IMPACT OF GOVERNMENT EXPENDITURE ON AGRICULTURAL SECTOR OUTPUT GROWTH IN NIGERIA

Authors

  • Muhammad Usman Shaba Government Army Day Secondary School,Minna, Niger state.
  • SharehuMu’azu Department of Economics,Faculty of Social Sciences, ShenhuSagari College of Education, Sokoto.
  • Shehu Muhammed Department of Economics, Shehu Shagari College of Education, Sokoto

Keywords:

Government expenditure, Agricultural sectoroutput growth

Abstract

This paper investigates the impact of government expenditure on agricultural sector growth output in Nigeria, using time series data from 1971-2013. The study employed Vector Error Correction Model (VECM) to test for long runrelationship between the variables and short run dynamism.The tests used in the study revealed that there is significant long run relationship betweengovernment expenditure on agricultural sector growth output. The short run dynamicsyielded negative and statistically significant coefficientthat equilibrium can be restoredat 5.0 per cent annually. The study suggests thatgovernment expenditureshould be intensified not only to increase funding to the sector but also to ensure that funds are properly utilised.

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Published

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Issue

Vol. 10 No. 12 (2022): EPRA International Journal of Agriculture and Rural Economic Research (ARER)

Section

Articles