Government expenditure and energy consumption in nigeria

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of study
  • 1.3Problem Statement
  • 1.4Objective of study
  • 1.5Limitation of study
  • 1.6Scope of study
  • 1.7Significance of study
  • 1.8Structure of the research
  • 1.9Definition of terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of Government Expenditure
  • 2.2Energy Consumption Trends
  • 2.3Relationship between Government Expenditure and Energy Consumption
  • 2.4Economic Theories on Government Expenditure and Energy Consumption
  • 2.5Impact of Government Policies on Energy Consumption
  • 2.6Global Perspective on Government Expenditure and Energy Consumption
  • 2.7Case Studies on Government Expenditure and Energy Consumption
  • 2.8Technological Interventions in Energy Consumption
  • 2.9Environmental Implications of Government Expenditure on Energy Consumption
  • 2.10Future Projections and Trends

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Design
  • 3.2Data Collection Methods
  • 3.3Sampling Techniques
  • 3.4Variables and Measures
  • 3.5Data Analysis Techniques
  • 3.6Ethical Considerations
  • 3.7Research Limitations
  • 3.8Research Validity and Reliability

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Overview of Data Analysis
  • 4.2Descriptive Statistics
  • 4.3Inferential Statistics
  • 4.4Regression Analysis
  • 4.5Hypothesis Testing
  • 4.6Findings Interpretation
  • 4.7Comparative Analysis
  • 4.8Discussion on Results

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusions
  • 5.3Implications of the Study
  • 5.4Recommendations for Policy and Practice
  • 5.5Future Research Directions

Project Abstract

<p> Government expenditure is a very important fiscal tool used by policy makers to stimulate the economy. Therefore, the study of its determinants has led us to include energy consumption in this study. The study therefore, investigated the nexus between government expenditure and energy consumption in Nigeria covering a period of 1981-2013 under the frameworks of ARDL and VECM. Findings show that there is a long-run relationship among the variables. In addition to this, results of the long-run coefficients show that oil consumption is significant and negatively related to government expenditure. Also in the long-run, electricity consumption is significant and positively related to government expenditure just as gas consumption and GDP are significant and positively related to government expenditure. The results of the short-run analyses reveal that oil consumption is significant and positively related to government expenditure. However, both lag one and two of electricity consumption are significant but negatively related to government expenditure. Also, both gas consumption and GDP are not significant and also negatively related to government expenditure. The results of the Granger causality show that there is a long-run causality running from other explanatory variables to government expenditure. For short-run causality, results show that there is a uni-directional causality flowing from electricity consumption to government expenditure. The study also founpd that there is bi-directional causality between electricity consumption and gas consumption. Evidence also shows that there is a uni-directional causality running from oil consumption to government expenditure, just as causality runs from gas consumption to government expenditure as well as from gas consumption to GDP. On the strength of the above findings, the study recommended that government should formulate polices that will boost energy consumption in the economy. <br></p>

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