ABSTRACT
The impact of pubic expenditure in developing economy, a comparative study of Nigeria and Britain specifies a linear public expenditure functions.
Public expenditure can be seen as the measures through which allocate efficiency or Pareto Optimality can be attained, it comes in the commanding heights of the economy and take all major decisions for allocation of scarce economic resources efficiently and effectively.
The government through its activities of levying taxes, undertaking expenditures on commodities, making direct money transfers to individuals and /or firms as well as the establishment of regulatory standards for the operation of her economy.
Therefore, given the influence of public expenditure on the demand and supply patterns in the economy, public expenditures carries the implications.
For stability, growth and development, hence the social welfare and distributive justice are directly implicated.
To determine the extent to which the repressor affects the regress, data yeas collected for a eight year period f 1996 – 2003 from secondary data sources. The ordinary least square regression analysis was used to analysis the data collected the standard error test and the t-test was used to treasure the size f the error in the estimates and to test the reliability of the parameter estimates respectively. Also the analysis of variance (ANOVA) was used to test the overall significance f the regression analysis model, which shared that the R2 statistically significant.
The study at the end made some necessary recommendations that should be adopted by government and its authorities for improvement of public expenditure vis-a vis standard f living f the citizens.
TABLE OF CONTENTS
Title Page……………………i
Abstract ……………………ii
Certification ……………………iii
Dedication ……………………iv
Acknowledgement …………………v
Proposal ……………………vi
Table of Content …………………vii
CHAPTER ONE
1.0Background of the study
1.1Statement of the Problem
1.2The purpose of the study
1.3Objectives of the study
1.4The Hypothesis if the study
1.5The research Question of the study
1.6The Limitations of the study
1.7Significance of the study
1.8Scope of the study
1.9Definition of terms.
CHAPTER TWO
2.0Introduction to Literature Review
2.1Definition of public expenditure
2.2Classification of public Expenditure
2.3Importance for public expenditure
2.4Changes in public expenditure
2.5Principles of public expenditure
2.6Determinants of public expenditure
2.7Economic development
CHAPTER THREE
3.0Introduction
3.1Definition of Area and population of study
3.2Procedures for data Collection
3.3Procedures for data analysis
3.4Public Expenditure Functions
3.5The need for Public expenditure
CHAPTER FOUR
4.0Presentation of data collected
4.1Presentation of result (Britain)
4.2 Interpretation of Results
4.2.1 Standard Error test
4.2.2The T – Test
4.3Analysis of Variance
4.4Discussion of result (Britain)
4.5Presentation of Result (Nigerian)
4.5.1 Interpretation of result
4.5.2Standard Error Test
4.6The T-Test
4.6.1Analysis of variance
4.7Discussion of Result (Nigeria)
CHAPTER FIVE
5.0Summary /finding, Conclusion and Policy Recommendation
5.1Summary of Finding
5.2Conclusion
5.3Recommendations
Bibliography