Public Finance and Rural Development in Nigeria: Empirical Evidence from the Structural Equation Modeling
Summary. Public finance systems in rural Nigeria fail to effectively fund infrastructure and social amenities that improve quality of life. The study examined nine local government areas in Benue state and found that shared revenue arrangements between state and local governments create serious obstacles to financing rural development projects. The authors recommend restructuring public finance systems at the local government level to enable more efficient and prudent allocation of resources for rural development.
Cite this article
Rafindadi, A. A., & Kondo, K. A.. (2018). Public Finance and Rural Development in Nigeria: Empirical Evidence from the Structural Equation Modeling. Asian Economic and Financial Review. https://doi.org/10.18488/journal.aefr.2018.811.1313.1339
Rafindadi, Abdulkadir Abdulrashid, and Kondo Augustine Kondo. “Public Finance and Rural Development in Nigeria: Empirical Evidence from the Structural Equation Modeling.” Asian Economic and Financial Review, 2018. https://doi.org/10.18488/journal.aefr.2018.811.1313.1339.
Rafindadi, Abdulkadir Abdulrashid, and Kondo Augustine Kondo. 2018. “Public Finance and Rural Development in Nigeria: Empirical Evidence from the Structural Equation Modeling.” Asian Economic and Financial Review. https://doi.org/10.18488/journal.aefr.2018.811.1313.1339.
@article{rafindadi-2018-public-finance-rural-development-nigeria,
title = {Public Finance and Rural Development in Nigeria: Empirical Evidence from the Structural Equation Modeling},
author = {Abdulkadir Abdulrashid Rafindadi and Kondo Augustine Kondo},
journal = {Asian Economic and Financial Review},
year = {2018},
doi = {10.18488/journal.aefr.2018.811.1313.1339},
url = {https://doi.org/10.18488/journal.aefr.2018.811.1313.1339}
}
TY - JOUR TI - Public Finance and Rural Development in Nigeria: Empirical Evidence from the Structural Equation Modeling AU - Abdulkadir Abdulrashid Rafindadi AU - Kondo Augustine Kondo JO - Asian Economic and Financial Review PY - 2018 DO - 10.18488/journal.aefr.2018.811.1313.1339 UR - https://doi.org/10.18488/journal.aefr.2018.811.1313.1339 ER -
Details
- DOI
- 10.18488/journal.aefr.2018.811.1313.1339
- Countries
- Nigeria
- Regions
- Africa
- Categories
- policy, funding, regional-innovation-systems
- Added
- 2026-04-28