Determination of Optimal Size of Government in Relation to Output Growth in Nigeria: A Monte Carlo Simulation Evidence

Determination of Optimal Size of Government in Relation to Output Growth in Nigeria: A Monte Carlo Simulation Evidence

This paper attempted to estimate optimal size of public sector that prompts positive output growth in Nigeria based on Monte Carlo simulation of estimated parameters of an error correction model having controlled for regime effect. Our motivation derives from economic theory that absence of governme...

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Bibliographic Details
Main Authors: David Umoru, Janet A Onimawo
Format: Article
Language:English
Published: Fakultas Ekonomi Universitas Sriwijaya 2021-09-01
Series:Sriwijaya International Journal of Dynamic Economics and Business
Subjects:
optimal government size
output growth
simulation results
error correction
public sector spending
nigeria
Online Access:http://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/287

Internet

http://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/287

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