This study assessed the impact of conflict and security budget for conflict management on gross domestic product in Nigeria. Secondary source of data gathered from published articles on peace and development, internet reports on conflicts, publications from the Federal Ministry of Finance and National Bureau of Statistics from 2000-2012 was employed. The statistical tools used to analyze the data include regression analysis, correlation analysis and the line graph analysis. From the result of the analysis it was observed that incidence of conflict and gross domestic product has a positive correlation with an association measure of 68%. Also, it was found that incidence of conflict contributed significantly to the behavior of gross domestic product and it was found that increase on incidence of conflict reduces the gross domestic product of Nigeria. The existence of a strong positive correlation was found between security budget for conflict management and gross domestic product with an association measure of 72.7%. It was equally found that security budget for conflict management contributed significantly to the behavior of gross domestic product in Nigeria. The result explained further that as security budget increases gross domestic product increases. This result implies that as more money is been budgeted for conflict management, gross domestic product increases in turn; since there will be less of conflict and greater room for economic development.
| Published in | International Journal of Business and Economics Research (Volume 3, Issue 1) |
| DOI | 10.11648/j.ijber.20140301.14 |
| Page(s) | 29-36 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Conflict, Gross Domestic Product, Security Budget, Economic Development, Conflict management
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APA Style
Ijeoma, N. B. (2014). The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria. International Journal of Business and Economics Research, 3(1), 29-36. https://doi.org/10.11648/j.ijber.20140301.14
ACS Style
Ijeoma; N. B. The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria. Int. J. Bus. Econ. Res. 2014, 3(1), 29-36. doi: 10.11648/j.ijber.20140301.14
AMA Style
Ijeoma, N. B. The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria. Int J Bus Econ Res. 2014;3(1):29-36. doi: 10.11648/j.ijber.20140301.14
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Download@article{10.11648/j.ijber.20140301.14,
author = {Ijeoma and N. B.},
title = {The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria},
journal = {International Journal of Business and Economics Research},
volume = {3},
number = {1},
pages = {29-36},
doi = {10.11648/j.ijber.20140301.14},
url = {https://doi.org/10.11648/j.ijber.20140301.14},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20140301.14},
abstract = {This study assessed the impact of conflict and security budget for conflict management on gross domestic product in Nigeria. Secondary source of data gathered from published articles on peace and development, internet reports on conflicts, publications from the Federal Ministry of Finance and National Bureau of Statistics from 2000-2012 was employed. The statistical tools used to analyze the data include regression analysis, correlation analysis and the line graph analysis. From the result of the analysis it was observed that incidence of conflict and gross domestic product has a positive correlation with an association measure of 68%. Also, it was found that incidence of conflict contributed significantly to the behavior of gross domestic product and it was found that increase on incidence of conflict reduces the gross domestic product of Nigeria. The existence of a strong positive correlation was found between security budget for conflict management and gross domestic product with an association measure of 72.7%. It was equally found that security budget for conflict management contributed significantly to the behavior of gross domestic product in Nigeria. The result explained further that as security budget increases gross domestic product increases. This result implies that as more money is been budgeted for conflict management, gross domestic product increases in turn; since there will be less of conflict and greater room for economic development.},
year = {2014}
}
TY - JOUR T1 - The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria AU - Ijeoma AU - N. B. Y1 - 2014/03/20 PY - 2014 N1 - https://doi.org/10.11648/j.ijber.20140301.14 DO - 10.11648/j.ijber.20140301.14 T2 - International Journal of Business and Economics Research JF - International Journal of Business and Economics Research JO - International Journal of Business and Economics Research SP - 29 EP - 36 PB - Science Publishing Group SN - 2328-756X UR - https://doi.org/10.11648/j.ijber.20140301.14 AB - This study assessed the impact of conflict and security budget for conflict management on gross domestic product in Nigeria. Secondary source of data gathered from published articles on peace and development, internet reports on conflicts, publications from the Federal Ministry of Finance and National Bureau of Statistics from 2000-2012 was employed. The statistical tools used to analyze the data include regression analysis, correlation analysis and the line graph analysis. From the result of the analysis it was observed that incidence of conflict and gross domestic product has a positive correlation with an association measure of 68%. Also, it was found that incidence of conflict contributed significantly to the behavior of gross domestic product and it was found that increase on incidence of conflict reduces the gross domestic product of Nigeria. The existence of a strong positive correlation was found between security budget for conflict management and gross domestic product with an association measure of 72.7%. It was equally found that security budget for conflict management contributed significantly to the behavior of gross domestic product in Nigeria. The result explained further that as security budget increases gross domestic product increases. This result implies that as more money is been budgeted for conflict management, gross domestic product increases in turn; since there will be less of conflict and greater room for economic development. VL - 3 IS - 1 ER -
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