| Peer-Reviewed

The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria

Received: 30 December 2013     Published: 20 March 2014
Views:       Downloads:
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.

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), 2014. Published by Science Publishing Group

Keywords

Conflict, Gross Domestic Product, Security Budget, Economic Development, Conflict management

References
[1] Taeb, M. (2004). Agriculture for Peace: Promoting Agricultural Development in Support of Peace. United Nations University-Institute of Advanced Studies, Japan, 2004. http://www.ias.unu.edu/binaries/UNUIAS_AgforPeaceReport.pdf.
[2] Wanyande, P. (1997). State Driven Conflict in the Greater Horn of Africa, Revised Paper Presented at the USAID Organized workshop on Conflict in the Great Horn of Africa May 21-23, Methodist House: Nairobi.
[3] Shemyakina, Olga. (2006). The Effect of Armed Conflict on Accumulation of Schooling: Results from Tajikistan. Households in Conflict Network Working Paper 12.
[4] Collier, P. and A. Hoeffler.(2007). Civil War, Chapter 23 in Handbook of Defense Economics T. Sandler and K. Hartley (eds), Volume 2, Elsevier 711-739.
[5] Blattman, C., Miguel, E. (2010). Civil War. Journal of Economic Literature 48 (1), 3-57.
[6] World Bank. (2003). Civil War and Development Policy. Policy Research Report, World Bank Group.
[7] Tangeras, T. P. and Lagerlöf, N. P. (2003). Ethnic Diversity and Civil War. Working paper No. 589, The Research Institute of Industrial Economics.
[8] Stewart F. and FitzGerald, V. (2001). Assessing the Economic Costs of War. War and Underdevelopment. 1. Oxford University Press.
[9] Azam J. P., Colleir, P. and Hoeffler, A. (2001). International Policies on Civil Conflict: an economic perspective. Unpublished Working Paper.
[10] Abadie, A. and Gardeazabal, J. (2001). The economic costs of conflict: A case-control study for the Basque country. Working paper 8478 National Bureau of Economic Research.
[11] Elbadawi, I. (1999). Civil Wars and Poverty: the Role of External Interventions, Political Rights and Economic Growth. World Bank's Development Economic Research Group.
[12] Ross, M. (2002). Natural Resources and Civil War: An Overview with some policy options. Draft Report Prepared for conference on "The Governance of Natural Resources Revenue", World Bank and the Agence Francaise de Development, paris, December 2002.
[13] Collier, P. and Hoeffler A. (1998). On Economic Causes of Civil War. Oxford Economic Papers 50, 563-73.
[14] Collier, P. (1998). On the Economic Consequences of Civil War. Oxford Economic papers 51, 168-183.
[15] Irobi, G. (2005). Ethnic Conflict Management in Africa: A comparative Case Study of Nigeria and South Africa. Conflict Research Consortium: University of Colorado.
[16] Marke, D. (2007). Will Africa Ever Be Able To Replicate Successful Economies? December 16, 2007.
[17] Onyeiwu, S. (2004). On the Economic Determinants of Violent Conflict in Africa: Preliminary Evidence From Nigeria,Helsinki: Finland.
[18] Brian-Vincent I. (2009). The Relationship between Poverty, Conflict and Development. Journal of Sustainable Development, 2(1): 15-28.
[19] Messer, E., Cohen, M. J., and Jashinta D’Costa. (2000). Armed Conflict and Hunger. Hunger Notes. http://www.worldhunger.org/articles/fall2000/messer1.htm#Introduction.
[20] Collier, P. and Hoeffler, A. (2000). Greed and Grievance in Civil War. World Bank Policy Research Paper 2355.
[21] Mkandawire T., Soludo, C. C., and Mkandawire, P. T. (2001). Our Continent, Our future, African Perspectives on Structural Adjustment. Africa World Press.
[22] Murdoch J. C. and Sandler, T. (2002). Economic Growth, Civil War and Spatial spillovers. Journal of Conflict Resolution, 46 (1): 91-110.
[23] Collier, P. and Hoeffler, A. (2002). On the Incidence of Civil War in Africa. Journal of Conflict Resolution, 46:13-28.
[24] Rodrik, D. (1999). Where Did All the Growth Go? External Shocks, Social Conflict and Growth Collapses. Journal of Economic Growth, 4(4):385-412.
[25] Cerra, Valerie and Sweta Chaman Saxena. (2008). Growth Dynamics: The Myth of Economic Recovery. American Economic Review, 98(1):439-57.
[26] Chen, Siyan, Norman Loayza and Marta Reynal-Querol. (2008). The Aftermath of Civil War. The World Bank Economic Review 22(1):63-85.
[27] Omitoogun, W. (2001). Military Expenditure and Conflict in Africa. DPMN Bulletin, Vol. VIII, No. 1, July.
[28] Hoeffler, A. and Reynal-Querol, M. (2003). Measuring the Costs of Conflict. Unpublished Working Paper, Oxford.
[29] Lacina, B. and Gleditsch, N. P. (2005). Monitoring Trends in Global Combat: A New Dataset of Battle Deaths. European Journal of Population, 21(2-3): 145-166.
[30] Homvana, A. (2006). Child Soldiers in Africa. University of Pennsylvania Press: Philadelphia, PN.
[31] Demecas, D. G., McHugh, J. and Kosma, T. (2002). The Economics of Post Conflict Aid, IMF Working Paper 02/198.
[32] Draper, N. R. and Smith, H. (1981). Applied Regression Analysis. 2nd ed. John Wiley, New York.
[33] Motulsky, H. J. and Christopoulos, A. (2003). Fitting models to Biological Data using Linear and Nonlinear Regression. A practical guide to curve fitting. Graphpad Software Inc., San Diego CA,.
[34] Blomberg, S. B., Hess, G.D. (2006). How Much Does Violence Tax Trade? The Review of Economics and Statistics, 88 (4), 599-612.
Cite This Article
  • 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

    Copy | Download

    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

    Copy | Download

    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

    Copy | 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}
    }
    

    Copy | Download

  • 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  - 

    Copy | Download

Author Information
  • Sections