Macroeconomic Effects of Fiscal Policy Changes in Nigeria
The Journal of Accounting and Management
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Title |
Macroeconomic Effects of Fiscal Policy Changes in Nigeria
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Creator |
Alimi, Olorunfemi Yasiru; University of Lagos
Yinusa, Olumuyiwa Ganiyu; Olabisi Onabanjo University Akintoye, Ishola Rufus; Babcock University Aworinde, Olalekan Bashir; Tai-Solarin University of Education |
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Subject |
Macroeconomic factors, fiscal deficit, public revenue, government expenditure, Nigeria.
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Description |
The study examines the relationship between fiscal policy and macroeconomic performance in Nigeria in the post economic crisis era. The vector autoregressive, granger causality and impulse response function estimators are employed to capture the interactions between fiscal policy and macroeconomic variables. The findings indicate that the previous values of government revenue employed in financing government expenditure have impact on macroeconomic factors except for per capita income growth. However, only money supply to the size of the Nigerian economy reported a direct relationship with total expenditure growth, where others report an indirect relation. Also, the fiscal balance growth only enhances lending rate, total trade to economic size and exchange rate, and the other two variables report otherwise. The paper submitted that fiscal policy is important to achieve better macroeconomic performance in Nigeria.
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Publisher |
The Journal of Accounting and Management
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Contributor |
—
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Date |
2016-01-20
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Type |
Peer-reviewed Article
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Format |
application/pdf
text/html |
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Identifier |
http://journals.univ-danubius.ro/index.php/jam/article/view/2963
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Source |
The Journal of Accounting and Management; Vol 5, No 3 (2015): JAM
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Language |
en
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Rights |
The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.
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