IDEAS home Printed from https://ideas.repec.org/a/dug/journl/y2023i2p68-82.html
   My bibliography  Save this article

Fiscal Policy and Government Revenue Nexus: Evidence from Nigeria

Author

Listed:
  • Johnson I. Okoh

    (National Open University of Nigeria)

  • Afrogha Olufolakemi Oludami

    (National Open University of Nigeria)

  • Oyakhiromhe Bamidele Agbadua

    (Auchi Polytechnic)

  • Fidelis U. Amahi

    (University of Delta)

  • Akinloye O. Oyeranmi

    (National Open University of Nigeria)

Abstract

This paper examined the nexus of fiscal policy and government revenue in Nigeria over a period of 41years. The study made use of secondary data garnered from the Central bank of Nigeria Statistical bulletin for the period covered. The requisite diagnostic tests were conducted on the time series data to ensure that the data was fit for empirical use. The study employed the Ordinary Least Squares Regression (OLS) method. The method was adjudged appropriate for the study because of the Best Linear Unbiased Estimator property (BLUE) of the OLS. The estimation result revealed that all the independent variables except Government Domestic Debt (GDOD) were positively correlated with the dependent variable. It was further reveals that all the independent variables except Government Capital Expenditure are empirically significant to Total Federally Collected Revenue in Nigeria. From, the F-statistic, the study concluded that fiscal policy has strong statistical influence on government revenue in Nigeria.

Suggested Citation

  • Johnson I. Okoh & Afrogha Olufolakemi Oludami & Oyakhiromhe Bamidele Agbadua & Fidelis U. Amahi & Akinloye O. Oyeranmi, 2023. "Fiscal Policy and Government Revenue Nexus: Evidence from Nigeria," EuroEconomica, Danubius University of Galati, issue 2(13), pages 68-82, August.
    • Handle: RePEc:dug:journl:y:2023:i:2:p:68-82
    as

    Download full text from publisher

    File URL: https://dj.univ-danubius.ro/index.php/JAM/article/view/2457/2554
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:journl:y:2023:i:2:p:68-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Nuta (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.