2021
DOI: 10.47616/jamrems.v2i4.173
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Impact of Public Capital Expenditure on Economy Growth of Nigeria

Abstract: The research investigates the relationship between governmental capital spending and economic development in Nigeria. Several issues of the Central Bank of Nigeria's statistics bulletin were used in the research, which yielded a large amount of data. The data was submitted to a unit root test, which was performed using the Augmented Dickey fuller (ADF) method, in order to determine its time series characteristics. The variables' socioeconomic characteristics were obtained via the use of descriptive statistics.… Show more

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Cited by 2 publications
(3 citation statements)
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“…In addition, foreign investors are essential in investing in regions to encourage multipliers by opening new jobs, ultimately boosting GRDP output in the area. This research is in line with the study by Muzdalifah Siregar (2018), Joy et al (2021), andWaweru (2021).…”
Section: Resultssupporting
confidence: 92%
See 1 more Smart Citation
“…In addition, foreign investors are essential in investing in regions to encourage multipliers by opening new jobs, ultimately boosting GRDP output in the area. This research is in line with the study by Muzdalifah Siregar (2018), Joy et al (2021), andWaweru (2021).…”
Section: Resultssupporting
confidence: 92%
“…Determinants of Indonesia's Regional Economic Growth During The Era The subsequent determinant of economic growth in this research is capital spending. Capital spending plays a vital role in determining the magnitude of economic growth by increasing spending on infrastructure and social services to meet people's basic needs (Joy et al, 2021). According to Muzdalifah and Siregar (2018), Capital spending has a positive impact on economic growth.…”
Section: Introductionmentioning
confidence: 99%
“…Secara empiris, terdapat penciptaan efek pengganda pada permintaan agregat dari peningkatan pengeluaran belanja pemerintah. Namun, output yang dihasilkan tergantung pada ukuran pengganda pengeluaran belanja yang digunakan (Joy et al, 2021). Multiplier effect yang dihasilkan dari pengeluaran belanja pemerintah Amerika Serikat lebih rendah dari 1 atau berada dalam rentang 0,6 -1,2 (Ramey, 2011).…”
Section: Studi Literaturunclassified