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 Görüntüleme 36
 İndirme 9
A Causal Assessment of Nigeria’s Crude Oil Revenue, Health Expenditure, and Economic Growth
2022
Dergi:  
International Journal of Energy Economics and Policy
Yazar:  
Özet:

Abstract Economic growth and health expenditure in Nigeria have become major priorities, and there is no doubt that health expenditure in Nigeria has risen over the years. According to studies, revenue and expenditure are important factors that contribute to a country's economic growth. Using pairwise granger causality, the study investigated the relationship between oil revenue, health expenditure, and economic growth. The variables of interest were oil revenue, health expenditures, real gross domestic product, consumer price index, and money supply. The annual time series data from 1980 to 2020 were obtained from the Central Bank of Nigeria (CBN) statistical bulletin, annual reports, and the World Bank Database. According to the findings, there is a bidirectional relationship between total health expenditure and real GDP. However, there is a unidirectional relationship between oil revenue and GDP. Furthermore, there is a unidirectional relationship between oil revenue and health expenditure. The study concluded that oil revenue and health expenditure granger cause Nigerian economic growth. Therefore, the government should make better use of oil revenue, close loopholes, and increase health spending. To increase productivity and economic growth, the government should increase public spending on health. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-09-27 How to Cite Awoyemi, O. B., & Nwibe, D. A. . (2022). A Causal Assessment of Nigeria’s Crude Oil Revenue, Health Expenditure, and Economic Growth. International Journal of Energy Economics and Policy, 12(5), 420–424. https://doi.org/10.32479/ijeep.13318 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 5 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Alan :   Sosyal, Beşeri ve İdari Bilimler

Dergi Türü :   Uluslararası

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Makale : 2.578
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2023 Impact/Etki : 0.22
International Journal of Energy Economics and Policy