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100			_aAyadi, Olusegun Felix _933012
245			_aHow Effective Is Resource Stabilization Fund in a Mono-product Economy?
300			_a842–858 p.
520			_aIn managing a mono-product economy, the Nigerian government expenditure patterns follow revenue patterns in cycles of boom and bust in crude oil prices. Thus, fiscal policy becomes procyclical, which is an indicator of poor fiscal management. To arrest this situation, the government established a stabilization fund in 2004. The objective of this article is to provide a better understanding of the role of a stabilization fund in the fiscal management of the Nigerian economy. This is done using an econometric model framework that explains both government spending and fiscal balance as a share of GDP while controlling for a set of economic and demographic variables. The results indicate that the establishment of a stabilization fund has no moderating effect on government spending behaviour. Moreover, the evidence shows that the stabilization fund has a positive impact on fiscal balance during the sample period.
653			_aStabilization fund, sovereign wealth fund, mono-product economy,
653			_aNigeria, quantile regression,
653			_afiscal sustainability, fiscal balance
700			_aHyman, Ladelle M. _933013
700			_aWilliams, Johnnie _933014
700			_aDesselle, Bettye _933015
773	0		_029349 _972597 _aBANIK, ARINDAM _dNEW DELHI SAGE PUBLISHING PVT. LTD. _o5559312 _tGLOBAL BUSINESS REVIEW _x0972-1509
942			_2ddc _cJA-ARTICLE