Output Volatility and Government Size in Nigeria

Abstract

Research background: Output volatility has potentially adverse consequences on the economy and the stabilizing role of fiscal policy is linked to the share of government size in an economy. Hence, given the relative large share of government in developing countries, government size is expected to play an important role in stabilizing output volatility.

Keywords

• output volatility
• government size
• auto-regressive distributed lag
• nigeria
• e32
• e62