scholarly journals Determinants of Government Expenditure In Southwest Nigeria

2021 ◽  
Author(s):  
Bamidele Segun Ilugbusi ◽  
Adebayo Tunbosun Ogundipe ◽  
Oluwasegun David Ojo
Keyword(s):  
Panel Data ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Efficient Estimation ◽  
Panel Data Estimation ◽  
Insignificant Effect ◽  
Ex Post ◽  
Domestic Debt ◽  
Southwest Nigeria ◽  
The Government

Abstract This study examined the determinants of government expenditure in Southwest Nigeria. The study adopted ex-post facto research design and it covered 10 years, spanning from 2010 to 2019. The panel data used was sourced from the CBN statistical bulletin (2019) and the annual budget of each of the sampled states. Panel data estimation techniques were used and based on the most consistent and efficient estimation, it was discovered that internally generated revenue exerts a positive significant effect on both capital and recurrent expenditure to the tune of1.315 (p=0.000 < 0.05) and 0.670(p=0.001 < 0.05) respectively. It was equally discovered that statutory allocation exerts a positive but insignificant effect on both capital and recurrent expenditure for the period covered to the tune of 0.34 (p=0.236 > 0.05) 0.389 (p=0.065 > 0.05) respectively. Also, it was discovered that domestic debt exerts a negative insignificant effect on capital expenditure to the tune of -0.061 (p=0.733 > 0.05). Finally, domestic debt has a positive but insignificant effect on recurrent expenditure to the tune of 0.109 (p=0.352 > 0.05). It was established that internally generated revenue, statutory allocation and domestic debt are the determinant factors of public expenditure across all the states in the Southwest region of Nigeria. Thus, it was recommended that available revenue should be judiciously utilized on the pressing needs of the state. While revenue is needed for the functionality of the government, state governments are urged to embrace more capital projects through which additional revenue might be generated.

scholarly journals Educational Level and Tax Compliance: Empirical Evidence From Nigeria

2020 ◽  
Vol 10 (1) ◽  
pp. 160
Author(s):  
Stanley Ogoun ◽  
Godspower Anthony Ekpulu
Keyword(s):  
Educational Level ◽  
Government Expenditure ◽  
Tax Compliance ◽  
Tax Revenue ◽  
Education Expenditure ◽  
Government Investment ◽  
Ex Post ◽  
National Priority ◽  
Ex Post Facto ◽  
The Government

The study interrogates the relationship between educational level and tax compliance in Nigeria. The study employs the ex post facto research design to ascertain how government investment in education enhances tax compliance. The study covers 17 years (2002-2018) for both tax revenue (a surrogate for tax compliance) and education expenditure (a surrogate for educational level). From the empirical results, the study concludes that there is a positive nexus between government expenditure on education and tax revenue. The study, therefore, recommends that as a matter of necessity, the government should invest more in the overall educational demand of her citizens not only from tax revenues but from other oil and non-oil sources. The governments, from the federal and state levels, should act as a matter national priority endeavour to meet up with the international budgetary benchmark allocation for education, as recommended by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in its Education for All (EFA) document 2000-2015. This will give Nigerians more access to quality education that would result in moving up the global ranking in HDI with its resultant benefits.

scholarly journals Government Expenditure and Economic Growth Nexus: Evidence from Nigeria

2016 ◽  
Vol 5 (4) ◽  
pp. 56
Author(s):  
Oyediran, Leye Sherifdeen ◽  
Sanni, Ibrahim ◽  
Adedoyin, Lukman ◽  
Oyewole Olabode Michael
Keyword(s):  
Economic Growth ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Least Square ◽  
National Bureau ◽  
Fiscal Discipline ◽  
Secondary Sources ◽  
Economic Development And Growth ◽  
The Government ◽  
The Impact

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.

scholarly journals PENGARUH BELANJA MODAL, BELANJA SOSIAL, DAN PERTUMBUHAN EKONOMI TERHADAP TINGKAT KEMISKINAN DI KOTA MANADO

2019 ◽  
Vol 19 (2) ◽  
Author(s):  
Agustien Sendouw ◽  
Vekie Adolf Rumate ◽  
Debby Ch. Rotinsulu
Keyword(s):  
Economic Growth ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
City Government ◽  
Social Spending ◽  
Social Expenditure ◽  
Poverty Level ◽  
The Government ◽  
The City ◽  
Poverty Levels

PENGARUH BELANJA MODAL, BELANJA SOSIAL, DAN PERTUMBUHAN EKONOMI TERHADAP TINGKAT KEMISKINAN DI KOTA MANADO Agustien Sendouw, Vekie A.Rumate, Debby Ch. Rotinsulu Ekonomi Pembangunan – Fakultas Ekonomi dan BisnisUniversitas Sam ratulangi  ABSTRAKKemiskinan merupakan masalah klasik disetiap negara. Usaha pengentasan kemiskinan telah lama dilakukan oleh pemerintah. Variabel yang mempengaruhi tingkat kemiskinan antara lain adalah pengeluaran pemerintah dan pertumbuhan ekonomi. Pengeluaran pemerintah Kota Manado melalui pos belanja modal, belanja sosial, dan pertumbuhan ekonomi diharapkan juga memberi pengaruh terhadap tingkat kemiskinan. Penelitian ini bertujuan untuk mengetahui pengaruh belanja modal, belanjasosial, dan pertumbuhan ekonomi terhadap tingkat kemiskinan di Kota Manado secara parsial maupun secara bersama-sama. Metodeanalisis yang digunakan adalah analisis regresi berganda. Hasil penelitian menunjukan bahwa belanja modal memiliki pengaruh yang negative dan signifikan secara parsial terhadap tingkat kemiskinan sedangkan belanja social dan pertumbuhan ekonomi tidak memiliki pengaruh secara parsial terhadap tingkat kemiskinan di Kota Manado. Secara bersama-sama belanja modal, belanja sosial, dan pertumbuhan ekonomi  tidak  memiliki  pengaruh  terhadap  tingkat  kemiskinan di Kota Manado. Kata Kunci  :   Belanja Modal,  Belanja  Sosial,  Pertumbuhan  Ekonomi, Tingkat  Kemiskinan.  ABSTRACTPoverty is a classic problem in every country. Poverty eradication efforts have been carried out by the government. Variables that affect the level of poverty among other government are government expenditure and economic growth. Manado City Government expenditure through capital expenditure, social expenditure, and economic growth is expected to also make an impact on poverty levels. This research aimed to determine the effect of capital expenditure, social expenditure, and economic growth on poverty levels in Manado partially or jointly. The analytical method used is multiple regression analysis. The results showed that capital expenditure has a negative and significant effect partially to the poverty level while social spending and economic growth do not have a partial effect on poverty levels in the city of Manado. Taken all research variables found that capital expenditures, social expenditure, and economic growth have no effect on the level of poverty in the city of Manado. Key Words : Regional Expenditure, Social Expenditure, Economic Growth, Poverty Level.

scholarly journals Analisis Kapasitas Fiskal dan Pengeluaran Pemerintah terhadap Pertumbuhan Ekonomi dan Kesejahteraan Masyarakat Provinsi Kalimantan Tengah

2020 ◽  
Vol 1 (1) ◽  
pp. 40-45
Author(s):  
Juma‘eh ◽  
Harin Tiawon ◽  
Alexandra Hukom
Keyword(s):  
Economic Growth ◽  
Direct Effect ◽  
Government Spending ◽  
Financial Management ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Fiscal Capacity ◽  
Central Kalimantan ◽  
The Government ◽  
Significant Direct Effect

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.

scholarly journals Analysis of the Influence of Economic Growth, Government Expenditure and Investment on the Poverty in North Sumatra Province

2021 ◽  
Vol 8 (5) ◽  
pp. 238-248
Author(s):  
Marita . ◽  
Weni Hawariyuni ◽  
Irsad Lubis
Keyword(s):  
Economic Growth ◽  
Government Expenditure ◽  
Secondary Data ◽  
Poverty Rate ◽  
Coefficient Of Determination ◽  
Cluster Sampling ◽  
Poverty Level ◽  
Ex Post ◽  
The Government ◽  
North Sumatra

Poverty is one of the problems that become the center of attention in any country including Indonesia, especially North Sumatra Province. In poverty alleviation, the government is required to supervise supporting policies that can alleviate the poverty level. Factors that can alleviate poverty are economic growth, government expenditure, and investments made. The purpose of this study is to find out and analyze the influence of economic growth, government expenditure, and investment on poverty levels in North Sumatra Province. This type of research is ex post facto and associative. The type of data used is quantitative in the form of secondary data. The population of this study is variable data in districts/cities in North Sumatra Province, namely as many as 33 districts/cities during 2014-2018 and sample withdrawal used is cluster sampling so that the sample as many as 165 observations. The data analysis method used is to use multiple linear regressions using Eviews10.0 software. The results showed economic growth, government expenditure and simultaneous investment negatively and significantly affected the poverty rate in North Sumatra Province with a coefficient of determination (R2) of 0.9938 or 99.38%. Partial economic growth has a negative and significant effect on the poverty rate in North Sumatra Province while government expenditure and investment have an insignificant negative effect on poverty in North Sumatra Province. Keywords: Economic Growth, Government Expenditure, Investment, Poverty Level.

Income inequality and the composition of public debt

2015 ◽  
Vol 42 (5) ◽  
pp. 821-837 ◽  
Author(s):  
Nisreen Salti
Keyword(s):  
Panel Data ◽  
Income Inequality ◽  
Public Debt ◽  
External Debt ◽  
Political Conflict ◽  
Tax Base ◽  
Content Type ◽  
Domestic Debt ◽  
Cross Country ◽  
The Government

Purpose – The purpose of this paper is to examine the redistributive effect of domestic public debt: lenders to the government lie on the higher end of the income distribution, but the burden of debt financing falls on the entire tax base, to the extent that taxes are used to service debt. Because domestic debt is typically held by domestic lenders, this involves a redistribution of resources. Design/methodology/approach – The author uses cross-country panel data on debt composition, and run regressions of income inequality, as measured by the Gini coefficient, using various specifications, controlling for a variety of macroeconomic, fiscal and political variables. Findings – The author finds that the composition of public debt is consistently a significant determinant of income inequality: the domestic share of public debt is regressive and significant across all specifications, even controlling for total and external debt servicing, political conflict, corruption and a variety of government spending variables. Research limitations/implications – The data span 18 years (1990-2007) which means that long-run effects are hard to track. While the author has a good mix in the sample of observations from low-, middle- and high-income countries, the author is constrained in the choice of countries by the availability of data on inequality and on the composition of public debt. Originality/value – This is the first paper to examine the composition of public debt in terms of domestic and external debt, and any bearing it may have on income inequality. The finding is also new for both the public debt and income inequality literatures: cross-country panel data are consistent with the belief that domestic debt redistributes resources from the entire tax base to wealthy holders of government debt in a way that external debt does not.

scholarly journals STRATEGI ALOKASI BELANJA PEMERINTAH DAERAH DALAM MENINGKATKAN IPM DI PROVINSI JAMBI

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Fransisco ◽  
Muhammad Firdaus ◽  
Sri Mulatsih
Keyword(s):  
Panel Data ◽  
Method Of Moments ◽  
Generalized Method Of Moments ◽  
Government Expenditure ◽  
Cross Section Data ◽  
Public Infrastructure ◽  
Exogenous Variables ◽  
Section Data ◽  
The Government ◽  
Hierarchy Process

The region finances of good management have impact of progressing on a area. This study aimsto develop a strategy of allocating the government expenditure to increase HDI of Regencies andTowns in Jambi province using a GMM (Generalized Method of Moments) regression model. Thevariables used in the study are HDI (Human Development Index as endogenous variable), allocatedspending in the economic sector, housing and public infrastructure, as well as health and education(exogenous variables). The study uses cross-section data of Regencies/Towns in Jambi and time seriesdata of 2010 - 2015. The analysis showed that HDI and the allocated expenditure in the economicsectors, housing and public infrastructure, as well as education had a significant effect on the increasein HDI. The formulated strategy by using AHP (Analytical Hierarchy Process) suggests an allocationpriority in education by improving competence, and in the field of economics and health by providingfacilities and infrastructure.Keyword : AHP, Panel Data, SYS GMM, Jambi ABSTRAKPengelolaan keuangan daerah yang baik akan berpengaruh terhadap kemajuan suatu daerah.Penelitian ini bertujuan menyusun strategi alokasi belanja pemerintah dalam meningkatkan IPMKabupaten dan Kota di Provinsi Jambi menggunakan model regresi GMM (Generalized Method ofMoments). Variabel yang digunakan adalah IPM (variabel endogen), alokasi belanja sektor ekonomi,serta alokasi sektor perumahan dan penyediaan sarana prasarana umum, alokasi belanja sektorkesehatan dan alokasi belanja disektor pendidikan (variabel eksogen). Data yang digunakan ialah crosssection Kabupaten/Kota di Jambi dan time series 2010-2015. Analisis menunjukkan bahwa IPM tahunsebelumnya, alokasi belanja sektor ekonomi tahun sebelumnya, serta alokasi sektor perumahan danpenyediaan sarana prasarana umum dan alokasi belanja sektor pendidikan berpengaruh signifikanterhadap peningkatan IPM. Perumusan strategi dengan menggunakan AHP diperoleh alokasi prioritasdibidang pendidikan melalui peningkatan kompetensi, dibidang ekonomi dan kesehatan melaluipenyediaan sarana dan prasarana.Kata Kunci : AHP, Panel Data, SYS GMM, Jambi

scholarly journals Nexus Between Public Finance and Economic Growth in Nigeria

2020 ◽  
Vol 17 ◽  
Keyword(s):  
Public Finance ◽  
Economic Growth ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Unit Root Test ◽  
Secondary Data ◽  
Major Effect ◽  
Public Expenditures ◽  
Domestic Savings ◽  
The Government

Public finance deals with various roles and activities of the government aimed at ensuring economic growth. This study assessed the nexus between public finance and economic growth in Nigeria. It adopts the theory of Peacock; it states that a country could evolve after encountering social disturbances. Such financial difficulties are expected to increase government spending leading to national growth. Secondary data sources gotten from CBN and World Development Indicators are used. Data analysis is done using Unit Root test, Auto-Regressive Distributed Lag (ARDL) and granger causality technique for period 1981 to 2017. Results of the study indicate that Government revenue (GREV) has a major effect on development of Nigeria’s economy, Government expenditure (GEXP) has not substantially but significantly impacted economic growth via the outcomes of Recurrent expenditure(REXP) and capital expenditure (CEXP), and in conclusion Gross domestic savings (GDS) has not impacted Nigeria's economic growth. The recommendation made based on the findings are; In order to ensure aggregate productive public expenditures, the government of Nigeria should ensure that the composition of public sector outputs is optimal. This can be done by ensuring it does not produce either too much of one good or too little of another,the government of Nigeria through various investment schemes and programs that are tax exempt can promote the practice of saving in the country. Investing in such saving schemes can considerable promote individuals tax savings which in turn increases gross domestic savings.

scholarly journals Memodelkan Pendapatan Asli Daerah Kabupaten Kota di Jawa Tengah

2019 ◽  
Vol 9 (2) ◽  
pp. 74-80
Author(s):  
Abdul Hakim ◽  
Raras Kinanthi
Keyword(s):  
Panel Data ◽  
Capita Income ◽  
Government Expenditure ◽  
The Other ◽  
Regional Government ◽  
Independent Variables ◽  
Central Java ◽  
Per Capita ◽  
The Government ◽  
Effect Method

This paper models District Revenue (DR) in regencies and cities in Central Java. The independent variables that are expected to describe the DR behavior are Gross Regional Per Capita Income (GRPCI), Population (POP), Regional Government Expenditure (GOV), and inflation (INF). The panel data covers 35 regencies and cities in Central Java, from 2012 to 2016. Using the regression model of panel data with fixed effect method, it is found that all the variables significantly influence DR with inflation as the dominant variable followed by the population. Government expenditures, the vairable that can be controlled directly by the government, have only the smallest influence among the other four variables.

scholarly journals Government Expenditure and Its Effect on Achieving the Sustainable Development Goals in Nigeria

2021 ◽  
Vol 4 (3) ◽  
pp. 170-184
Author(s):  
Samuel Ochinyabo
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Secondary Data ◽  
National Bureau ◽  
The Sustainable Development ◽  
Transparency International ◽  
Ex Post ◽  
Development Goals

This study examined government expenditure and its effect on achieving the Sustainable Development Goals in Nigeria. This was undertaken given that Nigeria is a democratic underdeveloped economy seeking sustainable development. The Millennium Development Goals, the predecessor of SDGs, did not achieve much and now there are the Sustainable Development Goals to finance in the face of a volatile mono-economy, corruption, weak budgetary system, decaying infrastructure and security challenges. The specific objective of this study is to analyze the structure and trend of government expenditure from 1986 to 2020. The study adopted an ex-post-facto research design. Secondary data was obtained from publications of the Central Bank of Nigeria, National Bureau of Statistics, Transparency International and the World Bank. Descriptive and analytical statistics were used for analysis. The findings of the study revealed that recurrent expenditure outlay is higher than capital expenditure, the economic and social service sectors expenditure is inadequate to foster any meaningful sustainable development and, corruption is rife in the country. Hence, the study concludes that there are indications that the SDGs just like its predecessors, the MDGs, is on the verge of achieving poor outcomes if urgent measures are not taken to correct this. So, the study recommends that the structure of government expenditure should be reversed and made adequate; environmental sector expenditure should be disaggregated for easy inference to ensure that the issues of environmental degradation are dealt with; and agencies such as the Independent Corrupt Practices Commission, Economic and Financial Crimes Commission, the Nigerian Police and other security agencies should be strengthened.

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