-generated revenue of Supiori partially and simultaneously in 2008 to 2014. While the allocation for capital expenditures from 2008 to 2014 has positive effect but not significant on the regional self-generated revenue in Supiori partially and simultaneously. Also, the allocation of capital expenditure and the economic development from 2008 to 2014 have positive but not significant effect on the regional self-generated revenue in Supiori partially and simultaneously. As can be seen from the pattern of correlation from each variables, this study concluded that the capital expenditures was not the intervening variables to the progress of the region self-generated revenue in Supiori Regency. Keywords : Self-Generated Revenue, Economic Growth, Capital Expenditure


2020 ◽  
Vol 5 (1) ◽  
pp. 31-44
Author(s):  
Anisya Ayu L ◽  
Sri Rahayu ◽  
Junaidi

This study aimed to examine the effect of financial performance on economic growth with the allocation of capital expenditure as an intervening variable in District/City Governments in Jambi Province. The financial performance variables measured were the degree of fiscal decentralization, growth of PAD, effectiveness of PAD, financial efficiency and BUMD’s contribution. Data analyzed using path analysis with AMOS program were based on secondary data in the form of panel data sourced from district/city APBD datas in Jambi Province. The results showed that only the degree of fiscal decentralization, the effectiveness of PAD and financial efficiency had direct effect on the allocation of capital expenditure. In addition, only growth of PAD, effectiveness of PAD, financial efficiency and allocation of capital expenditures had direct effect on economic growth. The capital expenditure allocation variable only partially mediated the effect of the fiscal decentralization, PAD effectiveness and financial efficiency on economic growth. Keywords:  Financial Performance, Capital Expenditure, Economic Growth.


2019 ◽  
Vol 4 (1) ◽  
pp. 137
Author(s):  
Mulkan Syah Riza

This study aims to explain how the distribution of productive zakat in the Rumah Zakat North Sumatra and how the effectiveness of productive zakat distribution in improving the welfare of mustahik in the Rumah Zakat North Sumatra. This study uses a qualitative approach with a type of descriptive method, which is a problem that guides researchers to explore and photograph situations that will be thoroughly investigated, broadly and deeply. Data collection techniques with field research, while the tools used are observation, interviews and documentation. Data analysis used is descriptive qualitative analysis. The results of this study inform that in distributing productive zakat funds, Rumah Zakat is in accordance with Law No. 23 of 2011 concerning Management of Zakat. The distribution of productive zakat carried out by the Rumah Zakat North Sumatra through the Senyum Mandiri Program to mustahik in Medan Helvetia Subdistrict has been effective, because it can improve the welfare of mustahik, this is evidenced by the income of eight of thirteen mustahik people in total, five people whose income is fixed and four out of eight people whose income has increased has reached the level of muzaki.


2021 ◽  
Vol 16 (1) ◽  
pp. 130-151
Author(s):  
Fernanda Andrade de Xavier ◽  
Aparna P. Lolayekar ◽  
Pranab Mukhopadhyay

We study the effect of revenue decentralization (RD) and expenditure decentralization (ED) on sub-national growth in India from 1981–1982 to 2015–2016 for 14 large (non-special-category) states. Our study provides evidence that both RD and ED play a defining role in India’s sub-national growth in this three-and-a-half-decade period. We use a panel data model with fixed effects (FE) and Driscoll and Kraay standard errors that control for heteroscedasticity, autocorrelation and cross-sectional dependence. To test for causality between growth and decentralization, we use the Granger non-causality test. The regression analysis is supplemented with the distribution dynamics approach. We find that: (a) While decentralization Granger-caused economic growth, the reverse causality effect of growth on decentralization was not significant; (b) Economic growth increased significantly after liberalization; (c) Decentralization, capital expenditure and social expenditure had significant positive impacts on economic growth; and (d) States that had high levels of decentralization also had high levels of per capita income, while states that had low decentralization also exhibited low per capita income.


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