TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0)
📄 Project Abstract
Wagner's Law suggests that as the economic activity of a country increases, so does its government expenditure. This study tests Wagner's laws for Nigeria using annual time series data between 1981 and 2013. It adopts three of the most advanced econometric methods, the Johansen co-integration, Error correction Mechanism and the Granger causality test. From the co-integration results we found out that their exists a long run relationship between government expenditure and National income in Nigeria, but on getting to the Granger causality test we found out that causality runs from Government expenditure to National income. The Granger causality test results show that Wagner's law does not hold for Nigeria, over the period been tested. Rather we found empirical support in the proposition by Keynes that public expenditure is an exogenous factor and a policy instrument for increasing national income.
🔍 Key Research Areas Covered
- ✅ Literature Review & Theoretical Framework
- ✅ Research Methodology & Data Collection
- ✅ Data Analysis & Statistical Methods
- ✅ Findings & Results Discussion
- ✅ Recommendations & Conclusions
- ✅ References & Bibliography
📚 Complete Project Structure
- Problem Statement & Objectives
- Theoretical Framework & Related Studies
- Data Collection & Analysis Methods
- Findings & Statistical Analysis
- Recommendations & Future Research
- Questionnaires, Data, References
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TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0)
Full Citation:
OKORAFOR UZOAMAKA RUTH. (). TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0). African and General Studies, 40, 14858.
Citation Formats:
APA
OKORAFOR UZOAMAKA RUTH. (). TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0). African and General Studies, 40, 14858.
MLA
OKORAFOR UZOAMAKA RUTH. "TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0)." African and General Studies, vol. 40, , pp. 14858.
Chicago
OKORAFOR UZOAMAKA RUTH. "TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0)." African and General Studies 40 (): 14858.
Full Citation:
OKORAFOR UZOAMAKA RUTH. (). TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0). African and General Studies, 40, 14858.
Citation Formats:
APA
OKORAFOR UZOAMAKA RUTH. (). TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0). African and General Studies, 40, 14858.
MLA
OKORAFOR UZOAMAKA RUTH. "TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0)." African and General Studies, vol. 40, , pp. 14858.
Chicago
OKORAFOR UZOAMAKA RUTH. "TESTING THE APPLICABILITY OF WAGNERS LAW IN NIGERIAS ECONOMY (1981-2013)(0)." African and General Studies 40 (): 14858.
Document Details
| Author | OKORAFOR UZOAMAKA RUTH |
|---|---|
| 📁 Field | Economics Project Topics |
| 🏷️ Type | Social Sciences project topics |
| Pages | 67 Pages |
| Words | 10063 words |
| 📘 Chapters | 1 to 5 Chapters |