IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v8y2024i5p97-111.html
   My bibliography  Save this article

Public Expenditure and Human Development in Nigeria

Author

Listed:
  • Obioma O. Ajaero

    (Department of Accountancy, Alvan Ikoku Federal University of Education Owerri, Imo State.)

  • Ngozi G. Iheduru

    (Department of Accountancy Imo State University, Owerri Imo State)

  • Ifeoma, G. Nwachukwu

    (Department of Accountancy, Alvan Ikoku Federal University of Education Owerri, Imo State.)

Abstract

The aim of the study was to examine the relationship between public expenditure and human development in Nigeria from 2003 to 2022. The study utilized secondary data from online publications of Central Bank of Nigeria (CBN) statistical bulletin and United Nations Development Programme (UNDP) human development report for the period 2003 to 2022. Data collected were analyzed with multiple regression analyses. Results from the Least Square System Regression showed that while recurrent expenditure had insignificant effect on HDI, capital expenditure had significant effect on HDI in Nigeria. The findings therefore show that expenditure on infrastructure improves human lives. Musgrave theory of public expenditure, Keynesian theory and capability approach could be relied upon for studies on public expenditure and human development in Nigeria. Those in practice should understand that recurrent expenditure on key areas such as health and education which indirectly improves gross national income per capita should be greatly encouraged. Policy that increases capital expenditure which is aimed at improving rural areas especially food and allied industries remains very key for human development.

Suggested Citation

  • Obioma O. Ajaero & Ngozi G. Iheduru & Ifeoma, G. Nwachukwu, 2024. "Public Expenditure and Human Development in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(5), pages 97-111, May.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:5:p:97-111
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-8-issue-5/97-111.pdf
    Download Restriction: no
    File URL: https://rsisinternational.org/journals/ijriss/articles/public-expenditure-and-human-development-in-nigeria/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sabina Alkire, 2010. "Human Development: Definitions, Critiques, and Related Concepts," OPHI Working Papers 36, Queen Elizabeth House, University of Oxford.
    2. Richardson Kojo Edeme & Nelson C Nkalu, 2016. "Crowding-In and Crowding-Out Effects of Recurrent and Capital Expenditure on Human Capital Development in Nigeria," Asian Development Policy Review, Asian Economic and Social Society, vol. 4(3), pages 65-73.
    3. Sangaran Vijesandiran & Priyatharsiny Selvarasa, 2018. "Effects Of Fiscal Policy On Human Development In Sri Lanka: An Empirical Analysis," Journal of Smart Economic Growth, , vol. 3(3), pages 1-36, December.
    4. Richardson Kojo Edeme & Nelson C. Nkalu, 2016. "Crowding-In and Crowding-Out Effects of Recurrent and Capital Expenditure on Human Capital Development in Nigeria," Asian Development Policy Review, Asian Economic and Social Society, vol. 4(3), pages 65-73, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oseni, Isiaq Olasunkanmi & Oyelade, Aduralere O., 2023. "Effect of Capital Expenditure on Unemployment Rate in Nigeria," African Journal of Economic Review, African Journal of Economic Review, vol. 11(3), June.
    2. Iliyasu, Ibrahim & Gambo, Suleman Lawal, 2021. "Does Debt Servicing Crowd-Out Federal Government Expenditures in Nigeria?," African Journal of Economic Review, African Journal of Economic Review, vol. 10(01), December.
    3. Canton, César G., 2012. "Empowering People in the Business Frontline: The Ruggie’s Framework and the Capability Approach," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 23(2), pages 191-216.
    4. Elaine Unterhalter & Andrew Dorward, 2013. "New MDGs, Development Concepts, Principles and Challenges in a Post-2015 World," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 113(2), pages 609-625, September.
    5. César González-Cantón & Sonia Boulos & Pablo Sánchez-Garrido, 2019. "Exploring the Link Between Human Rights, the Capability Approach and Corporate Responsibility," Journal of Business Ethics, Springer, vol. 160(4), pages 865-879, December.
    6. Burchardt, Tania & Hick, Rod, 2017. "Inequality, advantage and the capability approach," LSE Research Online Documents on Economics 84598, London School of Economics and Political Science, LSE Library.
    7. Abdillah, Kiky Kirina & Abdul Manaf, Azima & Awang, Abd Hair, 2022. "Land tenure security for low-income residents' urban livelihoods: A human development approach review of temporary occupation license," Land Use Policy, Elsevier, vol. 119(C).
    8. Rachel M. Gisselquist, 2013. "Evaluating Governance Indexes: Critical and Less Critical Questions," WIDER Working Paper Series wp-2013-068, World Institute for Development Economic Research (UNU-WIDER).
    9. Joseph Kwadwo Tuffour & Thelma Mensah, 2018. "The Effects of Governance Type and Economic Crises on Foreign Direct Investment Inflows in Ghana," Foreign Trade Review, , vol. 53(2), pages 63-80, May.
    10. David Mayer-Foulkes, 2013. "A Cross-country Causal Panorama of Human Development and Sustainability," Review of Development Economics, Wiley Blackwell, vol. 17(2), pages 235-251, May.
    11. Miroslav Verbič & Nela Kačmarčik-Maduna, 2018. "Child Well-being in Transition Countries as an Intergenerational Investment in the Development of Human Capital," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 11(4), pages 1077-1105, August.
    12. Juan Telleria, 2023. "Defining and Measuring Human Development: A Genealogical Analysis of the UNDP’s Human Development Reports," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(3), pages 520-544, June.
    13. Jürgen Volkert & Friedrich Schneider, 2011. "The Application of the Capability Approach to High-Income OECD Countries: A Preliminary Survey," CESifo Working Paper Series 3364, CESifo.
    14. Jeremy S. Brooks, 2013. "Avoiding the Limits to Growth: Gross National Happiness in Bhutan as a Model for Sustainable Development," Sustainability, MDPI, vol. 5(9), pages 1-25, August.
    15. Gisselquist, Rachel M., 2013. "Evaluating Governance Indexes: Critical and Less Critical Questions," WIDER Working Paper Series 068, World Institute for Development Economic Research (UNU-WIDER).
    16. Sabina Alkire, 2016. "Measures of Human Development: Key Concepts and Properties," OPHI Working Papers ophiwp107.pdf, Queen Elizabeth House, University of Oxford.
    17. Konstantinos Rontos & Petros Sioussiouras & Ioannis S. Vavouras, 2012. "An Incentive Model of Corruption in the Mediterranean and Balkan Region," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 2(2), pages 1-99.
    18. Yahya Z. ALSHEHHI, 2017. "Achievements In Terms Of Human Development Dimensions," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 13, pages 109-125, May.
    19. Panagiotis Artelaris, 2022. "A development index for the Greek regions," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(3), pages 1261-1281, June.
    20. Doctorovich Anatoly Borisovich & Kushlin Valery Ivanovich & Ustenko Victoria Sergeevna, 2014. "International experience of development and realization of the strategy of human resources management," Published Papers nvg111, Russian Presidential Academy of National Economy and Public Administration.

    More about this item

    Statistics

    Access and download statistics

    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:bcp:journl:v:8:y:2024:i:5:p:97-111. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    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.