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Government Expenditure and Economic Growth in Bayelsa State

Journal: International Journal of Trend in Scientific Research and Development (Vol.10, No. 1)

Publication Date:

Authors : ;

Page : 179-187

Keywords : government expenditure; real gross domestic product; fiscal policy.;

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Abstract

This study examines government expenditure on Bayelsa state economy from 2015 2023. The research design used in this research work is ex post facto. Multiple regression analysis was used to establish a long run relationship between government expenditure and real gross domestic product in Bayelsa state. In the short run, the study reveals that government capital expenditure on Bayelsa state economy is positive and significant and this may be as a result of proper management of funds meant for capital projects in the state. For the re current expenditure, the impact has been consistent being positive and significant on real gross domestic product in Bayelsa state. Also, the estimated result shows that the joint effect of the explanatory variables is statistically significant. That is, government expenditure has a significant impact on Bayelsa state economy. The following recommendations are made based on the researcher's findings There is a need for the establishment of an appropriate institution that will be responsible for monitoring the disbursement and the usage of government allocation for the development of manpower in the country. To sustain positive and significant relationship between fiscal policy and manpower development in the country, there is a need for more proactive measures within the public sectors to ensure disbursement and usage of government allocation to the manpower development. Dr. Question Christiana | Dr. Odogu Laime Isaac "Government Expenditure and Economic Growth in Bayelsa State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-10 | Issue-1 , February 2026, URL: https://www.ijtsrd.com/papers/ijtsrd100039.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/100039/government-expenditure-and-economic-growth-in-bayelsa-state/dr-question-christiana

Last modified: 2026-03-12 19:13:19