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Document details

Impact of Fiscal Policy Instruments’ Dynamics on Resource Sustainability in Nigeria

Published on Sep 4, 2019

IJEAB Journal
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This research examined the impact of fiscal policy instruments on agricultural resources sustainability in Nigeria for the period 1980-2018. Specifically the study examined the causal relationship between fiscal policy instruments and resource sustainability; analyzed the instantaneous and compound growth rate of government expenditure, debt policy instruments and agricultural resources sustainability and; examined the impact of government expenditure and debt policy instrument on resource sustainability. Data were obtained from Central Bank of Nigeria (CBN) Statistics Data Base: and Food and Agriculture Organization Statistical data (FAOSTATS). From the findings, there exist a unidirectional relationship (P<0.05) from government expenditure and debt to resource sustainability index. Government expenditure and debt instruments had instantaneous and compound growth rate (P<0.05) of 7.62%, 7.92% and 1.23% and 1.24% respectively. The instantaneous growth rate for forest resources (P<0.05), arable land (P<0.05) a

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