IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT (IJEFM )

E-ISSN 2545-5966
P-ISSN 2695-1932
VOL. 9 NO. 2 2024
DOI: https://doi.org/10.56201/ijefm.v9.no2.2024.pg1.20

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Cost of Governance and Deficit Financing in Nigeria: An Application of Auto Regression Distributive Lag (ARDL) Model

Lucky Anyike Lucky and Elfreda Akani Nwkaego

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Abstract

This study examined the effect of cost of governance on deficit financing in Nigeria using the Auto

keywords:

Cost of Governance, Deficit Financing, Auto Regression Distributive Lag (ARDL), Cost On National Assembly, Cost of Internal Security, Cost of Defence, Cost of General Adminis

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References:

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Adewole, A.N. & Osabuohien, E.S.C. (2007). Analysis of the cost of governance and options for
its reduction in Nigeria, Nigerian Journal of Economic and Social Studies, 49(1):137 –
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Aero, O., & Ogundipe, A. A. (2018). Fiscal deficit and economic growth in Nigeria: Ascertaining
a feasible threshold. International Journal of Economics and Financial Issues, 8(3), 296-
306.

Afolugbe, O. (2004). Institutions as the Fundamental Cause of Rising cost of Governance.
American Economic Review, (December) 5:1369 – 1401.

Akinola, F. (2017).The economic performance of budget de cit in Nigeria. Research Journal of
Finance and Accounting, 8(8), 128-135

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