Fiscal Policy and Economic Growth
Open access
Abstract
Abstract
This study is on inflation rate and economic growth in Nigeria between the period 1980 and 2013. The main objective of the study was to investigate the nature of relationship between inflation rate and economic growth rate. The study made use of secondary data sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin and the National Bureau of Statistics (NBS). The Ordinary Least Square (OLS) logged multiple regression was employed with Gross Domestic Product (GDP) as the dependent variable and Inflation Rate (INFR), Exchange Rate (EXCHR), Input of Labour and Input of Capital served as the explanatory variables. Our results showed that inflation rate in line with apriori expectations had a positive relationship but non-significant with the economic growth rate. This suggested that as the GDP rises inflation also rises, suggesting that there has been no effectiveness in the monetary policies aimed at tackling or controlling inflation rate in Nigeria. We recommended that for sustainable economic growth to be achieved in Nigeria, the level of inflation should be stabilized by the monetary authorities.
Direct answer
What can I do from this paper page?
Use this page to scan "Inflation and economic growth in Nigeria" quickly: start with the summary and abstract, then check the authors, source, topics, and related papers. From here, open Scollr to follow Fiscal Policy and Economic Growth research, save the paper, or map adjacent work.
Research areas
Follow related topics
Citation
BibTeX
@article{Olu2026Inflation,
title = {Inflation and economic growth in Nigeria},
author = {Jeremiah Femi Olu and Emmanuel Ogwu Idih},
year = {2026},
doi = {10.13140/rg.2.2.16321.72806},
url = {https://doi.org/10.13140/rg.2.2.16321.72806}
}FAQ
Using this paper in a discovery workflow
How do I find related work for this paper?
Use the related papers and topic links on this page as starting points. In Scollr, you can also open the paper and build a literature map around its references, citing papers, and related work.
How can I keep up with new Fiscal Policy and Economic Growth research papers?
Follow Fiscal Policy and Economic Growth research in Scollr. New papers from the topic flow into a personalized feed, and you can save useful studies to revisit later.
Can I cite this paper from this page?
This page includes a static BibTeX block for Inflation and economic growth in Nigeria. Always verify the DOI, source, and publication details against the publisher record before submitting a manuscript.
Follow this research in Scollr
Follow the topics and authors behind this paper, save useful studies, and build a literature map when you are ready to go deeper.
Get the app