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...

Descripción completa

Detalles Bibliográficos
Autores principales: David Umoru, Janet A Onimawo
Formato: Artículo
Lenguaje:English
Publicado: Fakultas Ekonomi Universitas Sriwijaya 2021-09-01
Colección:Sriwijaya International Journal of Dynamic Economics and Business
Materias:
Acceso en línea:https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/287