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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

Abstract

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

Keywords

Cost of GovernanceDeficit FinancingAuto Regression Distributive Lag (ARDL)Cost On National AssemblyCost of Internal SecurityCost of DefenceCost of General Adminis

References

Adam, C. S., & Bevan, D. L. (2002).Fiscal deficits and growth in developing countries. University of Oxford: Discussion Paper Series(120), 511-597. 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 – 159. 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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