Fiscal Decentralisation and Economic Development in Nigeria

Released on by Adetola Hammed Adefeso
preview-18

  • Fiscal Decentralisation and Economic Development in Nigeria Book Detail

  • Author : Adetola Hammed Adefeso
  • Release Date : 2018
  • Publisher :
  • Genre :
  • Pages : 8
  • ISBN 13 :
  • File Size : 96,96 MB
DOWNLOAD BOOK

Fiscal Decentralisation and Economic Development in Nigeria by Adetola Hammed Adefeso PDF Summary

Book Description: This study examines long run and causal relationship between fiscal decentralization and economic development in Nigeria using annual data from 1970-2011. Both sub-national expenditures ratio and sub national revenue ratio were used to measure fiscal decentralisation in Nigeria. The result of the analysis showed that the federally allocated expenditures to sub-national has been greater than its corresponding allocated revenue in Nigeria and this has become pronounced from the year 1999 up till date under the administration of a dominant political party known as People Democratic Party (PDP) in Nigeria. Using VECM, the study found that fiscal decentralisation is cointegrated with economic development in Nigeria. That is, there is a long run relationship between fiscal decentralisation and economic development. The results from the VEC granger causality test showed a unidirectional causality run from economic development to fiscal decentralization i.e. economic development granger causes fiscal decentralization (only sub-national revenue decentralization ratio) in Nigeria. By implication, economic benefits derived from fiscal decentralization are the products of economic development simply because as economy is developing, these benefits emerge in Nigeria.

Disclaimer: www.yourbookbest.com does not own Fiscal Decentralisation and Economic Development in Nigeria books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.