Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/217764 
Year of Publication: 
2018
Citation: 
[Journal:] European Journal of Government and Economics (EJGE) [ISSN:] 2254-7088 [Volume:] 7 [Issue:] 1 [Publisher:] Universidade da Coruña [Place:] A Coruña [Year:] 2018 [Pages:] 60-84
Publisher: 
Universidade da Coruña, A Coruña
Abstract: 
The bursting of crude oil prices in the international market since mid-2014 has resulted in dwindling oil revenue, which has led to economic recession in Nigeria. The recession has further exacerbated existing socioeconomic problems bedeviling the country. In the light of this, we examined the effect of government revenues (oil and (Non-oil revenues) on economic growth, both in the short-run and the long-run using autoregressive distributed lag method. Our findings show that government revenues are indispensable to economic growth in Nigeria. In addition, we found that economic growth is more responsive to oil revenue than (Non-oil revenue. Based on our findings, we advocate for effective and efficient use of government revenues. Furthermore, since oil revenue fluctuates more than (Non-oil revenue, we further advocate for creation of an enabling business environment geared towards improving the contribution of the (Non-oil sector to the government revenue base.
Subjects: 
Oil Revenues
Non-oil Revenues
Economic Growth
ARDL
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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