Abstract:
The study tested the impact of fiscal policy on sustainable housing development in Nigeria from 1986 to 2020. The study used the ex-post
facto research design and Autoregressive distribution Lag (ARDL) and
error correction model (ECM) turned into used to decide the relationship and
effect of fiscal policy on housing development in Nigeria. Accordingly, the
Autoregressive distributed lag (ARDL) become used to check the lengthy-run
relationship and the impact of fiscal policy on housing development in Nigeria.
The ARDL result shows that government total revenue in Nigeria has a positive
impact on sustainable housing development in Nigeria and based on probability
the government total revenue in Nigeria has a significant impact on sustainable
housing development in Nigeria. Also, government total debt in Nigeria has a
positive impact on sustainable housing development in Nigeria,and based on a
probability government total debt in Nigeria has an insignificant impact on
sustainable housing development in Nigeria. More also, government total
expenditure has a negative impact on sustainable housing development in
Nigeria,and based on a probability government total expenditurehas an
insignificant impact on sustainable housing development in Nigeria. Therefore,
the study recommended that government should evaluate the revenue and
expenditure policies to increase the revenue generation in Nigeria to enhance
sustainable housing improvement in Nigeria. Also, the government must reduce
the use of debt on unproductive monetary activities to sustainable housing
improvement in Nigeria.
