On the Directional Causality Between Government Spending and Economic Growth in Nigeria Using Wagnerian or Keynesian Models.

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dc.contributor.authorNwaogwugwu, I.C
dc.contributor.authorOjapinwa, T.V
dc.date.accessioned2019-03-29T12:45:40Z
dc.date.available2019-03-29T12:45:40Z
dc.date.issued2015
dc.descriptionStaff Publicationsen_US
dc.description.abstractThis paper examines the causality between government spending and economic growth along with external reserve in a VAR technique by applying Granger causality/Block Exogeneity approach to Nigerian data for the period 196 1-2011. Various diagnostic tests for adequacy of the model were performed. This study finds that there is unidirectional causality from government spending to economic growth in Nigeria. This supports the conventional Keynesian framework that causality runs from government spending to economic growth and not from economic growth to government expenditure as posited by the Wagnerian.en_US
dc.identifier.citationNwaogwugwu, I.C and Ojapinwa, T.V (2015). On the Directional Causality Between Government Spending and Economic Growth in Nigeria Using Wagnerian or Keynesian Models. Nigerian Journal of Management Studies, Vol.13(1), pp.119-129en_US
dc.identifier.isbn978-32843-1-2
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/4009
dc.language.isoenen_US
dc.publisherFaculty of Business Administration, University of Lagos.en_US
dc.subjectEconomicsen_US
dc.subjectGrowthen_US
dc.subjectCausalityen_US
dc.titleOn the Directional Causality Between Government Spending and Economic Growth in Nigeria Using Wagnerian or Keynesian Models.en_US
dc.typeArticleen_US
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