Keywords: Capital, Development, Expenditure, Growth, Investment, Potential, Health

Abstract

This study examined the relationship between government expenditure on health development in Edo State, Nigeria. From various empirical works reviewed, there is still an insufficient all- inclusive study on government expenditure on health development in Edo State. The specific objectives of this study were to examine the relationship between government expenditure on health development in the State. The study was anchored on both Keynesian Economic Theory that advocates for active government intervention through increased public spending and expansionary monetary policy to stimulate growth and Endogenous Growth Theory that suggests that investments in agriculture, and health can foster sustained growth by enhancing the productivity of workers and capital. The findings of the study indicate that health expenditures indicated negative and insignificant effect on economic development. The study concluded that there is need for strategic allocation and effective management of public funds to maximise their growth-enhancing potential. It is recommended that government should prioritise and expand investment in health expenditure should be restructured and better managed to improve efficiency.

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Published: 2026

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